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$630,000

Beds
5
Baths
4.0
sq ft
3,013

1025 Traditions Ridge Drive, Wake Forest, NC 27587

1025 Traditions Ridge Drive

Wake Forest, NC 27587

  • 6 days on market
Discover the elegance of 1025 Traditional Ridge Drive in Wake Forest! Built in 2019, this beautifully crafted home seamlessly blends modern luxury with timeless charm. Featuring 5 spacious bedrooms and 4 full bathrooms, this residence offers a versatile layout, including a convenient main-level bedroom with an adjacent full bath—perfect for guests or multi-generational living. The main level boasts a cozy fireplace in the family room, creating a warm and inviting space for gatherings. Thoughtfully designed with Plantation Shutters, Custom Walk-In Closets, and a spacious Walk-In Pantry, this home includes all the upgrades you could desire. The gourmet kitchen, featuring granite countertops and a large island, is ideal for entertaining. A formal dining room adds a touch of sophistication, while the inviting front porch and screened-in back porch provide tranquil spots to unwind and enjoy views of the private fenced backyard—a true oasis. With a two-car garage, this home combines style and practicality. Don't miss your chance to own a like-new home filled with character and modern amenities. Schedule your private showing today and see firsthand why this 2019-built gem could be your perfect match!

Details

Property type

Single Family Residence

Est. home value

$623,049

Lot size

0.25 acres

Price per sq ft

$210

Year built

2019

Annual property taxes

$4,947.21

Monthly HOA fee

$80.5

Price History

11/15/2024
TriangleMLS

TriangleMLS #10063462

Listed
$630,000
+13.51%
12/16/2021
TriangleMLS

TriangleMLS #2416446

Sold
$555,000
+29.82%
10/09/2020
TriangleMLS

TriangleMLS #2296800

Sold
$427,500

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Clubhouse, Playground, Pool, Sidewalks, Street Lights

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

$91,486
Asking price
$630,000
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$488,114
Cash to seller
$91,486

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

December 2021

Original loan amount

$520,000

Est. remaining balance

$488,114

Interest rate

3.14%

Loan type

VA, 30 year

Seller

Charon Byrd and Sandra Byrd

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?

Status: Active

Tomo last checked: 11/21/2024 at 11:40 PM

Listing updated: 11/18/2024 at 5:26 AM

Listed by: Mark Elbourno, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10063462

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