tomo logo

$369,900

Beds
3
Baths
2.5
sq ft
1,646

518 Retreat Lane, Wake Forest, NC 27587

518 Retreat Lane

Wake Forest, NC 27587

  • <1 day on market
Charming townhome in the desirable Creek View at Traditions community, just a short walk to the clubhouse and pool. This pristine home boasts fresh paint and updated lighting, a KitchenAid dishwasher, a commercial-grade electric range, updated cabinet hardware & custom closets. The spacious owner's suite features a cozy sitting area and generous closet space. The open-concept first floor includes a modern kitchen with an island and pantry, a powder room, and a one-car garage. Upstairs, you'll find three well-sized bedrooms and two full bathrooms. Enjoy easy access to all the best amenities in the area.

Details

Property type

Townhouse

Est. home value

$341,628

Lot size

1,742.4 sq ft

Price per sq ft

$225

Year built

2017

Annual property taxes

$3,145.23

Monthly HOA fee

$80.5

Price History

01/09/2025
TriangleMLS

TriangleMLS #10070023

Listed
$369,900
+8.79%
07/25/2022
TriangleMLS

TriangleMLS #2456130

Sold
$340,000
+59.68%
06/15/2017
TriangleMLS

TriangleMLS #2108784

Sold
$212,924

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

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

$110,967
Asking price
$369,900
Closing costs (~8% of asking)
-$29,592
Est. remaining loan balance
-$229,341
Cash to seller
$110,967

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

July 2022

Original loan amount

$238,000

Est. remaining balance

$229,341

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Thao Pham Nguyen and Thuy Thanh Do

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: 01/10/2025 at 4:40 AM

Listing updated: 01/09/2025 at 4:31 PM

Listed by: Christine Nguyen, Relevate Real Estate Inc. Phone #: (919) 395-0735

MLS: TriangleMLS #10070023

TriangleMLS logo

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