tomo logo

$589,000

Beds
5
Baths
3.0
sq ft
2,894

1021 Traditions Meadow Drive, Wake Forest, NC 27587

1021 Traditions Meadow Drive

Wake Forest, NC 27587

  • 101 days on market
    • Price drop $10,000↓
MUST SEE! Brand new hardwood floors throughout the house! Fresh paint exterior and interior. Great floor plan with 4 bedrooms and a loft on the second floor plus a guestroom on the first floor. First Floor Study with French Doors. Formal Dining Room with Crown Molding, Chair Rail and Panel Molding. Primary Suite with Recessed Trey Ceiling and Oversized Primary Closet! Great location at Traditions! Walking Distance to Wake Forest Reservoir!

Details

Property type

Single Family Residence

Est. home value

$542,623

Lot size

7,840.8 sq ft

Price per sq ft

$204

Year built

2013

Annual property taxes

$5,206.53

Monthly HOA fee

$81

Price History

11/06/2024
TriangleMLS

TriangleMLS #10052127

Price change
$589,000
-1.67%
09/12/2024
TriangleMLS

TriangleMLS #10052127

Listed
$599,000

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Pool

Negotiation Insights

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

Seller could get up to

$312,707
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$229,173
Cash to seller
$312,707

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2017

Original loan amount

$270,000

Est. remaining balance

$229,173

Interest rate

4.17%

Loan type

New Conventional, 30 year

Seller

Bnlin Lin and Meixia Huang

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: 12/22/2024 at 11:05 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Cindy Phifer, Allen Tate/ Lake Royale Phone #: (252) 478-5608

MLS: TriangleMLS #10052127

TriangleMLS logo

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