tomo logo

$450,000

Beds
3
Baths
2.5
sq ft
2,185

416 Stone Monument Drive, Wake Forest, NC 27587

416 Stone Monument Drive

Wake Forest, NC 27587

  • 116 days on market
    • Price drop $10,000↓
This fantastic home in Wake Forest offers the perfect blend of comfort and convenience. As you enter through the two-story foyer, you'll be greeted by an abundance of natural light. The open-concept living room and kitchen create an ideal space for hosting and entertaining. The sliding glass door opens to a cozy screened porch and deck that overlooks a private wooded backyard, perfect for relaxation and outdoor gatherings. The main floor features a large primary bedroom with an ensuite spa-like bath, including a curb-less shower entry for easy access. Upstairs, you'll find two generously sized secondary bedrooms, a hall bath, and a versatile flex room that can serve as a bonus room, office, or even a fourth bedroom. This home is conveniently located just minutes from downtown Wake Forest, schools, shopping, restaurants, and more, making it an excellent choice for a comfortable and accessible lifestyle.

Details

Property type

Single Family Residence

Est. home value

$432,490

Lot size

0.26 acres

Price per sq ft

$206

Year built

2004

Annual property taxes

$4,353

Monthly HOA fee

$13.33

Price History

12/04/2024
TriangleMLS

TriangleMLS #10049321

Price change
$450,000
-2.17%
10/08/2024
TriangleMLS

TriangleMLS #10049321

Price change
$460,000
-2.13%
08/28/2024
TriangleMLS

TriangleMLS #10049321

Listed
$470,000
+92.62%

Schools & Community

Elementary school: 

Wake - Forest Pines

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

$403,100
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$10,900
Cash to seller
$403,100

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

Seller’s Loan History

Lender

Homeowners Mortgage Enterprises Inc

Loan start date

September 2010

Original loan amount

$167,000

Est. remaining balance

$10,900

Interest rate

3.95%

Loan type

New Conventional, 15 year

Seller

David Warren Bolick and Joan Mcclendon Bolick

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 10:55 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Kelly Cox, Fonville Morisey/Wake Forest S Phone #: (919) 229-2010

MLS: TriangleMLS #10049321

TriangleMLS logo

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