Colonial home in Raleigh, NC
This 2,810-square-foot Colonial home in Raleigh, NC includes 4 bedrooms and 2.5 bathrooms. The Colonial styling carries through the home's design.
| Price | $699,000 |
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| Beds | 4 |
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| Baths | 2.5 |
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| Sqft | 2810 |
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| Architectural style | Colonial (31% match) |
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| Address | 8505 Bluff Pointe Ct, Raleigh, NC 27615 |
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Why buy this home
- Confirmed Colonial architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced in line with the area.
- The median for 248 similar Colonial homes in Raleigh, NC is $699K.
- That works out to $249 per square foot, 1% above the $247 comparable rate.
- On the market 23 days.
| This home | $699,000 |
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| Colonial median in Raleigh, NC | $699,106 (248 homes) |
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| Price per sq ft | $249 vs. $247 comps median |
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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 $4,566/month with 20% down at a 7.28% 30-year fixed rate. You would need about $195,681 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,826/mo |
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| Property tax (new-buyer reassessed rate) | $478/mo |
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| Homeowners insurance | $262/mo |
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| Total monthly | $4,566/mo |
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| Down payment (20%) | $139,800 |
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| Income needed | $195,681/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+ (61 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+ (61/100) |
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| Beats renting in | 13% of modeled paths |
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| Modeled 5-yr equity (median) | $322,903 |
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| Range (10th to 90th pct) | $186,333 to $486,826 |
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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