tomo logo

$2,300,000

Beds
4
Baths
3.5
sq ft
3,781

8617 Riley Hill Road, Zebulon, NC 27597

8617 Riley Hill Road

Zebulon, NC 27597

  • 215 days on market
This stunning 26.68-acre property features a custom Rex Bost Tudor-style home spanning 3,781 square feet with 4 bedrooms and 3.5 bathrooms, including a bonus room and an unfinished 454 square-foot basement. Note: the 4th bedroom and bath are unpermitted (546 square feet) - see documents for details. The property boasts two access points and a 4-bedroom septic permit. The home's interior is graced with cathedral and beam ceilings, creating an airy and spacious feel. The living room features exposed beams with a vaulted ceiling, many windows that flood the space with natural light, and a dramatic stone fireplace that reaches up to the ceiling. The kitchen is a chef's delight with sprawling countertops and ample space for entertaining. It continues the theme of exposed beams and rich wood cabinets, offering gorgeous views from the windows as you prepare your morning coffee. Outside, the front of the home presents striking curb appeal with meticulous landscaping. The backyard is an oasis with an inground swimming pool, a large tanning or grilling area, and a screened-in porch leading to the pool. Additional features include a 30x60 barn with a 14x60 covered area and a serene pond. Conveniently located just 1.5 miles from US 264/64 and 24 miles from Downtown Raleigh, this property offers tranquility and accessibility.

Details

Property type

Single Family Residence

Est. home value

$906,327

Lot size

26.68 acres

Price per sq ft

$609

Year built

2002

Annual property taxes

$6,406.97

Price History

05/22/2024
TriangleMLS

TriangleMLS #10030863

Listed
$2,300,000

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

$1,793,459
Asking price
$2,300,000
Closing costs (~8% of asking)
-$184,000
Est. remaining loan balance
-$322,541
Cash to seller
$1,793,459

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

September 2015

Original loan amount

$400,000

Est. remaining balance

$322,541

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Sameh Botros and Samir S Botros

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: 12/23/2024 at 11:00 AM

Listing updated: 12/18/2024 at 1:54 PM

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

MLS: TriangleMLS #10030863

TriangleMLS logo

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