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$325,000

Beds
3
Baths
2.5
sq ft
1,682

116 Mill Pond Road, Sanford, NC 27330

116 Mill Pond Road

Sanford, NC 27330

  • 31 days on market
    • Price drop $10,000↓
    • Open house Jul 06
Located on a peaceful and private lot, this 1986 Charleston-style home exudes quintessential Southern charm. The highlight of this home is the second-story porch, perfect for enjoying your morning coffee or unwinding in the evening. Inside, you'll find a warm and inviting atmosphere that's hard to come by. The living room is filled with natural light from its many windows, creating a bright and welcoming space. The kitchen has recently been updated with stainless steel appliances and fresh paint, making it both stylish and functional. The HOA gives you immediate use of the neighborhood pool and playground, just in time for summer! At 116 Mill Pond Road, you're just minutes from downtown Sanford, 30 minutes from downtown Southern Pines, and 40 minutes from Raleigh. This location offers the perfect balance of tranquility and convenience. Come see it for yourself and fall in love with this charming retreat. Preferred lender credit with Meredith Bolton with Main Street Home loans of 1% of loan amount or up to $2,000.

Details

Property type

Single Family Residence

Est. home value

$337,964

Lot size

1.03 acres

Price per sq ft

$194

Year built

1986

Annual property taxes

$2,199.89

HOA fee

$300

Price History

06/19/2024
NorthCarolinaRegional

NorthCarolinaRegional #100448184

Price change
$325,000
-2.99%
06/10/2024
NorthCarolinaRegional

NorthCarolinaRegional #100448184

Listed
$335,000
06/08/2024
NorthCarolinaRegional

NorthCarolinaRegional #100448184

Removed
$335,000

Schools & Community

Elementary school: 

J. R. Ingram Elem

Middle school: 

West Lee Middle

High school: 

Unknown

Community features: 

Pool

High school district: 

Lee County Schools

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

$2,917
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$296,083
Cash to seller
$2,917

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

May 2022

Original loan amount

$306,797

Est. remaining balance

$296,083

Interest rate

4.42%

Loan type

VA, 30 year

Seller

Dillon Phillips and Savannah Lilly Phillips

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: 07/04/2024 at 11:00 PM

Listing updated: 07/03/2024 at 3:49 PM

Listed by: Simmons Becker, Keller Williams Pinehurst Phone #: (601) 750-4395

MLS: NorthCarolinaRegional #100448184

NorthCarolinaRegional logo

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