tomo logo

$525,000

Beds
3
Baths
2.5
sq ft
2,265

316 Russ Road, Smithfield, NC 27577

316 Russ Road

Smithfield, NC 27577

  • Pending
This contemporary plan located on a large secluded, wooded lot has been completely transformed with new interior paint, flooring throughout, plumbing and electrical fixtures, tile backsplash and granite countertops. Roof replaced in 2022. This unique floor-plan boasts tons of natural light, expansive space with unique secondary rooms the offer up a potential for a variety for different uses. Use the secondary loft for a craft room, office space or storage while the main loft open to the kitchen is perfect for a bonus or game room. The 560 square foot sunroom with large fireplace is located off the kitchen and perfect for additional living and dining space while looking out the windows at the beautiful, wooded view. The primary suite on the first floor has an abundance of storage with dual closets, while the secondary bedrooms upstairs are well lit and have an abundance of space. Bedroom 3 even has a neat loft with ladder for a reading nook. Schedule your showing today! Seller is licensed real estate agent and has never lived in the property.

Details

Property type

Single Family Residence

Est. home value

$411,124

Property condition

Updated/Remodeled

Lot size

1.22 acres

Price per sq ft

$232

Year built

1996

Annual property taxes

$1,960.04

Price History

03/21/2025
TriangleMLS

TriangleMLS #10078175

Pending
$525,000
02/24/2025
TriangleMLS

TriangleMLS #10078175

Listed
$525,000
+38.16%
12/11/2020
TriangleMLS

TriangleMLS #2351929

Sold
$380,000

Schools & Community

Elementary school: 

Johnston - Polenta

Middle school: 

Johnston - Swift Creek

High school: 

Johnston - Cleveland

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

$208,198
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$274,802
Cash to seller
$208,198

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

Seller’s Loan History

Lender

First Heritage Mortgage Llc

Loan start date

December 2020

Original loan amount

$304,000

Est. remaining balance

$274,802

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Ronald Raymond Jensen and Erika Lee Penny

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: 04/04/2025 at 8:50 AM

Listing updated: 03/21/2025 at 9:26 PM

Listed by: Sydney Smith, HomeTowne Realty Phone #: (919) 550-7355

MLS: TriangleMLS #10078175

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