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$622,039Estimated home value

Beds
3
Baths
2.5
sq ft
2,413

525 Belmont Circle, Wake Forest, NC 27587

525 Belmont Circle

Wake Forest, NC 27587

  • Sold On 7/25/2024
3 PLUS ACRES. Wake Forest cul-de-sac home with all the convenience of shopping, restaurants, and parks but located in a country setting - No HOA. First floor primary bedroom, open floor plan, great gourmet kitchen with lots of workspace, dbl ovens, 48 inch gas cooktop, kitchen opens to large screen porch, deck, and fenced yard. Spacious laundry with cabinetry and sink. Whole house generator, new deck (2021), new roof (2022) and new HVAC upstairs (2023). Walk -in storage. Oversized side load garage. 2 Fridges and washer/dryer convey.

Details

Property type

Single Family Residence

Est. home value

$622,039

Lot size

3.12 acres

Price per sq ft

$260

Year built

2007

Annual property taxes

$3,258.62

Price History

07/24/2024
TriangleMLS

TriangleMLS #10039638

Sold
$650,000
+4%
07/08/2024
TriangleMLS

TriangleMLS #10039638

Pending
$625,000
07/06/2024
TriangleMLS

TriangleMLS #10039638

Listed
$625,000

Schools & Community

Elementary school: 

Granville - Wilton

Middle school: 

Granville - Hawley

High school: 

Granville - S Granville

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

$560,455
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$14,545
Cash to seller
$560,455

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

Seller’s Loan History

Lender

Wachovia Mortgage Corp

Loan start date

October 2007

Original loan amount

$22,000

Est. remaining balance

$14,545

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Tamara L Navarro

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: Off Market

Tomo last checked: 10/05/2024 at 7:45 PM

Listing updated: 09/12/2024 at 11:41 AM

Listed by: Elisa Moore, Five County Specialists, LLC Phone #: (919) 887-5114

MLS: TriangleMLS #10039638

TriangleMLS logo

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