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$420,000

Beds
3
Baths
2.5
sq ft
2,498

105 Lotus Lane, Sanford, NC 27332

105 Lotus Lane

Sanford, NC 27332

  • 48 days on market
If you're in the market for an immaculate home within a gated community, this property is ideal. The expansive family room flows seamlessly into the breakfast nook and kitchen, which boasts granite countertops, white cabinetry, and stainless steel appliances. The lower level features new LPV flooring. The owner's suite is a haven with a seating area, TV, and electric fireplace. Upstairs, two additional bedrooms and a versatile bonus room await, perfect as a fourth bedroom, office, or movie room. The backyard, complete with a firepit, is an idyllic setting for evening relaxation. This stunning home is move-in ready for its new owners.

Details

Property type

Single Family Residence

Est. home value

$363,407

Lot size

0.4 acres

Price per sq ft

$169

Year built

2005

Monthly HOA fee

$75

Price History

05/17/2024
TriangleMLS

TriangleMLS #LP725762

Listed
$420,000
+45.33%
05/06/2021
TriangleMLS

TriangleMLS #LP656585

Sold
$289,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf

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

$130,345
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$256,055
Cash to seller
$130,345

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

Seller’s Loan History

Lender

Colonial National Mortgage

Loan start date

May 2021

Original loan amount

$274,550

Est. remaining balance

$256,055

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Bryan Marshall Vernon and T Ania Mcneill Vernon

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: 07/05/2024 at 12:00 AM

Listing updated: 06/03/2024 at 12:14 PM

Listed by: TERESA WOLF, ERA STROTHER REAL ESTATE #5 Phone #: (919) 777-0820

MLS: TriangleMLS #LP725762

TriangleMLS logo

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