tomo logo

$840,000

Beds
4
Baths
2.5
sq ft
2,263

10560 Lake Royale Road, Spring Hope, NC 27882

10560 Lake Royale Road

Spring Hope, NC 27882

  • 114 days on market
This mini farm is located about 45 miles NE of Raleigh N.C. The property is just shy of 10 acres with lots of privacy. The home is a custom designed ranch with hardwood floors, spacious rooms and plenty of storage. There is a large, isolated workshop with a concrete floors and drive in doors, perfect for all your farm equipment. As well as a barn, with electricity and several storage buildings. This property includes dog breeding,training or daycare facility. This uniquely designed facility ensure ease and efficiency of day to day operations for employees and conducive to the health and social well being of any pets. This property can be owned and operated remotely by the self efficient staff still in place at this time. They are all very experienced with operating the day to day needs of a breeding operation if you are a breeder interested in the farm.

Details

Property type

Single Family Residence

Est. home value

$840,223

Lot size

Unknown

Price per sq ft

$372

Year built

2002

Price History

07/16/2024
CanopyMLS

CanopyMLS #4161042

Listed
$840,000
07/12/2024
CanopyMLS

CanopyMLS #4134485

Removed
$840,000
04/30/2024
CanopyMLS

CanopyMLS #4134485

Listed
$840,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

Pennymac Loan Services Llc

Loan start date

October 2023

Original loan amount

$15,557

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Stand Alone Second, 19 year

Seller

David L Erickson and Cynthia H Erickson

Lender

Pennymac Loan Services Llc

Loan start date

August 2022

Original loan amount

$4,991

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Stand Alone Second, 20 year

Seller

David Erickson and Cynthia H Erickson

Lender

North Carolina Housing Finance Agency

Loan start date

March 2016

Original loan amount

$35,448

Est. remaining balance

Not provided

Interest rate

3.72%

Loan type

Not Provided

Seller

David L Erickson and Cynthia H Erickson

Lender

Meridian Residential Inc

Loan start date

July 2008

Original loan amount

$229,491

Est. remaining balance

$119,747

Interest rate

6.01%

Loan type

FHA, 25 year

Seller

David L Erickson and Cynthia H Erickson

Lender

Meridian Residential Inc

Loan start date

July 2008

Original loan amount

$229,491

Est. remaining balance

$119,747

Interest rate

6.01%

Loan type

FHA, 25 year

Seller

David L Erickson and Cynthia H Erickson

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: 11/08/2024 at 1:15 PM

Listing updated: 10/16/2024 at 1:55 PM

Listed by: Ola van Zyl, Keller Williams Connected Phone #: (803) 835-2300

MLS: CanopyMLS #4161042

CanopyMLS logo

Recently listed in Spring Hope