tomo logo

$451,000

Beds
3
Baths
2.5
sq ft
1,743

7317 Summerland Drive, Raleigh, NC 27612

7317 Summerland Drive

Raleigh, NC 27612

  • 50 days on market
    • Price drop $10,000↓
    • Open house Jul 05
Welcome to this charming and comfortable home with thoughtful touches throughout. The corner-set fireplace in the living area, complemented by a tasteful neutral color scheme, creates a cozy atmosphere perfect for relaxation. The modern elegance of the kitchen, with its unique accent backsplash and stainless steel appliances, adds a refined touch to the chic interiors. The primary bathroom, featuring double sinks, offers a harmonious self-care experience for both mornings and evenings. Outdoor living is equally delightful, with a spacious deck and fenced-in backyard providing privacy and a great space for outdoor dining or simply enjoying the fresh air. Experience the perfect blend of style and function in this inviting residence that truly embodies comfortable living. This home has been virtually staged to illustrate it's potential.

Details

Property type

Single Family Residence

Est. home value

$420,561

Lot size

0.25 acres

Price per sq ft

$259

Year built

1982

Annual property taxes

$2,851.82

Price History

07/04/2024
TriangleMLS

TriangleMLS #10029528

Price change
$451,000
-2.17%
06/20/2024
TriangleMLS

TriangleMLS #10029528

Price change
$461,000
-0.65%
06/06/2024
TriangleMLS

TriangleMLS #10029528

Price change
$464,000
-0.22%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - Lynn Road

Middle school: 

Wake - Carroll

High school: 

Wake - Sanderson

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

$184,425
Asking price
$451,000
Closing costs (~8% of asking)
-$36,080
Est. remaining loan balance
-$230,495
Cash to seller
$184,425

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

March 2020

Original loan amount

$251,750

Est. remaining balance

$230,495

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Jeffrey Kendall Moore Ii

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: 07/05/2024 at 12:05 AM

Listing updated: 07/04/2024 at 6:23 AM

Listed by: Thomas Ladane Shoupe, Opendoor Brokerage LLC Phone #: (480) 462-5392

MLS: TriangleMLS #10029528

TriangleMLS logo

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