tomo logo

$625,000

Beds
3
Baths
3.0
sq ft
2,342

828 Traditions Ridge Drive, Wake Forest, NC 27587

828 Traditions Ridge Drive

Wake Forest, NC 27587

  • 1 day on market
    • Open house Oct 12
This is the one you've been waiting for!! Beautiful Traditions home with primary down and ALL the upgrades!! Sellers have replaced all light fixtures and ceiling fans, flooring, paint, installed a beautiful shiplap fireplace wall, and so much more!! Beautiful farmhouse sink with chef style gooseneck faucet, gourmet stainless appliances, all countertops replaced with quartz! Upstairs you will find a spacious loft, 3rd bedroom with full bath, and huge unfinished storage area! Kept in impeccable condition, this awesome open floorplan will be a joy to live and relax in. The screened porch opens on to a beautiful stamped concrete patio with gazebo. Yard is fenced for kids and pets! Traditions is a fantastic community with beautiful pool and clubhouse, walking trails, playground, and so much more! Don't miss it!!

Details

Property type

Single Family Residence

Est. home value

$522,543

Lot size

7,840.8 sq ft

Price per sq ft

$267

Year built

2017

Annual property taxes

$4,895

Monthly HOA fee

$80.5

Price History

10/09/2024
TriangleMLS

TriangleMLS #10057286

Listed
$625,000
+19.05%
03/15/2022
TriangleMLS

TriangleMLS #2432789

Sold
$525,000
+56.02%
05/25/2017
TriangleMLS

TriangleMLS #2101227

Sold
$336,490

Schools & Community

Elementary school: 

Wake - Richland Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Clubhouse, Playground, Pool

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

$218,933
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$356,067
Cash to seller
$218,933

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

March 2022

Original loan amount

$375,000

Est. remaining balance

$356,067

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

John Leone and Kennia Leone

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?

Status: Active

Tomo last checked: 10/10/2024 at 9:25 PM

Listing updated: 10/10/2024 at 8:10 AM

Listed by: Heather E Layne, Southern Lux Living Phone #: (919) 395-6186

MLS: TriangleMLS #10057286

TriangleMLS logo

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