tomo logo

$400,000

Beds
3
Baths
2.5
sq ft
2,119

608 Penncross Drive, Raleigh, NC 27610

608 Penncross Drive

Raleigh, NC 27610

  • 3 days on market
    • Open house Mar 30
Welcome home to Village Lakes! Natural light greets you as you enter a bright and open floor plan. Soaring ceilings have this home living large! Updated LVP flooring throughout the main floor. Large eat-in kitchen with bay window, ample granite countertops, NEW dishwasher & NEW stove. Relax in your owner's suite with WIC and en-suite bath w/ dual vanity, soaking tub, and stand-alone shower. Beautiful updates throughout! Home is freshly painted, with NEW carpet on the second floor. Updated secondary bath and powder room. Plenty of room for activities in the bonus room! Relax on your private deck and enjoy the pond view. The birds, otters, and deer love it here too! 2nd floor HVAC 2024, new garage door opener & sensors, new dryer, and roof replaced in 2017. Amazing amenities w/ community pool, tennis courts, volleyball, trails & more. Min to shopping, dining, RDU, RTP, downtown Raleigh. Less than 10 minutes to 1-440/40 and 1-540. See full list of features & upgrades in MLS docs or contact listing agent for more details.

Details

Property type

Single Family Residence

Est. home value

$409,160

Lot size

7,840.8 sq ft

Price per sq ft

$189

Year built

1994

Annual property taxes

$3,421.92

Monthly HOA fee

$59.67

Price History

03/27/2025
TriangleMLS

TriangleMLS #10085033

Listed
$400,000
+23.08%
05/24/2021
TriangleMLS

TriangleMLS #2379459

Sold
$325,000
+67.7%
09/28/2007
TriangleMLS

TriangleMLS #951991

Sold
$193,800
+0.94%

Schools & Community

Neighborhood: 

Southeast Raleigh

Elementary school: 

Wake - Rogers Lane

Middle school: 

Wake - River Bend

High school: 

Wake - S E Raleigh

Community features: 

Clubhouse, Lake, Pool, Sidewalks, Street Lights, Tennis Court(s)

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

$136,640
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$231,360
Cash to seller
$136,640

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$252,000

Est. remaining balance

$231,360

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Skipper Davies

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?

Status: Active

Tomo last checked: 03/30/2025 at 7:55 PM

Listing updated: 03/27/2025 at 5:22 PM

Listed by: Trinity French, Relevate Real Estate Inc. Phone #: (919) 395-0735

MLS: TriangleMLS #10085033

TriangleMLS logo

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