tomo logo

$380,000

Beds
3
Baths
2.5
sq ft
1,815

420 Retreat Lane, Wake Forest, NC 27587

420 Retreat Lane

Wake Forest, NC 27587

  • 17 days on market
Fantastic END UNIT, ORIGINAL Owner and Former MODEL townhome in desirable TRADITIONS community! Offering 3 BR's, 2.5 BA's, large Foyer w/Drop Zone area, Kitchen w/Granite/Pantry, Family Room w/Fireplace/Gas Logs, Primary BR w/Tray ceiling/WIC, Primary Bath w/Double Vanity/Ceramic/Sep Water Closet, Patio, and attached 2 car garage(Plumbed). Features include hardwoods throughout 1st floor including stairs/landing, Surround sound/Smart house, Tankless Water Heater, and just steps away from the Community Pool.

Details

Property type

Townhouse

Est. home value

$364,193

Property condition

Updated/Remodeled

Lot size

2,613.6 sq ft

Price per sq ft

$210

Year built

2016

Annual property taxes

$3,147.74

Monthly HOA fee

$80.5

Price History

03/14/2025
TriangleMLS

TriangleMLS #10082345

Listed
$380,000
+61.7%
01/12/2018
TriangleMLS

TriangleMLS #2165318

Sold
$235,000

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Clubhouse, Playground, Pool

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

$243,942
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$105,658
Cash to seller
$243,942

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

Seller’s Loan History

Lender

Intercoastal Mortgage

Loan start date

April 2021

Original loan amount

$115,500

Est. remaining balance

$105,658

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Lynn E Davenport

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?

Status: Active

Tomo last checked: 03/31/2025 at 7:50 PM

Listing updated: 03/27/2025 at 5:22 PM

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

MLS: TriangleMLS #10082345

TriangleMLS logo

Recently listed in Wake Forest