tomo logo

$585,000

Beds
4
Baths
3.5
sq ft
3,853

206 Arbor Drive, Elon, NC 27244

206 Arbor Drive

Elon, NC 27244

  • 31 days on market
Come take a tour of this stunning Victorian home in the exquisite subdivision of Ashley Woods. You will be greeted by the grand foyer and cozy sitting area. The first floor features an open layout concept that includes the dining room, spacious living room with fireplace and large kitchen with 2 islands and lots of cabinet space and pantry. Once you have reached the top of the stairway leading to the second floor, you are welcomed by the roomy loft area. The owner's suite offers you privacy from the other bedrooms. The bathroom features his and her sinks, stand-alone shower, walk in closet, and luxurious tub. The other 2 spacious bedrooms share a jack and jill bathroom. The set of stairs on the other side of the loft will lead you into the in-law suite above the garage. The in-law suite has its own kitchenette and living room combined area along with a separate bedroom and full bathroom. This space and also be used for multiple other uses. The area has its own mini split unit. Once you are outside, you can enjoy the sounds of your koi pond from the covered patio area while enjoying relaxing views of your backyard. This is a must see home

Details

Property type

Single Family Residence

Est. home value

$573,072

Lot size

0.35 acres

Price per sq ft

$152

Year built

1993

Annual property taxes

$2,648

Price History

11/21/2024
TriangleMLS

TriangleMLS #10064347

Listed
$585,000
+12.93%
03/25/2022
TriadMLS

TriadMLS #1051063

Sold
$518,000

Schools & Community

Elementary school: 

Alamance - Highland

Middle school: 

Alamance - Western

High school: 

Alamance - Western Alamance

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

$35,429
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$502,771
Cash to seller
$35,429

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

March 2022

Original loan amount

$531,468

Est. remaining balance

$502,771

Interest rate

3.55%

Loan type

VA, 30 year

Seller

Thomas B Wolfe and Virginia Wolfe

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: 12/23/2024 at 2:45 AM

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

Listed by: Michelle Jordan, Realty World Carolina Properti Phone #: (919) 799-7476

MLS: TriangleMLS #10064347

TriangleMLS logo

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