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$450,000

Beds
3
Baths
2.5
sq ft
2,499

7218 Cabernet Franc Drive, Willow Spring, NC 27592

7218 Cabernet Franc Drive

Willow Springs, NC 27592

  • 29 days on market
    • Price drop $20,000↓
Built in 2020, this stunning residence offers modern comfort and style. As you step inside, there is a foyer space with a dining room or possible office/sitting room to the left. continue through to the open-concept kitchen and living area with an informal dining space. This home has been lovingly maintained and lightly lived in, ensuring a fresh and inviting atmosphere from the moment you arrive. The first-floor primary suite is a true retreat, featuring a spacious layout, a convenient water closet, and a walk-in shower. Outside there is a screened porch a small fenced area and a sprawling yard beyond, you'll have plenty of space to enjoy outdoor activities. Venture upstairs to discover a generous loft space—perfect for a play area, or media room. Two sizable bedrooms offer comfort and privacy for family members or guests, while two large walk-in storage areas provide ample space to stow away belongings with ease. Beech Bluff Park is under construction right around the corner!

Details

Property type

Single Family Residence

Est. home value

$473,489

Lot size

0.55 acres

Price per sq ft

$181

Year built

2020

Annual property taxes

$3,571.73

Monthly HOA fee

$75

Price History

07/03/2024
TriangleMLS

TriangleMLS #10033681

Price change
$450,000
-4.26%
06/21/2024
TriangleMLS

TriangleMLS #10033681

Price change
$470,000
-3.09%
06/05/2024
TriangleMLS

TriangleMLS #10033681

Listed
$485,000
+47.42%

Schools & Community

Elementary school: 

Wake - Vance

Middle school: 

Wake - West Lake

High school: 

Wake - Willow Spring

Community features: 

Sidewalks, Street Lights, 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

$172,415
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$241,585
Cash to seller
$172,415

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

September 2020

Original loan amount

$263,200

Est. remaining balance

$241,585

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

April Viola Macbride

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: 07/04/2024 at 11:35 PM

Listing updated: 07/04/2024 at 11:43 AM

Listed by: Rebecca Williams, RW Realty of NC, LLC Phone #: (919) 366-6349

MLS: TriangleMLS #10033681

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