home in Raleigh, NC
This home in Raleigh, NC offers 4 bedrooms and 4.5 bathrooms across 5,556 square feet.
| Price | $2,795,000 |
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| Beds | 4 |
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| Baths | 4.5 |
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| Sqft | 5556 |
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| Address | 1625 Morning Mountain Rd, Raleigh, NC 27614 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- New to market (5 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $18,257/month with 20% down at a 7.28% 30-year fixed rate. You would need about $782,444 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $15,299/mo |
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| Property tax (new-buyer reassessed rate) | $1,910/mo |
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| Homeowners insurance | $1,048/mo |
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| Total monthly | $18,257/mo |
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| Down payment (20%) | $559,000 |
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| Income needed | $782,444/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (59 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (59/100) |
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| Beats renting in | 10% of modeled paths |
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| Modeled 5-yr equity (median) | $1,244,076 |
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| Range (10th to 90th pct) | $712,385 to $1,881,449 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Raleigh, NC where local data is thin.
Local home values
Typical home values in Raleigh, NC have risen about 19% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia