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$625,000

Beds
3
Baths
2.5
sq ft
2,632

1025 Aquaduct Drive, Wake Forest, NC 27587

1025 Aquaduct Drive

Wake Forest, NC 27587

  • 28 days on market
Nestled at the end of a quiet cul-de-sac and down a long, winding driveway, this charming 1.5-story home offers unmatched privacy on a beautiful 2.5-acre lot surrounded by trees and mature landscaping. A welcoming rocking-chair front porch sets the scene for enjoying peaceful mornings with a cup of coffee or relaxing evenings with a glass of wine. With no HOA restrictions, the possibilities are endless—plenty of space for gardening, chicken coop (already present) or for your boat or RV storage. The outdoor firepit area and a spacious deck perfect for entertaining friends and family. Inside, the family room boasts vaulted ceilings and large windows that flood the space with natural light. The first floor features a primary suite and convenient laundry room. Upstairs you'll find two generously-sized bedrooms with walk-in closets, a full bath and a bonus room. An oversized two-car garage includes a staircase leading to a versatile bonus room, which can also be accessed from the second floor. Notable updates include a new roof (2021), high-efficiency water heater (2022), two new HVAC units (2022) and a remodeled primary bathroom (2022). Ideally located just north of Falls Lake, this home offers both seclusion and easy access to nearby amenities.

Details

Property type

Single Family Residence

Est. home value

$588,738

Lot size

2.53 acres

Price per sq ft

$238

Year built

1995

Annual property taxes

$3,588

Price History

10/24/2024
TriangleMLS

TriangleMLS #10059897

Listed
$625,000
+2.29%
05/12/2022
TriangleMLS

TriangleMLS #2441206

Sold
$611,000
+75.07%
08/31/2017
TriangleMLS

TriangleMLS #2142683

Sold
$349,000

Schools & Community

Elementary school: 

Wake - Pleasant Union

Middle school: 

Wake - Wakefield

High school: 

Wake - Wakefield

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

$44,715
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$530,285
Cash to seller
$44,715

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

May 2022

Original loan amount

$554,800

Est. remaining balance

$530,285

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Hans Umana and Selah Noel Umana

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: 11/22/2024 at 5:55 AM

Listing updated: 10/25/2024 at 2:01 PM

Listed by: Mollie W Owen, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10059897

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