tomo logo

$470,000

Beds
5
Baths
3.0
sq ft
3,327

20 Lakeforest Trail, Sanford, NC 27332

20 Lakeforest Trail

Sanford, NC 27332

  • 46 days on market
    • Price drop $5,000↓
Discover this exceptional property in the sought-after Carolina Lakes neighborhood, featuring five spacious bedrooms and three full bathrooms. Designed with comfort and style in mind, this home includes a convenient in-law suite on the main floor, a dedicated home office, and an upstairs bonus room complete with a bar and fireplace. Enjoy elegant meals in the formal dining room or casual gatherings in the eat-in kitchen. The expansive owner’s suite includes a large walk-in closet, while the luxurious owner’s bathroom boasts tiled floors, dual vanities, a walk-in shower, a jetted tub, and ample lighting. Flooring throughout includes hardwood on the main level, laminate upstairs, and cozy carpeted bedrooms. The fully fenced backyard offers a brand-new deck, ideal for relaxation and entertaining. New HVAC approximately 3 years ago.

Details

Property type

Single Family Residence

Est. home value

$405,607

Lot size

Unknown

Price per sq ft

$142

Year built

2011

Monthly HOA fee

$75

Price History

11/25/2024
LongleafPine

LongleafPine #734480

Price change
$470,000
-1.05%
11/05/2024
LongleafPine

LongleafPine #734480

Listed
$475,000
+19.05%
12/22/2022
LongleafPine

LongleafPine #690026

Sold
$399,000
+24.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Highland Middle School

High school: 

Overhills Senior High

Community features: 

Pool, Gated, Clubhouse

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

$41,878
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$390,522
Cash to seller
$41,878

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

Seller’s Loan History

Lender

Prime Mortgage Lending Inc

Loan start date

December 2022

Original loan amount

$399,000

Est. remaining balance

$390,522

Interest rate

6.95%

Loan type

VA, 30 year

Seller

Shawn Bates and Katie Bates

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?

Status: Active

Tomo last checked: 12/22/2024 at 10:40 AM

Listing updated: 12/15/2024 at 3:18 AM

Listed by: SHERRY DEWEESE, KELLER WILLIAMS REALTY (PINEHURST) Phone #: (910) 692-5553

MLS: LongleafPine #734480

LongleafPine logo

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