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$413,927Estimated home value

Beds
4
Baths
2.5
sq ft
1,772

7313 Summerland Drive, Raleigh, NC 27612

7313 Summerland Drive

Raleigh, NC 27612

  • Sold On 10/18/2024
    • Price drop $20,000↓
Beautifully updated home located on a serene cul-de-sac in North Raleigh. The main floor boasts a spacious open-concept layout featuring an updated kitchen and a sunroom. The upper level includes three bedrooms and two beautifully updated full baths. The lower level offers a cozy den with a charming brick fireplace, an updated bathroom, an additional bedroom or office option, and a spacious laundry room. The roof was replaced in 2012, and the HVAC system was updated in 2020. Additionally, there is a 500-square-foot unfinished area below grade.

Details

Property type

Single Family Residence

Est. home value

$413,927

Lot size

0.26 acres

Price per sq ft

$223

Year built

1983

Annual property taxes

$3,182

Price History

10/18/2024
TriangleMLS

TriangleMLS #10039835

Sold
$385,000
-2.53%
09/16/2024
TriangleMLS

TriangleMLS #10039835

Pending
$395,000
08/12/2024
TriangleMLS

TriangleMLS #10039835

Price change
$395,000
-4.82%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Fcu

Loan start date

May 2023

Original loan amount

$66,500

Est. remaining balance

Not provided

Interest rate

5.64%

Loan type

Credit Line (Revolving), 15 year

Seller

Steven R Ingram

Lender

Coastal Fcu

Loan start date

May 2021

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Stand Alone Second, 10 year

Seller

Steven R Ingram

Lender

Coastal Fcu

Loan start date

March 2021

Original loan amount

$120,000

Est. remaining balance

$94,806

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

Steven R Ingram

Lender

North Carolina Housing Finance Agency

Loan start date

September 2017

Original loan amount

$19,683

Est. remaining balance

Not provided

Interest rate

3.96%

Loan type

Not Provided

Seller

Steven R Ingram

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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7317 Summerland Drive, Raleigh, NC 27612

Status: Off Market

Tomo last checked: 11/03/2024 at 7:45 AM

Listing updated: 10/19/2024 at 4:22 AM

Listed by: Megan Hackley, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10039835

TriangleMLS logo

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