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$425,000

Beds
3
Baths
2.0
sq ft
1,531

280 West Delaware Avenue, Southern Pines, NC 28387

280 West Delaware Avenue

Southern Pines, NC 28387

  • 68 days on market
    • Price drop $15,000↓
Stylish Mid-Century Cottage with Modern Updates in Downtown Southern Pines! Discover the perfect blend of classic charm and contemporary convenience at 280 W Delaware Ave. This beautifully updated mid-century cottage boasts new LVT floors that seamlessly complement the original hardwood floors throughout the home. Step into the welcoming main living area highlighted by the warmth of the hardwood floors. Upstairs, new mini-split HVAC systems ensure optimal comfort, while newly installed windows enhance energy efficiency and aesthetic appeal. Renovated bathrooms feature modern finishes for a touch of luxury, while the removal of popcorn ceilings and stucco walls brings a fresh and modern ambiance to every room. Outside, the fully fenced yard provides a private oasis for outdoor enjoyment, perfect for hosting gatherings or relaxing in the serene Southern Pines setting. Located in downtown Southern Pines, you'll be within walking distance to a myriad of amenities and attractions, including shopping, dining, and entertainment. This is your opportunity to own a remarkable property that perfectly blends style and functionality. Schedule a showing today and experience the charm of Southern Pines living at 280 W Delaware Ave!

Details

Property type

Single Family Residence

Est. home value

$411,844

Lot size

0.23 acres

Price per sq ft

$278

Year built

1961

Price History

08/20/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455568

Price change
$425,000
-3.41%
07/29/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455568

Price change
$440,000
-2.22%
07/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100455568

Listed
$450,000
+100%

Schools & Community

Elementary school: 

Southern Pines Elementary

Middle school: 

Southern Pines Middle School

High school: 

Unknown

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

$180,851
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$210,149
Cash to seller
$180,851

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

August 2020

Original loan amount

$230,175

Est. remaining balance

$210,149

Interest rate

3.03%

Loan type

VA, 30 year

Seller

Jon Robert Sherman

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: 09/18/2024 at 9:25 PM

Listing updated: 08/20/2024 at 11:19 AM

Listed by: The Phillips Group, Village Properties of Pinehurst LLC Phone #: (910) 295-6300

MLS: NorthCarolinaRegional #100455568

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