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$349,900

Beds
3
Baths
2.0
sq ft
1,394

5849 Ricker Road, Raleigh, NC 27610

5849 Ricker Road

Raleigh, NC 27610

  • 43 days on market
    • Price drop $5,100↓
*MOTIVATED SELLERS* This beautiful 3bdrm/2bathrm home in Chastain awaits you! This beauty features LVP flooring th'out the entire home. Enjoy open concept living room with cozy fireplace, high vaulted ceilings with skylight for tons of natural lighting also flowing into the kitchen that boasts a harmonious blend of modern elegance with SS appliances, breakfast bar seating, plenty of cabinet space and pantry. Two 1st floor bdrms perfect for family or guests with full bath. Private 2nd floor owner's suite w/ vaulted ceiling, huge Walk-in closet, & soaker tub. Enjoy the outdoors on the large patio covered by huge gazebo perfect for BBQs and grilling with elegant lighting especially at nights. Corner lot with fenced in backyard. . Property has previously served as an Airbnb, presenting an excellent investment opportunity for extra income as home is less than 20 minutes from Downtown Raleigh! HOA includes front yard maintenance. Enjoy the convenience of being a short distance to a community park and nearby shopping, ensuring easy access to recreational activities and daily necessities!

Details

Property type

Single Family Residence

Est. home value

$310,011

Lot size

6,969.6 sq ft

Price per sq ft

$252

Year built

2003

Annual property taxes

$2,285.92

Monthly HOA fee

$44.58

Price History

10/08/2024
TriangleMLS

TriangleMLS #10054877

Price change
$349,900
-1.44%
09/26/2024
TriangleMLS

TriangleMLS #10054877

Listed
$355,000
+1.46%
08/15/2024
TriangleMLS

TriangleMLS #10039478

Removed
$349,900

Schools & Community

Neighborhood: 

Southeast Raleigh

Elementary school: 

Wake - Barwell

Middle school: 

Wake - East Garner

High school: 

Wake - South Garner

Community features: 

Park, Playground, Sidewalks, Street Lights

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

$17,254
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$304,654
Cash to seller
$17,254

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

September 2022

Original loan amount

$314,204

Est. remaining balance

$304,654

Interest rate

5.22%

Loan type

FHA, 30 year

Seller

Royon Burrell and Vanecia Thompson Brown

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: 11/08/2024 at 11:05 AM

Listing updated: 10/24/2024 at 2:00 PM

Listed by: Vanecia Thompson Brown, Navigate Realty Phone #: (910) 707-4321

MLS: TriangleMLS #10054877

TriangleMLS logo

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