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$525,000

Beds
4
Baths
2.5
sq ft
2,925

916 Sweet Olive Court, Wake Forest, NC 27587

916 Sweet Olive Court

Wake Forest, NC 27587

  • 68 days on market
    • Price drop $14,900↓
    • Open house Sep 21
PRICE REDUCED! Fantastic home in popular Heritage neighborhood in Wake Forest! Welcome to Heritage Greens, an intimate Enclave surrounded by greenery, in the heart of Heritage. A Beautiful ''rocking chair'' front porch greets you to this stately home. The house features gleaming hardwood floors on the main floor, a formal dining room, living room with a gas fireplace, open concept kitchen with granite countertop and a center island, stainless steel appliances. The 1st floor also holds a powder room, laundry room, and a roomy 2 car garage. The second floor of the home boasts FOUR generous size bedrooms including a huge bonus room that can be used as a 4th bedroom. Hallway bathroom with double vanity. The primary bedroom has an en-suite bathroom with a stand up shower and a garden tub, and a large walk in closet. Finally, the finished third floor will give you even more space to roam, perfect for an additional game room, man cave, gym or home office, and unfinished storage space. The outdoors is sure to please with a nice size deck, and a FLAT and FENCED backyard that is great for kicking a ball around. The sun orientation is perfect in this home with the South Sun in the back making the house very cozy in the winter! Updates include a new ROOF 2021, dishwasher 2021, deck was recently painted. The location can not be beat within short distance to the Dunn Creek Greenway and Smith Creek Park and Soccer Fields. The greenways will connect you to the nearby grocery stores, shops and restaurants, which are less than 1.5 miles away, and Heritage schools. Enjoy all the amenities that Heritage has to offer including pool, clubhouse, tennis courts, playgrounds etc. Close to all amenities and easy access to 98, hwy 1, I-540. Don't wait and schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$531,951

Lot size

9,583.2 sq ft

Price per sq ft

$180

Year built

2006

Annual property taxes

$3,898.76

Monthly HOA fee

$23.75

Price History

09/05/2024
TriangleMLS

TriangleMLS #10040498

Price change
$525,000
-2.76%
08/15/2024
TriangleMLS

TriangleMLS #10040498

Price change
$539,900
-1.39%
07/11/2024
TriangleMLS

TriangleMLS #10040498

Listed
$547,500
+82.2%

Schools & Community

Elementary school: 

Wake - Heritage

Middle school: 

Wake - Heritage

High school: 

Wake - Heritage

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

$358,474
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$124,526
Cash to seller
$358,474

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

Seller’s Loan History

Lender

North State Bank

Loan start date

September 2016

Original loan amount

$240,400

Est. remaining balance

$124,526

Interest rate

2.75%

Loan type

New Conventional, 15 year

Seller

Lei Liu and Ying Hu

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: 09/17/2024 at 10:15 PM

Listing updated: 09/17/2024 at 3:19 PM

Listed by: Laurene V Sieli, Redfin Corporation Phone #: (919) 816-5981

MLS: TriangleMLS #10040498

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