tomo logo

$364,900

Beds
3
Baths
2.5
sq ft
2,481

157 Edgemont Terrace, Sanford, NC 27332

157 Edgemont Terrace

Sanford, NC 27332

  • 63 days on market
    • Price drop $15,000↓
Welcome to 157 Edgemont Terrace,nestled in the highly sought-after Carolina Lakes subdivision! As you step inside, you'll be greeted by a two story foyer, a formal living room/office & a formal dining room. The Great Rm features hardwood floors,a cozy fireplace,and a beautiful wood accent wall w/shelving. The well-equipped eat-in kitchen makes meal preparation enjoyable & you'll have plenty of storage space. The main floor has a convenient half-bath & laundry room. Be sure to explore the tucked-away bonus room, ideal for play or relaxation. Upstairs, the spacious master bedroom features a walk-in closet, double sink, garden tub & shower. 2 more bedrooms & a full bath complete the upstairs. Outside, the expansive backyard extends beyond the fenced area, & offers a deck as well as a stone patio w/ a firepit.The Carolina Lakes Homeowner's Association boasts approx. 35 miles of private paved roads & stunning lakes, providing homeowners w/ opportunities for boating, kayaking, & golfing.

Details

Property type

Single Family Residence

Est. home value

$362,419

Lot size

Unknown

Price per sq ft

$148

Year built

2005

Monthly HOA fee

$75

Price History

07/03/2024
LongleafPine

LongleafPine #724846

Price change
$364,900
-3.95%
05/02/2024
LongleafPine

LongleafPine #724846

Listed
$379,900
+43.9%
08/11/2020
TriangleMLS

TriangleMLS #LP637076

Sold
$264,000
+7.76%

Schools & Community

Elementary school: 

Highland Elementary

Middle school: 

Highland Middle School

High school: 

Overhills Senior High

Community features: 

Pool, Clubhouse, 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

$87,756
Asking price
$364,900
Closing costs (~8% of asking)
-$29,192
Est. remaining loan balance
-$247,952
Cash to seller
$87,756

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

August 2020

Original loan amount

$270,072

Est. remaining balance

$247,952

Interest rate

3.13%

Loan type

VA, 30 year

Seller

Ian Jones and Kaitlyn Jones

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?

Similar Homes Nearby

TriangleMLS
$420,000
3 bd
|
2.5 ba
|
2,498 sq ft
|
House

105 Lotus Lane, Sanford, NC 27332

Price drop
LongleafPine
$335,000
3 bd
|
2.5 ba
|
1,932 sq ft
|
House

88 Lakeside Lane, Sanford, NC 27332

TriangleMLS
$369,900
3 bd
|
2.5 ba
|
2,326 sq ft
|
House

55 Tanawha Court, Spring Lake, NC 28390

Status: Active

Tomo last checked: 07/04/2024 at 10:50 PM

Listing updated: 07/03/2024 at 3:23 PM

Listed by: AMANDA SMITH, ATLAS REAL ESTATE PARTNERS Phone #: (910) 779-0076

MLS: LongleafPine #724846

LongleafPine logo

Recently listed in Sanford

$567,000|3 bd|2.0 ba|House
$114,900|2 bd|1.0 ba|House
$360,000|4 bd|3.5 ba|House
$335,990|4 bd|2.5 ba|House
$312,685|3 bd|3.0 ba|House
$399,000|3 bd|3.5 ba|House