tomo logo

$1,575,000

Beds
4
Baths
4.5
sq ft
4,612

2357 Ballywater Lea Way, Wake Forest, NC 27587

2357 Ballywater Lea Way

Wake Forest, NC 27587

  • 54 days on market
    • Open house Nov 24
Welcome to Waterstone Manors, where luxury meets comfort and nature embraces your backyard. This meticulously crafted home is exceptional, designed to exceed expectations and is truly better than new construction. The main level open floor plan seamlessly flows amongst the family room, kitchen, primary suite, guest suite, and study. The kitchen is equipped with stainless steel Jenn Air appliances and features quartz countertops, custom cabinetry, tie backsplash, and center island. Don't miss the scullery pantry! The family room is highlighted by 10-foot ceilings with stained wood beams, a tiled gas log fireplace, and 16-foot sliding doors that leads to the screened porch with custom vaulted wood ceiling. The first floor primary suite has incredible views of the wooded lot. It is comfortable and luxurious, offering an ensuite bathroom with floating vanity, freestanding soaking tub, and tiled shower. The garage is sure to impress with custom touches throughout including the epoxy flooring, built-in cabinetry, hall tree, and golf bag and shoe storage with built-in bench seating. Upstairs, you'll find an expansive rec room with glass French doors, wet bar, an exercise/play room, and a second study, along with two spacious additional bedrooms. This pool ready lot along with it's unparalleled beauty and exquisite attention to detail is ready for you to call home. Welcome!

Details

Property type

Single Family Residence

Est. home value

$1,389,515

Lot size

0.92 acres

Price per sq ft

$342

Year built

2022

Annual property taxes

$8,762

Monthly HOA fee

$116.67

Price History

09/28/2024
TriangleMLS

TriangleMLS #10055353

Listed
$1,575,000
+12.5%
11/06/2023
TriangleMLS

TriangleMLS #2490065

Sold
$1,400,000

Schools & Community

Elementary school: 

Wake - North Forest

Middle school: 

Wake - Wakefield

High school: 

Wake - Wakefield

Community features: 

Street Lights

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

$904,386
Asking price
$1,575,000
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$544,614
Cash to seller
$904,386

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

Seller’s Loan History

Lender

North State Bank

Loan start date

November 2023

Original loan amount

$550,000

Est. remaining balance

$544,614

Interest rate

7.19%

Loan type

New Conventional, 30 year

Seller

Michael E Mcgrath and Karen J Mcgrath

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: 11/22/2024 at 6:10 AM

Listing updated: 11/19/2024 at 4:58 PM

Listed by: Christina C Valkanoff, Christina Valkanoff Realty Group Phone #: (919) 345-4538

MLS: TriangleMLS #10055353

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