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$599,000

Beds
5
Baths
3.0
sq ft
2,471

264 East Indiana Avenue, Southern Pines, NC 28387

264 East Indiana Avenue

Southern Pines, NC 28387

  • 7 days on market
Charming Duplex in Prime Southern Pines Location! This versatile duplex offers a fantastic investment opportunity OR the perfect chance to live in one unit while renting out the other! The property features a tenant-occupied (268 side) 2-bedroom, 1-bath unit, with wood floors throughout and a quaint kitchen. The backyard has a fenced area. Additionally, the vacant (264 side) is a 3-bedroom, 2-bath unit that is move-in ready with stunning updates. Step inside to find a beautifully remodeled kitchen with updated appliances, seamlessly flowing into an open-concept living and dining area. Enjoy the warmth of wood floors throughout, along with a newer roof and HVAC system for added peace of mind. Outside, the units are seperated with a privacy fence providing a private retreat. The 264 side is complete with a storage shed and fire pit area. Come view this property and take advantage of the blooming spring azaleas. Located just minutes from downtown Southern Pines, this property offers easy access to local shops, dining, and entertainment. Don't miss this rare opportunity—schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$529,240

Lot size

0.38 acres

Price per sq ft

$243

Year built

1955

Annual property taxes

$2,805.45

HOA

No

Price History

04/03/2025
NorthCarolinaRegional

NorthCarolinaRegional #100498847

Listed
$599,000

Schools & Community

Elementary school: 

Southern Pines Elementary

Middle school: 

Crain's Creek Middle

High school: 

Pinecrest High

High school district: 

Moore County Schools

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

$369,553
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$181,527
Cash to seller
$369,553

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

September 2013

Original loan amount

$238,950

Est. remaining balance

$181,527

Interest rate

4.4%

Loan type

VA, 30 year

Seller

Robert A Andrade and Petra L Andrade

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: 04/11/2025 at 1:35 AM

Listing updated: 04/03/2025 at 7:01 PM

Listed by: Kellie Adams, Everything Pines Partners LLC Phone #: (910) 725-1176

MLS: NorthCarolinaRegional #100498847

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