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$565,000

Beds
4
Baths
2.5
sq ft
3,153

5116 Elf Court, Wake Forest, NC 27587

5116 Elf Court

Wake Forest, NC 27587

  • 68 days on market
    • Price drop $34,000↓
MUST SEE this beautiful home in a well-established Deer Chase subdivision that is currently priced below appraisal amount. No HOA and No property restrictions. This 4 bedroom with bonus and 2.1 bathrooms. Home has a partially finished basement with a door that leads to the oversized patio and fenced back yard with an above ground pool. 2nd floor leads out to a large deck that overlooks the beautiful backyard then to the woods that line the back property line. Home also has a new roof and 2 HVAC systems that were installed in 2022. Minutes from shopping CLOSE to Wegman's, Publix and easy access to 540. MUST SEE this beautiful home in a popular and well established Deer Chase subdivision that is currently priced below appraisal amount. No HOA and No property restrictions. This 4 bedroom with bonus and 2.1 bathrooms. Home has a partially finished basement with a door that leads to the oversized patio and fenced back yard with an above ground pool. 2nd floor leads out to a large deck that overlooks the beautiful backyard then to the woods that line the back property line. Home also has a new roof and 2 HVAC systems that were installed in 2022. Minutes from showing CLOSE to Wegman's, Publix and easy access to 540.

Details

Property type

Single Family Residence

Est. home value

$500,307

Property condition

Updated/Remodeled

Lot size

0.71 acres

Price per sq ft

$180

Year built

1996

Annual property taxes

$2,454.22

Price History

06/17/2024
TriangleMLS

TriangleMLS #10026093

Price change
$565,000
-5.68%
06/03/2024
TriangleMLS

TriangleMLS #10026093

Price change
$599,000
-1.96%
05/18/2024
TriangleMLS

TriangleMLS #10026093

Price change
$611,000
-1.61%

Schools & Community

Elementary school: 

Wake - Sanford Creek

Middle school: 

Wake - Heritage

High school: 

Wake - Heritage

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

State Employees Cu

Loan start date

March 2022

Original loan amount

$250,000

Est. remaining balance

$239,072

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

David G Kaval and Rhonda S Kaval

Lender

Ctx Mortgage Company Llc

Loan start date

March 2005

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

David G Kaval and Rhonda S Kaval

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: 07/07/2024 at 5:45 PM

Listing updated: 06/22/2024 at 11:23 PM

Listed by: Rhonda Folks, Century 21 Folks Properties Phone #: (919) 925-1102

MLS: TriangleMLS #10026093

TriangleMLS logo

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