tomo logo

$875,000

Beds
5
Baths
3.5
sq ft
3,925

4016 Forgotten Pond Avenue, Wake Forest, NC 27587

4016 Forgotten Pond Avenue

Wake Forest, NC 27587

  • 4 days on market
    • Open house Oct 06
Immaculately detailed in every way, it boasts beautiful wood floors throughout the entire first floor. With five spacious bedrooms, including one conveniently located on the first floor, this home offers ample space for family and guests. The open floor plan creates a welcoming flow, perfect for entertaining, while the sunroom off the breakfast area invites warmth and natural light. The large master bedroom serves as a peaceful retreat, complete with a huge walk-in closet outfitted with built-ins for convenience and luxury. Recent updates include fresh interior paint, a new oven (2022), a brand new water heater (2024), and a completely replaced HVAC system (2024). Additionally, the exterior of the home was freshly painted in 2021, ensuring it looks as good outside as it does inside. The fully finished third floor is a true bonus, featuring a recreation room, a half bath, a mini kitchenette, and a dedicated exercise room, offering flexibility for any lifestyle. Step outside to your own private oasis - a stunning in-ground pool surrounded by expansive decking, fencing, and impeccable landscaping, all completely secluded from the street. Heritage Neighborhood Amenities Enjoy tree-lined streets, sidewalks, a renowned golf course (with membership and fee), two neighborhood pools( with fee), playgrounds, greenways, a clubhouse, and tennis courts. Outdoor lovers will appreciate the peaceful fishing pond, access to public paved trails, and easy access to the community pool, just steps away from your door. With the convenience of nearby restaurants, grocery stores, and charming Historic Downtown Wake Forest just minutes away, you're never far from a variety of dining, shopping, and recreational activities. Major interstates are close by, putting you at the heart of everything this vibrant area has to offer.

Details

Property type

Single Family Residence

Est. home value

$811,339

Lot size

0.24 acres

Price per sq ft

$223

Year built

2010

Annual property taxes

$7,084.73

Monthly HOA fee

$31.67

Price History

10/01/2024
TriangleMLS

TriangleMLS #10055737

Listed
$875,000
+76.77%
10/19/2012
TriangleMLS

TriangleMLS #1837622

Sold
$495,000
+12.5%
05/27/2010
TriangleMLS

TriangleMLS #1745535

Sold
$440,000

Schools & Community

Elementary school: 

Wake - Jones Dairy

Middle school: 

Wake - Heritage

High school: 

Wake - Heritage

Community features: 

Clubhouse, Golf, Playground, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

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

$596,141
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$208,859
Cash to seller
$596,141

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

June 2016

Original loan amount

$253,999

Est. remaining balance

$208,859

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Robert Alan King

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: 10/05/2024 at 10:25 PM

Listing updated: 10/05/2024 at 6:36 AM

Listed by: Ashley Wilson DeWeese, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10055737

TriangleMLS logo

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