tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
2,495

1648 Forest Road, Wake Forest, NC 27587

1648 Forest Road

Wake Forest, NC 27587

  • 7 days on market
Perfectly positioned to enjoy all that Wake Forest has to offer, this home is designed for those who love both connection and outdoor living. With an expansive fenced yard, a welcoming porch, and a beautiful patio, you'll have endless space to savor each season. Inside, the open layout offers a seamless flow, ideal for upcoming holidays and gatherings with friends. The standout kitchen, crafted with style and practicality, is a true haven for cooking and entertaining. And with no HOA, you have the freedom to make this space truly your own. Every detail of 1648 Forest Road has been thoughtfully maintained, ready to greet its new owners with a warm, inviting feel. Embrace a lifestyle that blends comfort, charm, and possibility—this home is waiting to be part of your next chapter!

Details

Property type

Single Family Residence

Est. home value

$504,753

Lot size

0.3 acres

Price per sq ft

$221

Year built

2017

Annual property taxes

$5,045.6

Price History

11/14/2024
TriangleMLS

TriangleMLS #10063233

Listed
$550,000
+1.66%
06/16/2022
TriangleMLS

TriangleMLS #2439879

Sold
$541,000
+66.46%
05/25/2018
TriangleMLS

TriangleMLS #2171950

Sold
$325,000

Schools & Community

Elementary school: 

Wake - Forest Pines

Middle school: 

Wake - Wake Forest

High school: 

Wake - Heritage

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

$234,007
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$271,993
Cash to seller
$234,007

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

May 2018

Original loan amount

$308,750

Est. remaining balance

$271,993

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Elliot K Walker and Mariana Lynne Reebel

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?

Similar Homes Nearby

Price drop
TriangleMLS
$525,000
3 bd
|
2.5 ba
|
2,465 sq ft
|
House

324 Levi Lane, Wake Forest, NC 27587

TriangleMLS
$575,000
4 bd
|
2.5 ba
|
3,022 sq ft
|
House

9104 Linslade Way, Wake Forest, NC 27587

Price drop
TriangleMLS
$474,900
3 bd
|
2.5 ba
|
2,450 sq ft
|
House

8617 Barrett Hall Lane, Wake Forest, NC 27587

Status: Active

Tomo last checked: 11/21/2024 at 11:50 PM

Listing updated: 11/15/2024 at 2:16 PM

Listed by: Erica Jevons Sizemore, Keller Williams Realty Phone #: (919) 676-0600

MLS: TriangleMLS #10063233

TriangleMLS logo

Recently listed in Wake Forest