tomo logo

$485,000

Beds
4
Baths
3.0
sq ft
2,593

401 Newquay Lane, Wake Forest, NC 27587

401 Newquay Lane

Wake Forest, NC 27587

  • 5 days on market
Location, Trees & Cul-de-sac lot, Oh My! Welcome Home to 401 Newquay Lane, Wake Forests newest listing that has everything you've been looking for! A wooded lot at the end of a cul-de-sac in a neighborhood that is close to Joyner Park & Downtown Wake Forest! This beauty has new hardwood floors in the main living spaces on the first floor. New granite countertops in the kitchen, stainless appliances, new light fixtures and refreshed paint! Move right on in just in time to enjoy the expansive screened in porch over looking the creek behind the home! First floor guest suite, full bath and office make it easy to work from home and host out of town guests! Upstairs you will find two spacious secondary bedrooms both with bright windows and gleaming hardwood floors. The primary suite over looks the back yard with a tray ceiling and en-suite bath perfect to enjoy a spa day in! Second floor laundry with washer & dryer, is the perfect location to make everyone's least favorite chore a little more manageable. There is a professionally finished bonus room off the laundry room with a half bath. This space was finished by the previous owners and a permit could not be located by the current sellers. The bonus room is approximately 401 square feet, that has been added to the total square footage in the listing but has not been permitted, so this bonus room really is a bonus! A new roof in 2022, one of the two HVACs new from 2019, and a tankless water heater round out some amazing amenities this home has to offer! Schedule your tour today and be all moved in to enjoy summer BBQs on the back deck! *Home Total Square feet is 2593. 2192 permitted space from original build and 401 unpermitted bonus room finished by pervious owner.**

Details

Property type

Single Family Residence

Est. home value

$479,255

Lot size

0.57 acres

Price per sq ft

$188

Year built

2002

Annual property taxes

$4,384.95

Price History

03/26/2025
TriangleMLS

TriangleMLS #10084843

Listed
$485,000
-2.98%
03/08/2025
TriangleMLS

TriangleMLS #10060125

Removed
$499,900
01/23/2025
TriangleMLS

TriangleMLS #10060125

Price change
$499,900
-1.98%

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Joco Investors Llc

Loan start date

July 2022

Original loan amount

$104,175

Est. remaining balance

$0

Interest rate

5.09%

Loan type

Not Provided, 2 year

Seller

Kenneth A Klingborg

Lender

Fifth Third Mortgage Co

Loan start date

July 2014

Original loan amount

$202,200

Est. remaining balance

Not provided

Interest rate

3.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Kenneth Klingborg

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: 03/31/2025 at 7:05 PM

Listing updated: 03/28/2025 at 1:22 PM

Listed by: Allison Turnbaugh, Property Specific, LLC Phone #: (919) 307-7767

MLS: TriangleMLS #10084843

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