tomo logo

$389,500

Beds
3
Baths
2.5
sq ft
1,675

1600 Raeford Rd, Southport, NC 28461

1600 Raeford Rd

Southport, NC 28461

  • 45 days on market
    • Open house Sep 21
Welcome to this beautifully renovated 2-story home in Boiling Springs Lakes, perfectly situated on a double sized corner lot. This property offers ample parking for all your vehicles, boats, RVs, and trailers with no HOA restrictions, along with a 2-car garage and a concrete driveway. Nestled among nature and located off a paved road, you'll find it close to the boat ramp at Patricia Lake, making this an ideal location for outdoor enthusiasts. As you enter through the inviting front porch, you are greeted by a grand living room featuring a cathedral ceiling and an electric fireplace with floor-to-ceiling shiplap. The formal dining area is perfect for hosting family dinners or can serve as an additional sitting area. Double French doors lead to the screened-in back porch, which overlooks the private backyard, providing a tranquil retreat. The primary bedroom, conveniently located on the main level next to the kitchen, boasts an en-suite bath with an updated ''bath fitter style'' walk-in shower. Recent updates throughout the home include new LVP flooring, fresh paint on walls, ceilings, and trim, new doors, toilets, shaker style kitchen and bath cabinets, granite countertops, hardware, fixtures and refrigerator. The second story offers two bedrooms, a full bathroom with a walk in ''Bath fitter style shower'', and a versatile flex room. The oversized 2-car garage has been freshly painted and cleaned and is equipped with pegboard for tool storage, and includes additional storage above. The home features Trane heat pumps (installed in 2020) and a roof from approximately 2017. This home is better than new and ready for you to enjoy! Located just 25 minutes from the beautiful beaches of Oak Island and 20 minutes from the historic riverfront of Southport, with plenty of dining and shopping options. Easy commute to Leland and Wilmington. Don't miss this opportunity to own a piece of paradise in Boiling Springs Lakes.

Details

Property type

Single Family Residence

Est. home value

$333,045

Lot size

0.49 acres

Price per sq ft

$233

Year built

2003

Annual property taxes

$1,725.45

Price History

08/28/2024
NorthCarolinaRegional

NorthCarolinaRegional #100459453

Listed
$389,500
+70.09%
07/30/2020
NorthCarolinaRegional

NorthCarolinaRegional #100185556

Sold
$229,000

Schools & Community

Elementary school: 

Bolivia

Middle school: 

South Brunswick

High school: 

South Brunswick

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

$153,159
Asking price
$389,500
Closing costs (~8% of asking)
-$31,160
Est. remaining loan balance
-$205,181
Cash to seller
$153,159

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

June 2020

Original loan amount

$224,852

Est. remaining balance

$205,181

Interest rate

3.28%

Loan type

FHA, 30 year

Seller

Marcia Wyatt

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: 09/18/2024 at 9:20 PM

Listing updated: 09/18/2024 at 9:27 AM

Listed by: Julie A Popichak, Southern Realty Advantage LLC Phone #: (910) 933-6223

MLS: NorthCarolinaRegional #100459453

NorthCarolinaRegional logo

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