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$415,000

Beds
3
Baths
2.5
sq ft
1,816

208 Somerset Farm Drive, Holly Springs, NC 27540

208 Somerset Farm Drive

Holly Springs, NC 27540

  • Pending
    • Price drop $35,000↓
Seller accepting back up offers - Excellent 3 bedroom, 2.5 bathroom two-story home on over half an acre! Main floor boasts great room with fireplace and built-ins, dining area and kitchen with stainless steel appliances and a breakfast nook. Top floor bedrooms including primary suite with tray ceiling, walk-in closet, walk-in shower, soaking tub and double vanity. Plus large bonus room with skylight. Deck overlooks fenced backyard, ideal for entertaining! Community pool, attached garage and Move-In Ready!

Details

Property type

Single Family Residence

Est. home value

$413,120

Lot size

0.55 acres

Price per sq ft

$229

Year built

1996

Annual property taxes

$2,834.07

Monthly HOA fee

$36.67

Price History

08/30/2024
TriangleMLS

TriangleMLS #10045422

Pending
$415,000
08/15/2024
TriangleMLS

TriangleMLS #10045422

Price change
$415,000
-7.78%
08/06/2024
TriangleMLS

TriangleMLS #10045422

Listed
$450,000
-6.25%

Schools & Community

Elementary school: 

Wake - Herbert Akins Road

Middle school: 

Wake - Herbert Akins Road

High school: 

Wake - Fuquay Varina

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Navy Fcu

Loan start date

January 2024

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Credit Line (Revolving), 40 year

Seller

Toney Gaines Ii and Christiann Gaines

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:50 AM

Listing updated: 09/12/2024 at 11:50 AM

Listed by: Tara Hargrove, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10045422

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