tomo logo

$505,000

Beds
4
Baths
3.5
sq ft
2,996

8708 Poteat Drive, Wake Forest, NC 27587

8708 Poteat Drive

Wake Forest, NC 27587

  • 20 days on market
Welcome to Caddell Woods is conveniently located off major road and I-540. Beautifully renovated offers modern comfort and convenience. The updated kitchen boasts intricate details such as the backsplash, upgraded appliances and countertops, making it a culinary delight. The sunroom provides a serene space to relax and enjoy. The open floor plans flows perfectly into the great room, office or guest bedroom on main level plus a formal living room. The second level boasts a jumbo owner's suite, loaded with space for a sitting room and closets. The remaining bedrooms and baths are generously sized. The fully fenced backyard offers privacy and a great space for gatherings. Extras: sprinkler system, radiant barrier, HVAC 2020, roof 2022, fence 2022, new paint 2024, new tile in laundry room, new floor in owner's bathroom, custom racks in garage and more. With 3 full baths, this home ensures comfort and functionality. Its prime location offers easy access to shopping, highways, and an effortless commute to downtown Raleigh.

Details

Property type

Single Family Residence

Est. home value

$491,616

Lot size

0.23 acres

Price per sq ft

$169

Year built

2005

Annual property taxes

$4,106

HOA fee

$225

Price History

11/01/2024
TriangleMLS

TriangleMLS #10061204

Listed
$505,000
-1.94%
11/01/2024
TriangleMLS

TriangleMLS #10038693

Removed
$515,000
10/11/2024
TriangleMLS

TriangleMLS #10038693

Price change
$515,000
-1.9%

Schools & Community

Elementary school: 

Wake - Sanford Creek

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wake Forest

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Federal Bank

Loan start date

September 2022

Original loan amount

$450,000

Est. remaining balance

$435,944

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Duane Flowers and Stephanie J Flowers

Lender

First Federal Bank

Loan start date

February 2021

Original loan amount

$322,298

Est. remaining balance

$294,600

Interest rate

2.66%

Loan type

VA, 30 year

Seller

Duane Flowers and Stephanie Flowers

Lender

First Federal Bank

Loan start date

May 2020

Original loan amount

$315,000

Est. remaining balance

$285,296

Interest rate

3.33%

Loan type

VA, 30 year

Seller

Duane Flowers and Stephanie Flowers

Lender

Wells Fargo Bank Na

Loan start date

May 2017

Original loan amount

$270,650

Est. remaining balance

$230,774

Interest rate

4.08%

Loan type

VA, 30 year

Seller

Duane Flowers and Stephanie Flowers

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 6:40 AM

Listing updated: 11/01/2024 at 10:00 AM

Listed by: Naomi Richardson, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10061204

TriangleMLS logo

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