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Back 5117 Echo Ridge Road
Off Market

5117 Echo Ridge Road

Raleigh NC 27612

3
3
1414 sq. ft.
1742.4 sq. ft.
Townhouse
Last sold for $266,650
Matt PerryMatt Perry, last sold this property on 19 July 2021 after -199 days on market.

Overview

LOCATION LOCATION LOCATION! Great investment opportunity with Tenant/Lease in place. Open Family Room includes FP, back patio access & flows into Dining Room. Large Kitchen features ample cabinetry & pantry. Oversize owners suite with privacy bath w/ dual sinks. 2 additional bedrooms. Convenient to lots of shopping and restaurants. Close to Umstead State Park with easy access to Glenwood Ave and major roads. Tenant/Lease in place until 11/15/2021 and new buyer will be taking over current lease terms.

Features

3 bedrooms
3 bathrooms
1414 sq. ft. floor area
1742.4 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Raleigh over the last 12 months, the estimated median property value of 5117 Echo Ridge Road is $487.5k.

Median value
$487.5k
Estimated value range
$290k - $1.22m
Median days on market
38
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Raleigh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5117 Echo Ridge Road

2022
Rented
Undisclosed
06 Oct 2022 by Tru Realty LLC
2021
Sold
$266,650
19 Jul 2021 by Matt Perry, of KELLER WILLIAMS ELITE REALTY
2009
Sold
$149,900
29 Oct 2009 by Jamie Thevaos, of Allen Tate/Raleigh-Falls Neuse

Happy sellers in Raleigh

87%
87% of sellers in Raleigh reported that their sale price either exceeded or met their price expectations.

Raleigh stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Raleigh over the last 12 months.

Local market activity for 3 bedroom townhouses in Raleigh

In the last 12 months, 114 three-bedroom townhouses similar to 5117 Echo Ridge Road, have been sold.

This represents a 7% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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MAYA GALLETTA

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