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$315,000

Beds
3
Baths
2.5
sq ft
1,401

205 Commons Drive, Holly Springs, NC 27540

205 Commons Drive

Holly Springs, NC 27540

  • 126 days on market
    • Price drop $4,900↓
Freshly painted throughout. Inviting 2 story townhome in the heart of Holly Springs. Open floor plan with spacious kitchen with tile countertops, pantry, stainless appliances, breakfast bar & pass-thru to the dining room. Family room with sliding doors to patio and storage room. Vaulted ceilings in the bright master suite and two secondary bedrooms. Private parking located in the rear. New roof in 2023. The community clubhouse, pool, playground & picnic are just across the street. Convenient to everything Holly Springs has to offer.

Details

Property type

Townhouse

Est. home value

$311,918

Lot size

Unknown

Price per sq ft

$225

Year built

1998

Annual property taxes

$2,564.5

Monthly HOA fee

$121

Price History

10/29/2024
TriangleMLS

TriangleMLS #10042478

Price change
$315,000
-1.53%
10/11/2024
TriangleMLS

TriangleMLS #10042478

Price change
$319,900
-1.54%
09/13/2024
TriangleMLS

TriangleMLS #10042478

Price change
$324,900
-1.55%

Schools & Community

Elementary school: 

Wake - Holly Springs

Middle school: 

Wake - Holly Ridge

High school: 

Wake - Apex Friendship

Community features: 

Pool, Clubhouse, Playground

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

$140,060
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$149,740
Cash to seller
$140,060

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2022

Original loan amount

$158,000

Est. remaining balance

$149,740

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Carol A Desmarais

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: 11/23/2024 at 2:50 AM

Listing updated: 11/04/2024 at 3:15 PM

Listed by: Damon Thomas, eXp Realty, LLC - C Phone #: (888) 584-9431

MLS: TriangleMLS #10042478

TriangleMLS logo