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$395,000

Beds
3
Baths
2.5
sq ft
2,210

12172 Old Falls Of Neuse Road, Wake Forest, NC 27587

12172 Old Falls Of Neuse Road

Wake Forest, NC 27587

  • 156 days on market
    • Price drop $5,000↓
This Wake County home's structure (circa 1920) was taken ''back to the studs'' in 2002 and the +/- 860sqft. left wing was added. The Living Room features original hardwood floors. a gas log fireplace w/custom mantle and is flanked by front and rear halls, opening the flow between the 1st floor Owners Suite and primary living areas, and convenient to Dining Room and Office. Upstairs, there are 2 additional Bedrooms, full Bath and Bonus area. With an abundance of storage inside, you'll have even more with the 8x12 ft. shed and ''root cellar.'' Rock to your own rhythm on the front porch or soak up the rays on either of your 2 Decks. When in season, juicy peaches and NC native grapes from your own tree and vines, await your pleasure. Seller is a licensed NC Real Estate Broker

Details

Property type

Single Family Residence

Est. home value

$400,763

Property condition

Updated/Remodeled

Lot size

0.37 acres

Price per sq ft

$179

Year built

1920

Annual property taxes

$1,382

Price History

07/01/2024
TriangleMLS

TriangleMLS #10009596

Price change
$395,000
-1.25%
07/01/2024
TriangleMLS

TriangleMLS #10009596

Removed
$400,000
03/12/2024
TriangleMLS

TriangleMLS #10009596

Price change
$400,000
-2.42%

Schools & Community

Elementary school: 

Wake - Wakefield

Middle school: 

Wake - Wakefield

High school: 

Wake - Wakefield

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Encore Credit Corp

Loan start date

December 2005

Original loan amount

$226,500

Est. remaining balance

Not provided

Interest rate

6.1%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Timothy Devon Blackmon and Kelli Minor Blackmon

Lender

National City Mtg Co

Loan start date

July 2002

Original loan amount

$157,881

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

FHA, 30 year

Seller

Timothy Devon Blackmon and Kelli Minor Blackmon

Lender

Prestar Mtg Inc

Loan start date

March 2002

Original loan amount

$157,883

Est. remaining balance

$75,329

Interest rate

7.02%

Loan type

FHA, 30 year

Seller

Timothy D Blackmon and Kelli M Blackmon

Lender

North American Mtg

Loan start date

December 2001

Original loan amount

$128,800

Est. remaining balance

$58,430

Interest rate

6.64%

Loan type

Not Provided, 30 year

Seller

Timothy D Blackmon and Kelli Blackmon

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: 07/07/2024 at 7:15 PM

Listing updated: 07/02/2024 at 11:43 AM

Listed by: Lewis Grubbs, Coldwell Banker Advantage Hend Phone #: (252) 431-6250

MLS: TriangleMLS #10009596

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