tomo logo

$725,000

Beds
5
Baths
4.0
sq ft
3,524

609 Meadowgrass Lane, Wake Forest, NC 27587

609 Meadowgrass Lane

Wake Forest, NC 27587

  • 1 day on market
Nestled in the heart of much sought-after Traditions in Wake Forest, this Pristine, Move-In Ready 3-story home is looking for its new owner. Enter through the covered Rocking Chair Front Porch. Welcome into the Bright, Open Floorplan. Prepare meals like a Pro in the Chef's Kitchen & serve with ease onto the oversized Eating Island. Formal Dining Rm with decorator wall mural & new chandelier is just a few steps away. 1st Floor Guest Bdrm with nearby Full Bath. Huge Primary EnSuite w Tray Ceiling, 2 Closets. Relax after a hard day on your Private Screened Porch with your favorite beverage. Flat, Usable Fenced Backyard is Ideal! Seller's relocation is your opportunity to live in this great Active Community w Pool, Playground, Sidewalks, Clubhouse, Gazebo & much more. Many upgrades! Close to Greenway.

Details

Property type

Single Family Residence

Est. home value

$638,841

Lot size

7,840.8 sq ft

Price per sq ft

$206

Year built

2017

Annual property taxes

$5,960

Monthly HOA fee

$80.5

Price History

09/18/2024
TriangleMLS

TriangleMLS #10053271

Listed
$725,000
+31.83%
07/01/2021
TriangleMLS

TriangleMLS #2382369

Sold
$549,950
+49.62%
09/27/2017
TriangleMLS

TriangleMLS #2113673

Sold
$367,575

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Clubhouse, Playground, Pool, Suburban

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

$325,042
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$341,958
Cash to seller
$325,042

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

July 2021

Original loan amount

$419,000

Est. remaining balance

$341,958

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Camilo Andres Ortega Parra and Mabel Juliana Reyes Ramirez

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: 09/19/2024 at 5:30 AM

Listing updated: 09/18/2024 at 7:20 PM

Listed by: Marianne Durham, Pittman & Associates Phone #: (919) 847-5555

MLS: TriangleMLS #10053271

TriangleMLS logo

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