tomo logo

$275,000

Beds
3
Baths
1.0
sq ft
1,265

116 Lakewood Drive, Wendell, NC 27591

116 Lakewood Drive

Wendell, NC 27591

  • 1 day on market
Charming one-story home and move in ready- Walking distance to Downtown Wendell! This inviting home offers convenient main-level living with a bright and spacious living room, a large kitchen with plenty of room to cook, and so much more. Featuring beautiful hardwoods, new carpet, TONS of natural light, and a separate laundry room for added functionality. Outside, you'll find a generous yard—partially fenced for privacy—along with ample exterior storage. Parking is a breeze with both a spacious carport and extensive driveway. As an added bonus- Appliances convey! Enjoy all that Downtown Wendell has to offer. Conveniently located close to schools, highways, healthcare, shopping, breweries, restaurants, and so much more!

Details

Property type

Single Family Residence

Est. home value

$264,883

Lot size

0.49 acres

Price per sq ft

$218

Year built

1962

Annual property taxes

$2,580.55

Price History

04/03/2025
TriangleMLS

TriangleMLS #10086793

Listed
$275,000
+66.67%
12/15/2020
TriangleMLS

TriangleMLS #2354327

Sold
$165,000

Schools & Community

Elementary school: 

Wake - Zebulon

Middle school: 

Wake - Zebulon

High school: 

Wake - East Wake

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

$160,525
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$92,475
Cash to seller
$160,525

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

December 2020

Original loan amount

$102,300

Est. remaining balance

$92,475

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Irene Borthwick Watson

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: 04/05/2025 at 7:10 AM

Listing updated: 04/04/2025 at 4:12 PM

Listed by: Devin Sullivan, Costello Real Estate & Investm Phone #: (980) 938-8920

MLS: TriangleMLS #10086793

TriangleMLS logo

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