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$995,000

Beds
4
Baths
3.0
sq ft
3,576

5361 Mill Dam Road, Wake Forest, NC 27587

5361 Mill Dam Road

Wake Forest, NC 27587

  • 112 days on market
    • Price drop $55,000↓
EXCITING NEW PRICE! This residence is the absolute definition of a modern style home with unparalleled vistas throughout every room. Situated on 3.29 acres of tranquil private property. This contemporary all brick residence offers a superb location in the prime area of Wake Forest. Navigating the serpentine driveway the car glides upward, winding its way through the lush landscaping as you embark upon this warm contemporary designed home which offers an exceptional indoor-outdoor lifestyle. Light-filled living areas framed in glass flows effortlessly to outdoor living spaces made with entertaining in mind. You'll want to spend endless mornings and evenings with your coffee or glass of wine taking in breathtaking views of the lush landscape, deer, birds chirping and your own Koi pond with a peaceful waterfall. The spacious open-concept living space features custom wood flooring, dramatic volume ceilings, French doors and oversized windows. A large chef's gourmet kitchen with professional appliances and custom cabinetry overlook the spacious family room with cozy fireplace and the expansive outdoor living spaces. First floor owner's suite with spa-inspired bath area and spacious custom closet. The home also features a first floor guest suite with a private bath. Upstairs you'll find 2 additional en-suite bedrooms with a jack-and-jill bathroom. Wait until you see the enormous bonus room, flex space or professional gym. 3 car garage. Just a few short minutes to major shopping, tranquil parks, amazing restaurants, coffee shops and so much more. This park-like setting property is a Must See and one you will not want to leave.

Details

Property type

Single Family Residence

Est. home value

$1,049,100

Lot size

3.29 acres

Price per sq ft

$279

Year built

1998

Annual property taxes

$6,063

Monthly HOA fee

$33.08

Price History

08/21/2024
TriangleMLS

TriangleMLS #10044713

Price change
$995,000
-5.24%
08/02/2024
TriangleMLS

TriangleMLS #10044713

Listed
$1,050,000
+102.51%
03/29/2006
TriangleMLS

TriangleMLS #823682

Sold
$518,500

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Lake, Suburban

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

Bank Of America Na

Loan start date

October 2010

Original loan amount

$877,500

Est. remaining balance

Not provided

Interest rate

2.5%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Paul R Pierce

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: 11/22/2024 at 6:25 AM

Listing updated: 09/23/2024 at 8:41 AM

Listed by: Dwayne Leatherwood, ERA Live Moore Phone #: (919) 500-7570

MLS: TriangleMLS #10044713

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