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$289,000

Beds
5
Baths
3.5
sq ft
2,280

331 North Magnolia Street, Raeford, NC 28376

331 North Magnolia Street

Raeford, NC 28376

  • 160 days on market
    • Price drop $5,000↓
Charming home in the heart of Raeford! This delightful property features a large family room beautiful hardwood floors, modern lighting & built-in wood shelving flanking the fireplace. The kitchen is equipped with granite & butcher block countertops, stainless steel appliances & spacious pantry/storage room w/built-in shelving. Laundry room includes a sink & cabinets. Enjoy formal meals in the dedicated dining room. The first-floor Primary suite offers an updated vanity & tiled shower/tub combo. There's also a first-floor guest bedroom with en-suite bath. A third downstairs bedroom, w/fireplace & built-ins, could serve as an office. Upstairs, find a bonus area w/ 2 more bedrooms & full bath. Relax on the screened front porch or the brick patio overlooking the fenced backyard, complete w/garden, koi pond & large custom-built chicken house. A single-car detached garage w/electricity is perfect for a workshop. Located just a 15-minute drive to Fort Liberty’s Chicken Road entrance.

Details

Property type

Single Family Residence

Est. home value

$342,846

Lot size

0.26 acres

Price per sq ft

$127

Year built

1927

Price History

12/19/2024
LongleafPine

LongleafPine #728597

Price change
$289,000
-1.7%
12/01/2024
LongleafPine

LongleafPine #728597

Price change
$294,000
-1.67%
10/17/2024
LongleafPine

LongleafPine #728597

Price change
$299,000
-2.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

West Hoke Middle School

High school: 

Hoke County High School

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

$15,880
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$250,000
Cash to seller
$15,880

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

August 2021

Original loan amount

$269,360

Est. remaining balance

$250,000

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Ryan A Jones

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: 12/23/2024 at 1:05 AM

Listing updated: 12/19/2024 at 9:48 AM

Listed by: Q MEJIAS, KELLER WILLIAMS REALTY (FAYETTEVILLE) Phone #: (910) 222-2800

MLS: LongleafPine #728597

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