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$278,500

Beds
3
Baths
2.5
sq ft
1,208

5901 San Marcos Way, Raleigh, NC 27616

5901 San Marcos Way

Raleigh, NC 27616

  • 5 days on market
Charming END-UNIT TOWNHOME with hard to find first floor primary bedroom. Very private side entry, beautiful kitchen with gray/greige cabinets and quartz countertops. First floor laundry, gas fireplace, walk-in closet in primary and vaulted ceiling in living room. Patio opens to large common area. Roof to be replaced by HOA in February, 2025 (per home owner). HOA Fees only $95 per month. Generously sized bedrooms. Convenient location near Durant Road, 401 North and 540. Great walking neighborhood and quiet location.

Details

Property type

Townhouse

Est. home value

$288,423

Lot size

1,742.4 sq ft

Price per sq ft

$231

Year built

2002

Annual property taxes

$2,185

Monthly HOA fee

$98.24

Price History

01/15/2025
TriangleMLS

TriangleMLS #10070909

Listed
$278,500
-4.62%
06/06/2023
TriangleMLS

TriangleMLS #2500419

Sold
$292,000
+149.57%
11/29/2007
TriangleMLS

TriangleMLS #948357

Sold
$117,000
+10.9%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake - Wildwood Forest

Middle school: 

Wake - East Millbrook

High school: 

Wake - Wakefield

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

-$1,632
Asking price
$278,500
Closing costs (~8% of asking)
-$22,280
Est. remaining loan balance
-$257,852
Cash to seller
-$1,632

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2023

Original loan amount

$262,800

Est. remaining balance

$257,852

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Daniel Richards

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: 01/20/2025 at 11:55 PM

Listing updated: 01/16/2025 at 12:55 PM

Listed by: Jenny Lundquist, Allen Tate/Wake Forest Phone #: (919) 453-5700

MLS: TriangleMLS #10070909

TriangleMLS logo

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