tomo logo

$850,000

Beds
5
Baths
3.5
sq ft
4,007

7341 Newport Avenue, Raleigh, NC 27613

7341 Newport Avenue

Raleigh, NC 27613

  • 59 days on market
    • Price drop $49,000↓
    • Open house Jul 07
Earn up to $5000 in closing costs. Stunning 5 bedroom home situated in close proximity to shops, restaurants, parks and RDU. Home features open floor plan perfect for living and entertaining, tall ceiling, wide staircase an abundance of storage and natural light. First floor features entry foyer, front office, open family room with fireplace, eat in kitchen with dining/breakfast area, screened porch and deck access. Second floor features primary suite, 3 secondary bedrooms, hall bathroom and laundry. Walkout basement features coffered ceiling, plenty of storage, in law/guest/5th bedroom with full bath & wet bar area with sink, microwave, dishwasher & mini fridge. Additional features include oversized garage, covered front porch, covered oversized back patio, fenced landscaped backyard & 2022 HVAC system!

Details

Property type

Single Family Residence

Est. home value

$823,227

Lot size

7,405.2 sq ft

Price per sq ft

$213

Year built

2007

Annual property taxes

$5,303.23

Monthly HOA fee

$31.25

Price History

06/25/2024
TriangleMLS

TriangleMLS #10028315

Price change
$850,000
-5.45%
06/10/2024
TriangleMLS

TriangleMLS #10028315

Price change
$899,000
-2.18%
05/23/2024
TriangleMLS

TriangleMLS #10028315

Price change
$919,000
-2.13%

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake - York

Middle school: 

Wake - Leesville Road

High school: 

Wake - Leesville Road

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

Quicken Loans Inc

Loan start date

May 2020

Original loan amount

$386,000

Est. remaining balance

$352,284

Interest rate

3.65%

Loan type

New Conventional, 29 year

Seller

William Ethan Suttles and Michelle Lynn Suttles

Lender

Quicken Loans Inc

Loan start date

September 2019

Original loan amount

$386,000

Est. remaining balance

$348,953

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Wiliam Ethan Suttles and Michelle Lynn Suttles

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

TriangleMLS
$949,000
5 bd
|
3.5 ba
|
5,042 sq ft
|
House

5509 Killarney Hope Drive, Raleigh, NC 27613

New
TriangleMLS
$910,000
5 bd
|
3 ba
|
3,575 sq ft
|
House

4301 Sprague Road, Raleigh, NC 27613

Price drop
TriangleMLS
$765,000
5 bd
|
2.5 ba
|
2,940 sq ft
|
House

5513 Parkwood Drive, Raleigh, NC 27612

Status: Active

Tomo last checked: 07/07/2024 at 3:55 PM

Listing updated: 07/07/2024 at 4:14 AM

Listed by: Ashley Wilson DeWeese, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10028315

TriangleMLS logo

Recently listed in Raleigh