Features and Amenities at 1258 N Main Street

Once in a lifetime opportunity to purchase one the last remaining undeveloped large farms near downtown Wake Forest. Seller is offering approx. 140 acres with a portion of property in both Wake and Franklin Counties. Wake Forest has indicated desire to annex both portions, and will entertain a variety of uses ranging from high density residential to industrial. Currently operated as cattle farm and qualifies for significantly discounted present use taxation. Call Man Leete at 919-539-3391 for more info.
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Local Schools

School Score Class Size Distance
Richland Creek Elementary School B 12 1.44 mi
Wake Forest Middle School B+ 18 3.88 mi
Wake Forest High School B+ 18 1.75 mi

Home Details

Bedroom(s)
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Bathroom(s)
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Square Footage
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Price per SqFt
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Lot Size
140 acres
Stories
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Property Type
House
Year Built
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MLS #
2090949
Neighborhood
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County
wake
Monthly Est. Mortgage
$30,978
Monthly Est. Insurance
$2,097
Monthly Property Tax
$5,992.70
Last Updated
09/22/2017

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Total Rooms
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Garage SqFt
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Year Updated
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Cooling System
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Heating System
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Heating Source
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Tax Year
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Tax Amount
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Price History

Date Event Change Price Source
03/07/2017 Price Reduction $-1,507,296 (-20.10%) $5,992,704 Triangle MLS (via Listhub)
10/26/2016 First Listed $7,500,000 Triangle MLS (via Listhub)

Estimated Mortgage Rates

Mortgage Calculator

With a current price of $5,992,704 and a mortgage rate of 4.0%, someone purchasing 1258 N Main Street, Wake Forest, NC , 27587 could expect to have a monthly payment of $30,978. This assumes a 20% down payment of $1,198,541 , a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.

Loan Amount
$4,794,163
$0
$5,992,704
Down Payment
20 %
0%
30%
Loan Term
30 years
0 years
40 years
Interest Rate
4 %
0%
7%
Homeowner Insurance
$2,097
$0
$2,097
Property Tax
1.2 %
1%
6%
Principal & Interest$22,888Insurance$2,097Taxes$5,993PMI$0Estimated Payment$30,978

Request Information

919-539-3391 LISTING AGENT
919-671-7358
919-601-7710 Preferred
984-235-3057 Preferred
By clicking “submit”, I provide my signature and consent to be contacted by Homes.com customers and vendors regarding products or services at the number I provided via live, automated or prerecorded phone call. I understand (a) my consent is not required as a condition of any purchase and (b) I can revoke consent at any time.
Listing Source:
Triangle MLS (via Listhub)
Offered By:
Golden Realty & Management
Office Phone:
919-605-7892
Last Change:
09/22/2017
Days on Site:
331

Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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