tomo logo

$628,500

Beds
3
Baths
2.5
sq ft
2,441

2725 Penfold Lane, Wake Forest, NC 27587

2725 Penfold Lane

Wake Forest, NC 27587

  • 35 days on market
    • Price drop $6,500↓
Enter this stunning 3-bedroom home, you're immediately greeted by a bright, open space that feels both welcoming and elegant. Just off the entryway, you'll find the impressive first-floor primary suite, a true retreat. It boasts a spacious walk-in closet, perfect for all your wardrobe needs, and a luxurious en-suite bathroom complete with a soaking tub for ultimate relaxation, along with sleek dual vanities. Moving further into the home, the open-concept main level unfolds, with an upgraded kitchen on your left, outfitted with stainless steel appliances. It's a chef's dream! Conveniently pass through the butler's pantry into a formal dining room ideal for hosting family dinners or celebrations, making this home an entertainer's paradise! As you walk into the living area, you can't help but notice the soaring vaulted ceilings and an abundance of natural light streaming through the windows. A cozy gas fireplace anchors the room, providing warmth and ambiance. From here, you'll catch glimpses of the beautiful wooded backyard. Step outside onto the spacious deck with newly installed gazebo, where you're greeted by the serene, tree-lined view. It's the perfect spot to relax or entertain, offering a peaceful backdrop for outdoor living. Upstairs, you'll find additional bedrooms and a versatile bonus room, offering space for a home office, playroom, or guest suite. Though you feel tucked away in this tranquil setting, you're just minutes from all the conveniences of Wake Forest close to shopping, dining, parks and excellent schools. Make 2725 Penfold Lane your forever home!

Details

Property type

Single Family Residence

Est. home value

$608,110

Property condition

Updated/Remodeled

Lot size

0.47 acres

Price per sq ft

$258

Year built

2001

Annual property taxes

$5,249

Monthly HOA fee

$25

Price History

12/05/2024
TriangleMLS

TriangleMLS #10063710

Price change
$628,500
-1.02%
11/16/2024
TriangleMLS

TriangleMLS #10056524

Removed
$635,000
11/16/2024
TriangleMLS

TriangleMLS #10063710

Listed
$635,000

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

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

$293,363
Asking price
$628,500
Closing costs (~8% of asking)
-$50,280
Est. remaining loan balance
-$284,857
Cash to seller
$293,363

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

Seller’s Loan History

Lender

Southern Trust Mortgage Llc

Loan start date

November 2023

Original loan amount

$298,000

Est. remaining balance

$284,857

Interest rate

6.54%

Loan type

New Conventional, 15 year

Seller

Anthony Haywood and Laura J Haywood

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 9:40 AM

Listing updated: 12/18/2024 at 1:56 PM

Listed by: Lori Marie Hill, LPT Realty, LLC Phone #: (919) 376-7193

MLS: TriangleMLS #10063710

TriangleMLS logo

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