tomo logo

$1,150,000

Beds
5
Baths
3.5
sq ft
5,141

7208 Sparhawk Road, Wake Forest, NC 27587

7208 Sparhawk Road

Wake Forest, NC 27587

  • 40 days on market
    • Price drop $37,500↓
Gorgeous 5100+ sq. ft. home on cul de sac; 1st floor primary suite, 4 more bedrooms, 3 & 1/2 baths, huge 3-bay garage, tons of flexible space. Open/airy plan with lots of natural light, high ceilings, loads of amenities. Spacious primary suite inc. jacuzzi bath with fireplace, huge double vanity, dual walk-in closets, vaulted ceiling, & an additional room for office or storage. Wonderful kitchen with lots of cabinets & granite counterspace, large pantry, 5-burner gas stove with vent, a wall oven with additional convection, & a bayed breakfast nook. 1st floor has a closeted room for guests, office, or exercise. Open family room has 2-story ceilings & a wet bar. Living rm, dining rm, & laundry/mudrm with sink round out 1st floor. Upstairs: 4 more spacious bedrms & 2 high-end full bathrms, huge 20x38 rec room inc. another fireplace & a bar with pantry. Enclosed steps from rec room lead to vaulted & windowed 1772 sq. ft. unfinished attic. New roof 2020. Exterior/interior freshly painted. Finished garage inc. workspace, natural light, epoxy floor, & extra wide bays. Encapsulated crawl. Big backyard deck, gigantic patio with built-in outdoor counters & grill, 2nd patio & tree-lined backyard. HOA-maintained pool/tennis. Ideal location near shopping, restaurants, parks, schools.

Details

Property type

Single Family Residence

Est. home value

$1,047,036

Lot size

0.6 acres

Price per sq ft

$224

Year built

2006

Annual property taxes

$7,335

HOA fee

$650

Price History

07/09/2024
TriangleMLS

TriangleMLS #10033856

Price change
$1,150,000
-3.16%
06/06/2024
TriangleMLS

TriangleMLS #10033856

Listed
$1,187,500

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Clubhouse, Pool, Tennis Court(s)

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

$891,720
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$166,280
Cash to seller
$891,720

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

September 2020

Original loan amount

$181,356

Est. remaining balance

$166,280

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Pattie L Bell and James W Bell

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: 07/16/2024 at 3:50 PM

Listing updated: 07/15/2024 at 11:23 AM

Listed by: Clay Eaton, Eaton Real Estate Services LLC Phone #: (919) 901-8700

MLS: TriangleMLS #10033856

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