tomo logo

$469,950

Beds
3
Baths
2.5
sq ft
2,648

1516 Lake Louise Lane, Fuquay Varina, NC 27526

1516 Lake Louise Lane

Fuquay Varina, NC 27526

  • 66 days on market
    • Price drop $4,550↓
Wonderful home with new carpet and interior paint in popular subdivision. First floor office/flex room. Spacious Master bedroom suite. Large loft. High ceilings and large windows. Open floor plan. Two-car garage. Cul-de-sac location gives lots of space between homes. Community pool and play equipment. Convenient to food, recreation, and services. Put this one on your list!

Details

Property type

Single Family Residence

Est. home value

$443,325

Lot size

0.25 acres

Price per sq ft

$178

Year built

2013

Annual property taxes

$3,210.33

Monthly HOA fee

$50.83

Price History

07/05/2024
TriangleMLS

TriangleMLS #10026969

Price change
$469,950
-0.96%
06/28/2024
TriangleMLS

TriangleMLS #10026969

Price change
$474,500
-0.11%
06/19/2024
TriangleMLS

TriangleMLS #10026969

Price change
$475,000
-1.64%

Schools & Community

Elementary school: 

Wake - Fuquay Varina

Middle school: 

Wake - Fuquay Varina

High school: 

Wake - Willow Spring

Community features: 

Playground, Pool

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

$201,298
Asking price
$469,950
Closing costs (~8% of asking)
-$37,596
Est. remaining loan balance
-$231,056
Cash to seller
$201,298

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

Seller’s Loan History

Lender

George Mason Mortgage Llc

Loan start date

June 2020

Original loan amount

$252,000

Est. remaining balance

$231,056

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Mohamed E Elsayed and Christina Elsayed

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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6009 Tundra Lane, Fuquay Varina, NC 27526

Status: Active

Tomo last checked: 07/07/2024 at 9:25 PM

Listing updated: 07/05/2024 at 7:23 PM

Listed by: Paul F Folmsbee, RE/MAX One Hundred Phone #: (919) 296-1002

MLS: TriangleMLS #10026969

TriangleMLS logo

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