tomo logo

$279,999

Beds
3
Baths
2.0
sq ft
1,669

347 Somerset Drive, Raeford, NC 28376

347 Somerset Drive

Raeford, NC 28376

  • 7 days on market
    • Price drop $1↓
*Sellers Offering $2,500 towards Buyers Closings Costs with an accepted offer ** Located just minutes from the Chicken Gate at Fort Liberty, this home offers convenience and privacy. The large fenced backyard backs up to a peaceful tree line and features a built-in doggie door—perfect for pet owners. Inside, the spacious primary bedroom boasts a unique textured wall, adding character to the space. Recent updates include refinished hardwood floors as well as a new HVAC in 2024. Enjoy the privacy of being deeper into the neighborhood, with NO HOA fees. Plus, you’ll be just a short drive from Fayetteville’s restaurants and shopping. Don’t miss out on this great opportunity!

Details

Property type

Single Family Residence

Est. home value

$265,744

Lot size

Unknown

Price per sq ft

$168

Year built

2003

HOA

No

Price History

01/20/2025
LongleafPine

LongleafPine #737297

Price change
$279,999
01/17/2025
LongleafPine

LongleafPine #737297

Listed
$280,000
+15.7%
12/15/2022
LongleafPine

LongleafPine #694706

Sold
$242,000
+59.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

East 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

$15,833
Asking price
$279,999
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$241,766
Cash to seller
$15,833

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

Seller’s Loan History

Lender

Cornerstone Home Lending

Loan start date

November 2022

Original loan amount

$247,566

Est. remaining balance

$241,766

Interest rate

6.66%

Loan type

VA, 30 year

Seller

Anthony Peter Williams

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: 01/22/2025 at 8:30 PM

Listing updated: 01/20/2025 at 11:38 AM

Listed by: CHRISI DANIELS, CAROLINA SUMMIT GROUP #1 Phone #: (910) 236-3030

MLS: LongleafPine #737297

LongleafPine logo

Recently listed in Raeford