tomo logo

$750,000

Beds
4
Baths
4.0
sq ft
5,179

246 River Ridge Drive, Wallace, NC 28466

246 River Ridge Drive

Wallace, NC 28466

  • 307 days on market
    • Price drop $45,000↓
Exquisite and stately brick home in River Landing provides spacious living and endless opportunities to enjoy all this community has to offer. From the elegant foyer with sweeping two-story curved staircase, you are welcomed into over 5,100 square feet of living space. Features include hardwood floors throughout the downstairs, living and family room with fireplaces & built-ins, formal dining room, kitchen with gas stove, large island, wet bar & room for everyone to gather. Kitchen opens onto a large sunroom overlooking the 15th fairway of the River Course, an 18-hole championship golf course. The large downstairs primary bedroom & ensuite is a true retreat with Jacuzzi, double vanities, and large walk-in closet. Upstairs are three additional bedrooms, two full baths and a room over the garage with additional staircase. This home has unbelievable storage space throughout including floored and insulated walk-in attics and closets. Lots of windows with plantation shutters provide an abundance of natural light. The sunny laundry room features a sink and built-in cabinets. This gorgeous William E. Poole designed home is sure to impress.

Details

Property type

Single Family Residence

Est. home value

$760,591

Lot size

0.57 acres

Price per sq ft

$145

Year built

1998

Annual property taxes

$5,000.9

HOA fee

$2,006

Price History

10/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100428454

Price change
$750,000
-5.66%
06/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100428454

Price change
$795,000
06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100005047

Removed

Schools & Community

Elementary school: 

Wallace

Middle school: 

Wallace

High school: 

Wallace-Rose Hill

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

$453,070
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$236,930
Cash to seller
$453,070

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

March 2022

Original loan amount

$250,000

Est. remaining balance

$236,930

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

James E Holladay and Elizabeth P Holladay

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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234 River Ridge Drive, Wallace, NC 28466

Status: Active

Tomo last checked: 12/22/2024 at 11:15 PM

Listing updated: 10/07/2024 at 9:27 AM

Listed by: Jane Elmore, Coldwell Banker Sea Coast Advantage Phone #: (910) 799-3435

MLS: NorthCarolinaRegional #100428454

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