tomo logo

$379,900

Beds
3
Baths
2.5
sq ft
1,614

527 East Pine Avenue, Wake Forest, NC 27587

527 East Pine Avenue

Wake Forest, NC 27587

  • 102 days on market
    • Price drop $15,100↓
Wake Forest has been described as a town where ''quaint meets cool''. According to wakeforestnc.gov, ''There's a certain feeling you get in our downtown. A charming, stylish, soulful kind of edginess and ambience, atmosphere and aura.'' This 2021-built home is just moments away from all the cool things downtown Wake Forest has to offer including dining, boutiques, galleries and more. Enjoy all the amenities of a new home in a style that blends seamlessly with the charm and history of the area. A rocking-chair front porch welcomes owners and guests alike. An open floorplan on the main level features a kitchen in the heart of the home flanked by a spacious dining area and large family room with fireplace. Finishing out the first floor is a powder room, a walk-in pantry and a storage room that could easily be converted to a mudroom/drop zone or home office. Upstairs you'll find three spacious bedrooms, two full baths and a laundry closet. The fully fenced, private backyard and deck create a wonderful space for outdoor entertaining. A wonderful place to call home!

Details

Property type

Single Family Residence

Est. home value

$336,092

Lot size

7,405.2 sq ft

Price per sq ft

$236

Year built

2021

Annual property taxes

$2,756

Price History

09/18/2024
TriangleMLS

TriangleMLS #10043766

Price change
$379,900
-3.82%
07/26/2024
TriangleMLS

TriangleMLS #10043766

Listed
$395,000
+53%
10/04/2021
TriangleMLS

TriangleMLS #2369670

Sold
$258,168

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

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

$120,875
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$228,633
Cash to seller
$120,875

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

Seller’s Loan History

Lender

Mclean Mortgage Corp

Loan start date

September 2021

Original loan amount

$245,260

Est. remaining balance

$228,633

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Michael Corey Gentry

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?

Similar Homes Nearby

Price drop
TriangleMLS
$375,000
3 bd
|
2.5 ba
|
1,714 sq ft
|
House

1201 Shadow Shade Drive, Wake Forest, NC 27587

Price drop
TriangleMLS
$398,000
3 bd
|
2.5 ba
|
1,822 sq ft
|
House

1604 Ripley Woods Street, Wake Forest, NC 27587

Price drop
TriangleMLS
$390,000
3 bd
|
2.5 ba
|
1,764 sq ft
|
House

1713 Ripley Woods Street, Wake Forest, NC 27587

Status: Active

Tomo last checked: 11/05/2024 at 6:50 PM

Listing updated: 09/24/2024 at 8:50 AM

Listed by: Mollie W Owen, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10043766

TriangleMLS logo

Recently listed in Wake Forest