tomo logo

$425,000

Beds
3
Baths
2.5
sq ft
2,286

198 Hillsdale Drive, Archer Lodge, NC 27527

198 Hillsdale Drive

Archer Lodge, NC 27527

  • 31 days on market
Main Floor Living in a Former Presidential Award-Winning Parade Home! This beautifully designed home offers a thoughtful layout with everything you need on the main floor, plus a spacious finished bonus room on the second level. Key features include: hardwood floors and trey ceilings, whole-house generator for peace of mind, cozy gas log fireplace, relaxing screened porch, finished two-car garage with additional storage space, vapor barrier in the crawl space, low-maintenance gutters with guards, and a charming storage shed. Situated near the cul-de-sac in a quiet, one-street neighborhood, this home boasts beautiful landscaping and a fenced backyard for privacy. Its large, flat yard and long, elegant driveway offer ample space for entertaining and accommodating guests. Updates for worry-free living: New roof (December 2021), new septic pump (2022), new upstairs AC (2024), new water heater (2021), and new washer (2024) and dryer (2021). Conveniently located in Archer Lodge, just minutes from downtown Clayton and its many amenities. Less than 2 miles to grocery stores and elementary schools, this home combines comfort, style, and practicality in a fantastic location.

Details

Property type

Single Family Residence

Est. home value

$414,415

Lot size

0.59 acres

Price per sq ft

$186

Year built

2004

Annual property taxes

$2,514.5

Monthly HOA fee

$6.25

Price History

11/22/2024
TriangleMLS

TriangleMLS #10064596

Listed
$425,000
+42.62%
12/08/2020
TriangleMLS

TriangleMLS #2348111

Sold
$298,000
+45.37%
04/21/2005
TriangleMLS

TriangleMLS #753250

Sold
$205,000

Schools & Community

Elementary school: 

Johnston - River Dell

Middle school: 

Johnston - Archer Lodge

High school: 

Johnston - Corinth Holder

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

$128,892
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$262,108
Cash to seller
$128,892

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 Financial Network Inc

Loan start date

December 2020

Original loan amount

$288,054

Est. remaining balance

$262,108

Interest rate

2.8%

Loan type

FHA, 30 year

Seller

Wager Sharpe Iii and Jessica Sharpe

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
$365,000
3 bd
|
2.5 ba
|
2,303 sq ft
|
House

86 Rockwater Way, Zebulon, NC 27597

TriangleMLS
$439,900
3 bd
|
2.5 ba
|
2,191 sq ft
|
House

122 Redbay Lane, Clayton, NC 27527

Price drop
TriangleMLS
$415,000
3 bd
|
3 ba
|
1,911 sq ft
|
House

43 Mcpoole Lane, Archer Lodge, NC 27527

Status: Active

Tomo last checked: 12/23/2024 at 6:30 PM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Steven Elliot, Fathom Realty NC, LLC Phone #: (888) 455-6040

MLS: TriangleMLS #10064596

TriangleMLS logo

Recently listed in Archer Lodge