tomo logo

$499,900

Beds
4
Baths
3.0
sq ft
1,542

110 Oak Terrace, Arden, NC 28704

110 Oak Terrace

Arden, NC 28704

  • <1 day on market
Welome to Royal Pines, a wooded, established & highly desirable location in Arden! This home and two separate outbuildings are situated on a .55 acre corner lot with driveway entrances on Royal Pines Dr. & on Oak Terr. Featuring 3 BR and 2 BA on the main level and a separate living quarters previously used as a short term rental in the basement. Primary bedroom has an entrance onto the deck which includes a retractable awning. Enjoy siting on your patio overlooking the spacious wooded lot. Small fenced in area used as a dog run. Large outbuilding previously used as a workshop by local woodworker. Second outbuilding has no value, yet offers a carport. Large circular driveway includes an out pad currently used as a patio & is equipped with a powered RV hook-up. Some storm damage including downed trees, which have been removed.

Details

Property type

Single Family Residence

Est. home value

$508,717

Lot size

Unknown

Price per sq ft

$325

Year built

1954

Price History

12/22/2024
CanopyMLS

CanopyMLS #4207275

Listed
$499,900
-20.02%
09/26/2024
CanopyMLS

CanopyMLS #4180710

Removed
$625,000
09/24/2024
CanopyMLS

CanopyMLS #4180710

Listed
$625,000
+26.29%

Schools & Community

Elementary school: 

Glen Arden/Koontz

Middle school: 

Cane Creek

High school: 

T.C. Roberson

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

$76,231
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$383,677
Cash to seller
$76,231

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

Seller’s Loan History

Lender

Beverly Hanks Mortgage Services Llc

Loan start date

August 2022

Original loan amount

$395,900

Est. remaining balance

$383,677

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Mary Aquinas Moore

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?

Status: Active

Tomo last checked: 12/22/2024 at 4:10 PM

Listing updated: 12/21/2024 at 10:39 PM

Listed by: Bill DeVore, Keller Williams Professionals Phone #: (828) 254-7253

MLS: CanopyMLS #4207275

CanopyMLS logo

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