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$449,500

Beds
2
Baths
2.0
sq ft
2,020

6704 Log Home Drive, Wendell, NC 27591

6704 Log Home Drive

Wendell, NC 27591

  • 78 days on market
    • Price drop $15,500↓
Welcome to your private country retreat at 6704 Log Home Drive in Wendell, NC! This charming log home boasts 2 bedrooms and 2 bathrooms across 2,061 sq ft of light-filled living space. Nestled on a sprawling 5 +/- acre lot, this home features cathedral ceilings with natural rafters and a soaring stone fireplace that creates a cozy, inviting atmosphere. Enjoy beautiful hardwood and tile floors throughout. Step outside to a fenced-in yard or relax on the front porch. Additional amenities include a detached carport and storage. Perfectly situated just 5 minutes from the new Wake Tech campus and downtown Wendell, and only 10 minutes from Knightdale's shopping and restaurants. Experience country living close to modern conveniences! This unique home offers a unique opportunity. This unique home is a unique find with endless potential to add your touch or updates.

Details

Property type

Single Family Residence

Est. home value

$526,145

Lot size

5.34 acres

Price per sq ft

$223

Year built

2001

Annual property taxes

$3,194

Price History

10/31/2024
TriangleMLS

TriangleMLS #10050764

Price change
$449,500
-3.33%
10/09/2024
TriangleMLS

TriangleMLS #10050764

Price change
$465,000
-6.06%
09/05/2024
TriangleMLS

TriangleMLS #10050764

Listed
$495,000
+32%

Schools & Community

Elementary school: 

Wake - Lockhart

Middle school: 

Wake - Neuse River

High school: 

Wake - Rolesville

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

$83,041
Asking price
$449,500
Closing costs (~8% of asking)
-$35,960
Est. remaining loan balance
-$330,499
Cash to seller
$83,041

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

August 2020

Original loan amount

$363,750

Est. remaining balance

$330,499

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Rayda Alexis Patten and Matthew S Steele

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?

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Status: Active

Tomo last checked: 11/22/2024 at 6:25 PM

Listing updated: 10/31/2024 at 3:01 PM

Listed by: Johnny Chappell, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10050764

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