tomo logo

$315,000

Beds
3
Baths
2.5
sq ft
1,417

5809 Neuse Wood Drive, Raleigh, NC 27616

5809 Neuse Wood Drive

Raleigh, NC 27616

  • 16 days on market
    • Open house Feb 22
Showings start Sat 2/8. This charming townhome in the desirable Addison Reserve subdivision in N Raleigh, is one of the few with an attached garage. The main floor features newer LVP flooring (installed in 2022), a spacious family room with cozy gas fireplace with large corner mantle & slate surround—perfect for relaxing or entertaining. Kitchen is has lots of storage including panty plus stainless steel appliances, including a smooth-top range and built-in microwave. Back door from the dining area leads to a private patio, where you can unwind, grill out and enjoy the peaceful wooded backdrop. Upstairs owner's suite has vaulted ceilings, an en suite bathroom with dual vanity, and an updated ceiling fan for added comfort. Don't miss this fantastic opportunity to own a beautifully maintained townhome in a prime Raleigh location!

Details

Property type

Townhouse

Est. home value

$291,113

Lot size

3,920.4 sq ft

Price per sq ft

$223

Year built

2002

Annual property taxes

$2,456.14

Monthly HOA fee

$98.24

Price History

02/06/2025
TriangleMLS

TriangleMLS #10074977

Listed
$315,000
+0.96%
06/29/2022
TriangleMLS

TriangleMLS #2450760

Sold
$312,000
+65.96%
12/12/2019
TriangleMLS

TriangleMLS #2289943

Sold
$188,000
+14.63%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake - Wildwood Forest

Middle school: 

Wake - East Millbrook

High school: 

Wake - Wakefield

Community features: 

Sidewalks

High school district: 

Wake County Schools

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,622
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$285,178
Cash to seller
$4,622

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2022

Original loan amount

$296,400

Est. remaining balance

$285,178

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Christopher A Tong and Lindsay R Hann

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 2:30 PM

Listing updated: 02/21/2025 at 1:15 AM

Listed by: Allison Iudica, Better Homes & Gardens Real Es Phone #: (919) 439-2168

MLS: TriangleMLS #10074977

TriangleMLS logo

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