tomo logo

$800,000

Beds
4
Baths
3.5
sq ft
3,550

7601 Matherly Drive, Wake Forest, NC 27587

7601 Matherly Drive

Wake Forest, NC 27587

  • 120 days on market
    • Price drop $25,000↓
Immaculate home on spacious 1.12 acre corner lot. Oversized foyer with grand vaulted ceiling welcomes you into your new home. Stunning wood floors throughout the spacious first floor. This home offers a first floor owners suite w/ walk in closet, garden tub, walk-in tiled shower. Huge, bright eat in kitchen w/ pendant lights, granite counters, stone backsplash, antique glazed cabinets, SS appliances, under/over cabinet lighting. Gorgeous hardwoods throughout 1st floor, formal dining room, butler's pantry w/ wine cooler, central vac, Intercom system, stair lighting, recessed lighting. Second floor has 3 bedrooms plus a large bonus room w/ closet. Huge Media/Theater room! Enjoy the view of the huge backyard from the Sunroom. No HOA! Excellent location at the entrance of Dun Loring minutes from shopping, restaurants, Capital Blvd & Hwy 98. A must see!

Details

Property type

Single Family Residence

Est. home value

$708,630

Lot size

1.12 acres

Price per sq ft

$226

Year built

2002

Annual property taxes

$3,508

Price History

06/21/2024
TriangleMLS

TriangleMLS #10015394

Price change
$800,000
-3.03%
06/11/2024
TriangleMLS

TriangleMLS #10015394

Price change
$825,000
-2.37%
05/02/2024
TriangleMLS

TriangleMLS #10015394

Price change
$845,000
-1.63%

Schools & Community

Elementary school: 

Wake - Wake Forest

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wakefield

Community features: 

Sidewalks

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

$422,692
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$313,308
Cash to seller
$422,692

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 Citizens Bank & Trust Co

Loan start date

November 2021

Original loan amount

$332,000

Est. remaining balance

$313,308

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Byung S Lee and Im Soon Lee

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

Price drop
TriangleMLS
$800,000
4 bd
|
3.5 ba
|
4,195 sq ft
|
House

2629 Peachleaf Street, Raleigh, NC 27614

Price drop
TriangleMLS
$850,000
4 bd
|
3.5 ba
|
3,850 sq ft
|
House

1032 Traders Trail, Wake Forest, NC 27587

TriangleMLS
$749,000
4 bd
|
3.5 ba
|
3,710 sq ft
|
House

12509 Richmond Run Drive, Raleigh, NC 27614

Status: Active

Tomo last checked: 07/04/2024 at 11:25 PM

Listing updated: 06/30/2024 at 3:13 PM

Listed by: Anita M Spangler, Coldwell Banker Advantage Phone #: (919) 562-2200

MLS: TriangleMLS #10015394

TriangleMLS logo