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$1,150,000

Beds
4
Baths
5.0
sq ft
5,767

2454 North May Street, Southern Pines, NC 28387

2454 North May Street

Southern Pines, NC 28387

  • 21 days on market
    • Price drop $100,000↓
Welcome home to this 4 bedroom, 4 full and 2 half bathroom home situated on 5.77 acres! A stunning ranch with a finished basement offers plenty of storage space and entertaining options. Main floor features a spacious great room with two fireplaces and beamed ceiling, living room, laundry, powder room, and office space! Stunning kitchen offers stainless steel appliances incuding gas cooktop, island, and tons of cabinet space. Three main level bedrooms and three full bathrooms include the primary with spa-like bathroom room with gorgeous secluded and serene views and tons of built-in shelving, plus the second bedroom offers a private ensuite. Two more fireplaces in the basement and a bar making this ideal for hosting parties and guests. The detached guest house, over 900 additional SF, provides privacy for guests or ideal for in-law suite, or second primary suite (fourth bedroom) and a full bath, and offers formal living area with fireplace and kitchen! Barn with chicken coop, move-in ready- just bring your horses!

Details

Property type

Single Family Residence

Est. home value

$1,232,216

Lot size

5.77 acres

Price per sq ft

$200

Year built

1962

Annual property taxes

$4,351.78

Price History

11/18/2024
TriangleMLS

TriangleMLS #10061183

Price change
$1,150,000
-8%
11/01/2024
TriangleMLS

TriangleMLS #10061183

Listed
$1,250,000
+47.06%
07/22/2019
NorthCarolinaRegional

NorthCarolinaRegional #193961

Sold
$850,000

Schools & Community

Elementary school: 

Moore County Schools

Middle school: 

Moore County Schools

High school: 

Moore - Pinecrest

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

$358,088
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$699,912
Cash to seller
$358,088

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

May 2020

Original loan amount

$772,783

Est. remaining balance

$699,912

Interest rate

3.33%

Loan type

VA, 30 year

Seller

David Hostler and Jordanna Hostler

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: 11/22/2024 at 10:05 PM

Listing updated: 11/18/2024 at 4:56 PM

Listed by: Matthew Dover, Redfin Corporation Phone #: (919) 816-5981

MLS: TriangleMLS #10061183

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