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$475,000

Beds
3
Baths
1.5
sq ft
2,097

325 East Vermont Avenue, Southern Pines, NC 28387

325 East Vermont Avenue

Southern Pines, NC 28387

  • 3 days on market
Nestled in the heart of charming downtown Southern Pines, this quintessential cottage offers an idyllic lifestyle within easy strolling distance of the area's finest shops, dining, and entertainment. Adding significant value to this property is the fully furnished, detached income-producing ADU. This separate unit offers a fantastic opportunity for rental income. Step inside the main house and be greeted with wood floors throughout the main living spaces. The spacious living room serves as a warm and inviting hub, featuring a classic wood-burning fireplace perfect for cozy evenings. The updated kitchen boasts ample storage, granite countertops and stainless steel appliances. Adjacent to the living room, discover a charming Carolina room perfectly suited for a home office or versatile flex space. Ascend the stairs where the wood floors continue into the primary bedroom and comfortable guest bedroom. The primary bathroom was recently remodeled offering modern touches. This downtown cottage, complete with a valuable and currently income-producing unit, presents a rare opportunity to embrace the quintessential Southern Pines experience, offering both convenience, charm, and financial potential in an unbeatable location.

Details

Property type

Single Family Residence

Est. home value

$478,935

Lot size

8,276 sq ft

Price per sq ft

$227

Year built

1937

Annual property taxes

$2,434.8

HOA

No

Price History

04/05/2025
NorthCarolinaRegional

NorthCarolinaRegional #100499323

Listed
$475,000
+33.8%
08/26/2019
NorthCarolinaRegional

NorthCarolinaRegional #195023

Sold
$355,000
+26.79%
06/08/2016
NorthCarolinaRegional

NorthCarolinaRegional #173746

Sold
$280,000

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

$137,773
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$299,227
Cash to seller
$137,773

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2019

Original loan amount

$337,250

Est. remaining balance

$299,227

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

David J Arlington

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: 04/09/2025 at 7:40 AM

Listing updated: 04/05/2025 at 2:41 PM

Listed by: Stewart Thomas, Nexthome In The Pines Phone #: (864) 363-5798

MLS: NorthCarolinaRegional #100499323

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