tomo logo

$350,000

Beds
2
Baths
2.5
sq ft
876

1500 River Mill Drive Unit 110, Wake Forest, NC 27587

1500 River Mill Drive Unit 110

Wake Forest, NC 27587

  • 118 days on market
Stunning hidden gem on the Neuse River! This recently renovated condo boasts an open floor plan, perfect for entertaining. The living area features an exposed stone wall and wood beams, adding a touch of character. The newly updated kitchen features stainless steel appliances, tile backsplash, and quartz countertops - a chef's dream! A unique spiral staircase leads to the second floor, where you will find 2 bedrooms and 2 bathrooms. Outdoor living doesn't disappoint either! Enjoy your morning coffee in your private fenced-in courtyard, a peaceful retreat right outside your door. Additional highlights include: Freshly painted walls and new light fixtures throughout. A vibrant community with access to a community garden, walking trails, and a charming gazebo. Walking distance to Falls Lake, offering endless opportunities for recreation! Convenience of two designated parking spots per unit.

Details

Property type

Condominium

Est. home value

$238,003

Lot size

435.6 sq ft

Price per sq ft

$400

Year built

1854

Annual property taxes

$1,379

Monthly HOA fee

$413.04

Price History

07/10/2024
TriangleMLS

TriangleMLS #10040313

Listed
$350,000
+7.69%
12/08/2023
TriangleMLS

TriangleMLS #2542065

Sold
$325,000
+238.54%
01/14/2000
TriangleMLS

TriangleMLS #532184

Sold
$96,000

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

State Employees Cu

Loan start date

October 2017

Original loan amount

$140,000

Est. remaining balance

$46,607

Interest rate

3.08%

Loan type

New Conventional, 10 year

Seller

James Shern

Lender

Branch Banking And Trust Co

Loan start date

October 2008

Original loan amount

$29,000

Est. remaining balance

Not provided

Interest rate

5.97%

Loan type

Credit Line (Revolving), 15 year

Seller

James F Shern and Ruby Farris Shern

Lender

State Employees Cu

Loan start date

July 2003

Original loan amount

$99,200

Est. remaining balance

$46,347

Interest rate

5.45%

Loan type

Not Provided, 30 year

Seller

James F Shern

Lender

Usaa Fsb

Loan start date

June 2002

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.78%

Loan type

Credit Line (Revolving), 20 year

Seller

James F Shern and James Shern

Lender

Charter One Mtg Corp

Loan start date

January 2000

Original loan amount

$81,600

Est. remaining balance

$30,179

Interest rate

7.75%

Loan type

Not Provided, 30 year

Seller

James Shern

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: 11/05/2024 at 7:00 PM

Listing updated: 10/20/2024 at 2:01 PM

Listed by: Donna L Kunath, Intracoastal Realty Corp Phone #: (910) 509-9700

MLS: TriangleMLS #10040313

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