tomo logo

$700,000

Beds
5
Baths
4.0
sq ft
3,524

609 Meadowgrass Lane, Wake Forest, NC 27587

609 Meadowgrass Lane

Wake Forest, NC 27587

  • 65 days on market
    • Price drop $10,000↓
BE IN YOUR NEW HOME BEFORE THE HOLIDAYS! In desirable 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. Versatile Bonus Rm, many options. Relax after a hard day on your Private Screened Porch & Concrete Patio with your favorite beverage. Flat, Usable Fenced Backyard is Ideal with No Neighbors Behind! Seller's relocation is your opportunity to live in this great Active Lifestyle Community w Pool, Playground, Sidewalks, Volleyball, Clubhouse, Gazebo & much more. Many upgrades! Close to Greenway with a creek & sand. Playground is close and walking this community is so pleasant.

Details

Property type

Single Family Residence

Est. home value

$638,841

Lot size

7,840.8 sq ft

Price per sq ft

$199

Year built

2017

Annual property taxes

$5,960

Monthly HOA fee

$80.5

Price History

11/13/2024
TriangleMLS

TriangleMLS #10053271

Price change
$700,000
-1.41%
11/09/2024
TriangleMLS

TriangleMLS #10053271

Price change
$710,000
-1.39%
10/19/2024
TriangleMLS

TriangleMLS #10053271

Price change
$719,999
-0.69%

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

$306,251
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$337,749
Cash to seller
$306,251

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

$337,749

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?

Similar Homes Nearby

TriangleMLS
$700,000
5 bd
|
3.5 ba
|
3,981 sq ft
|
House

1329 Endgame Court, Wake Forest, NC 27587

Price drop
TriangleMLS
$795,000
5 bd
|
4 ba
|
3,884 sq ft
|
House

1421 Sweetclover Drive, Wake Forest, NC 27587

Price drop
TriangleMLS
$699,999
5 bd
|
3.5 ba
|
4,872 sq ft
|
House

521 Ferry Court, Wake Forest, NC 27587

Status: Active

Tomo last checked: 11/22/2024 at 5:10 AM

Listing updated: 11/18/2024 at 5:26 AM

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

MLS: TriangleMLS #10053271

TriangleMLS logo

Recently listed in Wake Forest