Cottage / Storybook home in Raleigh, NC
Set in Raleigh, NC, this Cottage home provides 6 bedrooms and 5 bathrooms across 4,372 square feet. Standout details include deck / patio and fireplace. The Cottage styling carries through the home's design.
| Price | $820,000 |
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| Beds | 6 |
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| Baths | 5 |
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| Sqft | 4372 |
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| Architectural style | Cottage / Storybook (41% match) |
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| Address | 1412 Savannah Oaks Way, Raleigh, NC 27614 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, fireplace.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $820K, this home is 37% above the $599K median for 333 similar Cottage / Storybook homes in Raleigh, NC.
- That works out to $188 per square foot, 34% below the $287 comparable rate.
- On the market 24 days.
| This home | $820,000 |
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| Cottage / Storybook median in Raleigh, NC | $599,000 (333 homes) |
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| Price per sq ft | $188 vs. $287 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 $5,356/month with 20% down at a 7.28% 30-year fixed rate. You would need about $229,554 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,488/mo |
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| Property tax (new-buyer reassessed rate) | $560/mo |
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| Homeowners insurance | $307/mo |
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| Total monthly | $5,356/mo |
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| Down payment (20%) | $164,000 |
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| Income needed | $229,554/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 | 11% of modeled paths |
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| Modeled 5-yr equity (median) | $364,045 |
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| Range (10th to 90th pct) | $211,569 to $557,510 |
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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 Estately