tomo logo

$994,000

Beds
5
Baths
4.5
sq ft
5,264

1104 Fanning Drive, Wake Forest, NC 27587

1104 Fanning Drive

Wake Forest, NC 27587

  • 1 day on market
Welcome to this RARE BASEMENT CUSTOM HOME on a cul-de-sac lot located in award-winning Heritage at Wake Forest! Bright & sunny, open floorplan features TWO staircases! Stunning gourmet kitchen w/ BRAND NEW backsplash, updated light fixtures, granite counters, upgraded cherry cabinets, large pantry, stainless steel appliances & spacious breakfast room! The gorgeous stone fireplace is the center of the large family room that is bursting with natural light through the custom plantation shutters! Formal living room/office, formal dining room, AND guest bedroom complete the main level! The expansive primary suite won't disappoint with its large walk-in shower, soaking tub & double vanity. Three additional bedrooms, two additional full baths, AND a large bonus room complete the 2nd floor! HUGE FINISHED walk-out basement stuns with a custom built-in bar, full bathroom & brand-new carpet! Hot water heater replaced in 2025! Enjoy the large private lot from the open-air deck with Trex decking or take in the cozy summer nights on the backyard paver patio under the lights!! Come home to this custom beauty & enjoy the endless entertaining possibilities!

Details

Property type

Single Family Residence

Est. home value

$916,648

Lot size

0.36 acres

Price per sq ft

$189

Year built

2007

Annual property taxes

$7,446

Monthly HOA fee

$23.75

Price History

03/07/2025
TriangleMLS

TriangleMLS #10080978

Listed
$994,000
+88.61%
06/16/2011
TriangleMLS

TriangleMLS #1755810

Sold
$527,000

Schools & Community

Elementary school: 

Wake - Heritage

Middle school: 

Wake - Heritage

High school: 

Wake - Heritage

Community features: 

Golf

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

$742,131
Asking price
$994,000
Closing costs (~8% of asking)
-$79,520
Est. remaining loan balance
-$172,349
Cash to seller
$742,131

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

November 2019

Original loan amount

$245,500

Est. remaining balance

$172,349

Interest rate

3.14%

Loan type

New Conventional, 15 year

Seller

John W Collins Jr and Donna J Collins

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: 03/09/2025 at 10:40 AM

Listing updated: 03/07/2025 at 9:26 PM

Listed by: Mary Smyth, RE/MAX Capital Phone #: (919) 758-8817

MLS: TriangleMLS #10080978

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