tomo logo

$499,000

Beds
4
Baths
3.0
sq ft
1,948

8704 Springhouse Lane, Raleigh, NC 27617

8704 Springhouse Lane

Raleigh, NC 27617

  • 33 days on market
    • Price drop $16,000↓
Rare opportunity to scoop up this amazing floorplan in coveted NW Raleigh with top rated schools. The primary and a guest bedroom are on the main floor with two full bathrooms down. There is also an office with french doors on the main floor. Enjoy an open floorplan where it counts with the kitchen, family room and dining room. Want to dine or hang out al fresco? Enjoy the three seasons room and the completely private wooded backyard. The home is situated on a culdesac and is tucked away in a quiet neighborhood but only 5 minutes from 2 grocery stores and 540, less than 10 minutes from Brier Creek and RDU, less than 15 minutes to RTP, less than 20 minutes to North Hills, and less than 30 minutes to downtown Raleigh. Rather be in nature? Umstead Park is 5 minutes away and Lakes Lynn and Shelly (resident eagles!) are 15 minutes away. Craft brews your thing? Lone Rider is 5 min away and Gizmo just 7. The home features a newer 50 year roof!

Details

Property type

Single Family Residence

Est. home value

$488,724

Lot size

0.33 acres

Price per sq ft

$257

Year built

1998

Annual property taxes

$3,698.24

Monthly HOA fee

$20.83

Price History

06/11/2024
TriangleMLS

TriangleMLS #10032965

Price change
$499,000
-3.11%
06/01/2024
TriangleMLS

TriangleMLS #10032965

Listed
$515,000
+70.53%
12/01/2017
TriangleMLS

TriangleMLS #2139581

Sold
$302,000

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake - Leesville Road

Middle school: 

Wake - Leesville Road

High school: 

Wake - Leesville Road

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

$217,671
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$241,409
Cash to seller
$217,671

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

April 2020

Original loan amount

$264,514

Est. remaining balance

$241,409

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Jenine N Pearson and Jonathan S Weinstein

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: 07/04/2024 at 11:05 PM

Listing updated: 07/01/2024 at 3:54 AM

Listed by: Kelli J Kaspar, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #10032965

TriangleMLS logo

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