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$265,000

Beds
2
Baths
2.0
sq ft
1,108

305 Forest Lane, Wendell, NC 27591

305 Forest Lane

Wendell, NC 27591

  • 22 days on market
MOVE-IN READY Ranch with fresh paint on a Spacious Corner Lot! This one-level gem boasts recent big-ticket updates, including a roof, HVAC, and water heater, plus fresh interior paint throughout. The baths feature updated LVP flooring, adding a modern touch. The classic wood-burning fireplace and beautiful parquet floors bring warmth and character to the family room. Step out onto the deck overlooking a huge backyard complete with a storage shed—perfect for outdoor living! With no HOA fees and easy access to HWY 64/264 Bypass, you're just 15 minutes from downtown Raleigh. Located near downtown Wendell, enjoy local dining, shopping, parks, and community events like the popular Wendell Falls Farmhouse and the Wendell Harvest Festival, all adding to the neighborhood charm.

Details

Property type

Single Family Residence

Est. home value

$265,259

Lot size

0.36 acres

Price per sq ft

$240

Year built

1985

Annual property taxes

$2,692

Price History

10/31/2024
TriangleMLS

TriangleMLS #10061022

Listed
$265,000
+152.38%
08/27/2015
TriangleMLS

TriangleMLS #2016304

Sold
$105,000

Schools & Community

Elementary school: 

Wake - Wendell

Middle school: 

Wake - Wendell

High school: 

Wake - East Wake

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

$160,298
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$83,502
Cash to seller
$160,298

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

August 2015

Original loan amount

$103,098

Est. remaining balance

$83,502

Interest rate

4.04%

Loan type

FHA, 30 year

Seller

Jesus Antonio Valladares and Graciela Valladares

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 6:00 PM

Listing updated: 11/11/2024 at 3:31 PM

Listed by: Naomi Richardson, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10061022

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