tomo logo

$320,000

Beds
3
Baths
2.0
sq ft
1,772

1721 Margarita Lane, Sanford, NC 27332

1721 Margarita Lane

Sanford, NC 27332

  • 76 days on market
    • Price drop $5,000↓
Welcome home to your own slice of paradise! This charming 3-bedroom, 2-bathroom home is the perfect place to create lasting memories with your loved ones. As you enter the home, you'll be greeted by a warm and inviting living room that flows seamlessly into the dining area, all with engineered hardwood floors. The kitchen is a chef's dream, with ample granite counter space, modern stainless steel appliances, a pantry, and a breakfast bar perfect for casual dining. The master suite is a true sanctuary, featuring a spacious bedroom, 2 walk-in closets, and a private remodeled bathroom. The additional bedrooms are generously sized and share a fully remodeled bathroom. Outside, you'll enjoy entertaining guests on the expansive deck overlooking the beautiful fairway. A perfectly manicured lawn you don't have to mow! Have fun hosting summer barbecues or simply relaxing in the sun. Don't miss out on this incredible opportunity to live in one of Sanford's most sought-after neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$354,929

Lot size

0.24 acres

Price per sq ft

$181

Year built

1983

Annual property taxes

$2,566.48

Monthly HOA fee

$79.5

Price History

05/22/2024
TriangleMLS

TriangleMLS #10024041

Price change
$320,000
-1.54%
05/15/2024
TriangleMLS

TriangleMLS #10024041

Listed
$325,000
05/01/2024
TriangleMLS

TriangleMLS #10024041

Pending
$325,000

Schools & Community

Elementary school: 

Lee - J Glenn Edwards

Middle school: 

Lee - East Lee

High school: 

Lee - Lee

Community features: 

Pool, Gated, Tennis Court(s)

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

$228,836
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$65,564
Cash to seller
$228,836

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

August 2021

Original loan amount

$70,000

Est. remaining balance

$65,564

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Jeanne Burby and Richard Burby

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

Price drop
TriangleMLS
$305,000
3 bd
|
2 ba
|
1,704 sq ft
|
House

1405 Abercorn Lane, Sanford, NC 27330

Price drop
TriangleMLS
$319,500
3 bd
|
2 ba
|
1,886 sq ft
|
House

5049 Bluebird Drive, Sanford, NC 27332

TriangleMLS
$325,000
3 bd
|
2 ba
|
1,921 sq ft
|
House

506 Cross Street, Sanford, NC 27330

Status: Active

Tomo last checked: 07/05/2024 at 12:00 AM

Listing updated: 05/22/2024 at 4:18 PM

Listed by: Ashleigha Maksim, Real Broker, LLC Phone #: (919) 348-2585

MLS: TriangleMLS #10024041

TriangleMLS 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