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$824,000

Beds
5
Baths
3.5
sq ft
3,307

7261 Manor Oaks Drive, Raleigh, NC 27615

7261 Manor Oaks Drive

Raleigh, NC 27615

  • 45 days on market
    • Price drop $25,900↓
North Raleigh, North Ridge,Golf Course community Transitional Home with elegant entrance columns & extensive woodwork. Open foyer/dual staircase and hardwoods and 9 foot ceilings throughout first floor! Large open kitchen with double ovens open to spacious family room with fireplace. Primary bedroom w/sitting room w/LARGE closet. 3rd floor, private bonus/teen suite/office w/FULL BATH! Screened porch overlooking large deck, outdoor fire pit w/pavers and fenced yard. Yard is professionally landscaped with irrigation and mature trees and bushes.

Details

Property type

Single Family Residence

Est. home value

$864,411

Lot size

0.41 acres

Price per sq ft

$250

Year built

1994

Annual property taxes

$5,808.38

Price History

06/20/2024
TriangleMLS

TriangleMLS #10031167

Price change
$824,000
-3.05%
05/23/2024
TriangleMLS

TriangleMLS #10031167

Listed
$849,900
+139.41%
05/23/2002
TriangleMLS

TriangleMLS #628638

Sold
$355,000

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake - Millbrook

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

$560,656
Asking price
$824,000
Closing costs (~8% of asking)
-$65,920
Est. remaining loan balance
-$197,424
Cash to seller
$560,656

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

September 2020

Original loan amount

$215,000

Est. remaining balance

$197,424

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

William Christopher Hanks and Cynthia Jean Hanks

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

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$737,000
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House

1905 Topsfield Court, Raleigh, NC 27615

Status: Active

Tomo last checked: 07/07/2024 at 4:30 PM

Listing updated: 06/20/2024 at 6:15 PM

Listed by: Helen Horn, Horn Realty Phone #: (919) 847-1982

MLS: TriangleMLS #10031167

TriangleMLS logo

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