tomo logo

$424,999

Beds
4
Baths
1.5
sq ft
1,846

4208 Louisbury Road, Wake Forest, NC 27587

4208 Louisbury Road

Wake Forest, NC 27587

  • 2 days on market
Large flat lot almost 2.5 acres with NO HOA, Prefect for building and much more. Property is located just minutes from Raleigh and surrounding cities. The area around the property is rapidly developing Making this property a true Gem and great investment. Near Major Shopping centers, Highway 401, and other prime accommodations. Majority of the land is cleared and also has an untouched wooded area. The home structure is being sold ''AS-IS'' and will make a great investment if renovated or possible tear down to develop the land as desired. (2nd floor bedrooms are heated by fireplace only) You don't want to miss the opportunity! Schedule your showing today !!

Details

Property type

Single Family Residence

Est. home value

$377,992

Property condition

Fixer

Lot size

2.49 acres

Price per sq ft

$231

Year built

1926

Annual property taxes

$1,953.79

Price History

01/02/2025
TriangleMLS

TriangleMLS #10068859

Listed
$424,999
-26.07%
12/15/2024
TriangleMLS

TriangleMLS #10002490

Removed
$574,900
12/16/2023
TriangleMLS

TriangleMLS #10002490

Listed
$574,900

Schools & Community

Elementary school: 

Wake - Sanford Creek

Middle school: 

Wake - Rolesville

High school: 

Wake - Rolesville

Community features: 

None

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

Nationwide Equities Corporation

Loan start date

April 2022

Original loan amount

$525,000

Est. remaining balance

Not provided

Interest rate

3.92%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 77 year

Seller

Becky Joyee Allen

Lender

American Advisors Group

Loan start date

June 2020

Original loan amount

$409,500

Est. remaining balance

Not provided

Interest rate

4.18%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 79 year

Seller

Becky Joyce Allen

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: 01/04/2025 at 8:20 PM

Listing updated: 01/04/2025 at 4:27 PM

Listed by: Kristina Frances Argenal, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10068859

TriangleMLS logo

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