tomo logo

$715,000

Beds
4
Baths
4.5
sq ft
3,785

198 Cedar Point Drive, Wallace, NC 28466

198 Cedar Point Drive

Wallace, NC 28466

  • 91 days on market
    • Price drop $24,000↓
Discover luxury and comfort in this beautifully remodeled home, nestled in the prestigious River Landing community. Set on two lots, this home offers sweeping water views and overlooks the serene #2 fairway, providing picturesque scenery from every window. The interior was completely remodeled in 2018, featuring a spacious main-level primary suite that serves as a private retreat. The suite boasts a spa-like bathroom with a subway-tiled shower, dual shower heads, double vanities, and a large walk-in closet. The open-concept chef's kitchen, complete with granite countertops, stainless steel appliances, and abundant storage, is perfect for culinary enthusiasts, all while offering captivating views of the water. Designed with both elegance and practicality, the home features two staircases. The front staircase leads to two additional bedrooms, a shared full bath, and a cozy office nook overlooking the den. The second staircase provides access to a versatile bonus room above the garage, ideal for a media room or extra guest space. Step outside to enjoy lush, meticulously maintained landscaping and relax on the covered back porch, where you can fully immerse yourself in the peaceful surroundings and stunning views. As a resident of River Landing, you'll enjoy exclusive access to top-tier amenities, including a championship golf course, clubhouse, fitness center, and scenic walking trails, offering resort-style living at your doorstep. This home offers the perfect balance of luxury, convenience, and community - a truly exceptional place to call home.

Details

Property type

Single Family Residence

Est. home value

$735,987

Lot size

0.73 acres

Price per sq ft

$189

Year built

2003

Annual property taxes

$3,584.38

HOA fee

$2,006

Price History

10/25/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467454

Price change
$715,000
-3.25%
10/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467454

Price change
$739,000
-1.34%
09/23/2024
NorthCarolinaRegional

NorthCarolinaRegional #100467454

Listed
$749,000
+4.76%

Schools & Community

Elementary school: 

Wallace

Middle school: 

Wallace

High school: 

Wallace-Rose Hill

Community features: 

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

$361,555
Asking price
$715,000
Closing costs (~8% of asking)
-$57,200
Est. remaining loan balance
-$296,245
Cash to seller
$361,555

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

Seller’s Loan History

Lender

Phh Mortgage Services Corp

Loan start date

June 2023

Original loan amount

$301,180

Est. remaining balance

$296,245

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Frank Charles Anemone and Maria Katherine Anemone

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: 12/22/2024 at 7:25 PM

Listing updated: 11/21/2024 at 9:52 AM

Listed by: Aspyre Realty Group, EXP Realty Phone #: (888) 584-9431

MLS: NorthCarolinaRegional #100467454

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