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$302,241Estimated home value

Beds
4
Baths
2.5
sq ft
1,894

117 Somerset Drive, Raeford, NC 28376

117 Somerset Drive

Raeford, NC 28376

  • Sold On 6/24/2022
This beautiful WATERFTONT house sits on a little over an acre in the highly desired Don D Steed School district. The neighborhood backs up to the All American trail, and is close to Fort Bragg, Shopping and more. The house features 4 bedrooms (per the septic permit) including the large bonus room, 2.5 baths and a formal dinning room . The house was freshly painted in May of 2022, New laminate flooring in April of 2022, New roof in 2019 and well... the house is just fantastic! You can sit and enjoy the lovely neighborhood from your covered front porch or hangout in your privacy fenced back yard overlooking the fantastic POND! This house will not be on the market long. Seller prefers a 30 day close with a potential rent back for no longer than 60 days (negotiable). Come see your future home that sits on it's own little piece of heaven, before it is too late!

Details

Property type

Single Family Residence

Est. home value

$302,241

Lot size

1.00 acres

Price per sq ft

$143

Year built

2003

Price History

03/09/2025
TriangleMLS

TriangleMLS #LP735324

Removed
$324,950
02/05/2025
TriangleMLS

TriangleMLS #LP735324

Price change
$324,950
-1.23%
01/03/2025
TriangleMLS

TriangleMLS #LP735324

Price change
$329,000
-1.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

East Hoke Middle School

High school: 

Hoke County High School

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

-$19,927
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$268,327
Cash to seller
-$19,927

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

June 2022

Original loan amount

$280,000

Est. remaining balance

$268,327

Interest rate

5.1%

Loan type

VA, 30 year

Seller

Shakoor Mitchner

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: Off Market

Tomo last checked: 04/04/2025 at 6:45 AM

Listing updated: 02/15/2024 at 10:37 AM

Listed by: JACKIE PEARSON, KELLER WILLIAMS REALTY (FAYETTEVILLE) Phone #: (910) 222-2800

MLS: LongleafPine #684628

LongleafPine logo

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