tomo logo

$475,000

Beds
4
Baths
5.0
sq ft
3,023

1009 Bracken Court, Wake Forest, NC 27587

1009 Bracken Court

Wake Forest, NC 27587

  • 161 days on market
Welcome to your investment opportunity nestled on nearly 1 acre of land, offering a spacious 3000 sqft of living space in a prime location on the Raleigh side of Wake Forest. This property presents a remarkable investment opportunity. This meticulously maintained property boasts recent upgrades including three newly replaced HVAC systems and two water heaters within the last 3 years, ensuring comfort and efficiency for years to come. Additionally, the property features a unique layout with a separate entrance leading to a second master bedroom and kitchen area. Currently, the main house has been intelligently divided and rented out, with a total of 7 month-to-month tenants generating $4520 in monthly income. With no HOA restrictions, you have the flexibility to explore various options including Airbnb rental opportunities or remodeling to suit your investment goals. This expansive property offers versatility and functionality with two kitchen areas, ideal for maximizing rental income or creating a dedicated home office space. The upstairs office with a private outside entry provides added convenience and privacy. Step outside to discover the inviting backyard oasis featuring decks and a gazebo, perfect for attracting tenants or enjoying tranquil evenings under the stars. Situated in a cul-de-sac, the property offers both privacy and convenience, just minutes away from downtown Wake Forest, shopping centers, and schools. Don't miss out on the opportunity to make this incredible property a part of your investment portfolio. Schedule a tour today and envision the potential returns awaiting you in this desirable Wake Forest location!

Details

Property type

Single Family Residence

Est. home value

$524,542

Lot size

0.77 acres

Price per sq ft

$158

Year built

1982

Annual property taxes

$2,390.29

Price History

04/28/2024
TriangleMLS

TriangleMLS #10025866

Listed
$475,000
+176.16%
12/20/2000
TriangleMLS

TriangleMLS #571599

Sold
$172,000

Schools & Community

Elementary school: 

Wake - Forest Pines

Middle school: 

Wake - Wake Forest

High school: 

Wake - Heritage

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Americas Wholesale Lndr

Loan start date

July 2003

Original loan amount

$254,700

Est. remaining balance

$0

Interest rate

4.66%

Loan type

Not Provided, 15 year

Seller

Travis Bradshaw and L Danielle Bradshaw

Lender

Homeland Capital Group

Loan start date

March 2003

Original loan amount

$260,000

Est. remaining balance

Not provided

Interest rate

8.25%

Loan type

Not Provided, 30 year

Seller

Travis Bradshaw and L Daniele Bradshaw

Lender

Decision One Mtg Company Llc

Loan start date

April 2002

Original loan amount

$218,500

Est. remaining balance

Not provided

Interest rate

8.55%

Loan type

Not Provided, 30 year

Seller

Travis Bradshaw

Lender

National Bank Of Commerce

Loan start date

March 2001

Original loan amount

$34,580

Est. remaining balance

Not provided

Interest rate

6.6%

Loan type

Balloon, 15 year

Seller

Travis Bradshaw

Lender

Ctx Mtg

Loan start date

January 2001

Original loan amount

$138,320

Est. remaining balance

$0

Interest rate

7.35%

Loan type

Not Provided, 15 year

Seller

Travis Bradshaw

Lender

Ctx Mtg

Loan start date

December 2000

Original loan amount

$138,320

Est. remaining balance

$0

Interest rate

7.36%

Loan type

Not Provided, 16 year

Seller

Travis Bradshaw

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: 10/05/2024 at 8:55 PM

Listing updated: 08/23/2024 at 9:14 AM

Listed by: Youliang Qiu, Youliang Qiu Phone #: (352) 256-3203

MLS: TriangleMLS #10025866

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