tomo logo

$405,000

Beds
3
Baths
2.5
sq ft
1,607

272 Millingport Lane, New London, NC 28127

272 Millingport Lane

New London, NC 28127

  • 43 days on market
Don't miss this beautiful cottage in the desirable Millingport neighborhood of Old North State Club's gated community! The charming open floor plan invites natural light into the home, with comfortable living spaces inside & out. Exceptional views & the convenience of the putting green in the back is fun for all. The large deck & screened porch along the rear of the home are perfect for entertaining. Enjoy maintenance-free lock-&-leave living, since the HOA takes care of yard work & mows the lawn. Enjoy the putting green, community day dock & an easy walk to Old North State Club amenities. Become a member of the Club for access to its recently renovated championship golf course, dining, pools, tennis/pickleball courts & more. This cottage will make a wonderful primary or secondary home!

Details

Property type

Single Family Residence

Est. home value

$380,234

Lot size

6,969.6 sq ft

Price per sq ft

$253

Year built

1992

Annual property taxes

$1,318

Monthly HOA fee

$440

Price History

10/11/2024
TriangleMLS

TriangleMLS #10057784

Listed
$405,000
+5.19%
06/16/2023
CanopyMLS

CanopyMLS #4002732

Sold
$385,000

Schools & Community

Elementary school: 

Montgomery County Schools

Middle school: 

Montgomery County Schools

High school: 

Montgomery County Schools

Community features: 

Clubhouse, Fitness Center, Gated, Golf, Sidewalks, Street Lights, Tennis Court(s)

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

$12,799
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$359,801
Cash to seller
$12,799

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

Seller’s Loan History

Lender

Rosegate Mortgage Llc

Loan start date

June 2023

Original loan amount

$365,750

Est. remaining balance

$359,801

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Molly Elizabeth Stewart

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 11:10 AM

Listing updated: 10/20/2024 at 1:41 PM

Listed by: Rob Brady, Uwharrie Point Realty Phone #: (336) 461-4492

MLS: TriangleMLS #10057784

TriangleMLS logo

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