tomo logo

$269,000

Beds
3
Baths
1.5
sq ft
1,221

5922 Farm Gate Road, Raleigh, NC 27606

5922 Farm Gate Road

Raleigh, NC 27606

  • 7 days on market
Charming renovated 3 bedroom, 2 bathroom end unit townhome located within a mile from Rt. 40, Cary Crossroads and Fenton and two miles from all that Downtown Cary has to offer. from With 1,210 square feet of living space spread across two stories, this cozy home offers comfortable living in a convenient location. This home features a large living area with wood-burning fireplace, screened-in patio and a finished storage room that leads on to a back deck. The roof is less than one year old, AC unit is two years old, and the hot water heater is three years old for low maintenance ownership.

Details

Property type

Townhouse

Est. home value

$263,549

Lot size

1,306.8 sq ft

Price per sq ft

$221

Year built

1974

Annual property taxes

$1,506.76

Price History

06/25/2024
TriangleMLS

TriangleMLS #10037631

Listed
$269,000
+104.41%
08/23/2019
TriangleMLS

TriangleMLS #2264200

Sold
$131,600

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake - Reedy Creek

Middle school: 

Wake - Reedy Creek

High school: 

Wake - Athens Dr

Community features: 

Sidewalks

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

$131,867
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$115,613
Cash to seller
$131,867

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

Seller’s Loan History

Lender

Equity Resources Of Ohio Inc

Loan start date

August 2019

Original loan amount

$127,652

Est. remaining balance

$115,613

Interest rate

3.84%

Loan type

New Conventional, 30 year

Seller

Lauren A Socha

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?

Similar Homes Nearby

Price drop
TriangleMLS
$268,000
3 bd
|
2 ba
|
1,166 sq ft
|
Townhouse

708 Godwin Court, Raleigh, NC 27606

TriangleMLS
$255,000
3 bd
|
1.5 ba
|
1,135 sq ft
|
Townhouse

701 Godwin Court, Raleigh, NC 27606

Price drop
TriangleMLS
$274,900
3 bd
|
1.5 ba
|
1,155 sq ft
|
Condo

4816 Blue Bird Court Unit C, Raleigh, NC 27606

Status: Active

Tomo last checked: 07/02/2024 at 6:55 PM

Listing updated: 06/25/2024 at 3:54 PM

Listed by: Nicholas Huscroft, Chosen Real Estate Group Phone #: (330) 249-3499

MLS: TriangleMLS #10037631

TriangleMLS logo

Recently listed in Raleigh