tomo logo

$375,000

Beds
3
Baths
2.5
sq ft
2,137

1110 Fairway Villas Drive, Wake Forest, NC 27587

1110 Fairway Villas Drive

Wake Forest, NC 27587

  • 135 days on market
    • Price drop $15,000↓
Beautiful townhouse perfectly situated in Wake Forest. Conveniently located off US-1 just minutes from charming downtown Wake Forest. Only 35 min. to downtown Raleigh. Come home to a 3 bedroom 2 1/2 bath home with an open floor plan that boasts 2 story ceilings in the main living area.

Details

Property type

Townhouse

Est. home value

$359,034

Lot size

3,484.8 sq ft

Price per sq ft

$176

Year built

2001

Annual property taxes

$2,897.11

Monthly HOA fee

$256

Price History

11/04/2024
TriangleMLS

TriangleMLS #10040046

Listed
$375,000
11/02/2024
TriangleMLS

TriangleMLS #10040046

Removed
$375,000
10/20/2024
TriangleMLS

TriangleMLS #10040046

Price change
$375,000
-3.85%

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

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

$283,597
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$61,403
Cash to seller
$283,597

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

Seller’s Loan History

Lender

Towne Mortgage Of The Carolinas

Loan start date

May 2011

Original loan amount

$85,000

Est. remaining balance

$61,403

Interest rate

4.91%

Loan type

New Conventional, 30 year

Seller

Joseph G Rousseau and Cheryll E Rousseau

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 6:20 AM

Listing updated: 11/04/2024 at 3:15 PM

Listed by: Laura Steele, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10040046

TriangleMLS logo

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