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$409,900

Beds
4
Baths
2.5
sq ft
2,558

367 Falling Water Road, Spring Lake, NC 28390

367 Falling Water Road

Spring Lake, NC 28390

  • 206 days on market
    • Price drop $10,000↓
    • Open house Feb 23
This beautiful 4-bedroom home is located inside the sought-after gated community of Anderson Creek Club. The main floor features elegant hardwood floors and plantation shutters throughout, adding a touch of sophistication. Upon entering, you'll find a versatile flex room to the right—ideal for an office or additional living space. To the left is the formal dining room, which seamlessly leads into the spacious kitchen, complete with granite countertops, a breakfast nook, and plenty of cabinetry for storage. The living room is a highlight, featuring a cozy fireplace and soaring two-story ceilings that add to the open and airy atmosphere. Upstairs, all four bedrooms are located on the second level. The master suite is a true retreat with a trey ceiling, a luxurious master bath featuring dual vanities, a separate garden tub, and a walk-in shower. There’s even an unfinished storage area with windows—offering potential for further customization. The three additional bedrooms are generously sized and come with ceiling fans for added comfort. A full hall bath completes the second floor. Step outside to the fully fenced backyard, perfect for entertaining or enjoying outdoor activities. The HVAC system has been upgraded to support two additional trunk systems on the second level, ensuring efficient climate control throughout the home.

Details

Property type

Single Family Residence

Est. home value

$384,417

Lot size

Unknown

Price per sq ft

$161

Year built

2005

Monthly HOA fee

$261

Price History

10/29/2024
TriangleMLS

TriangleMLS #LP729890

Price change
$409,900
-2.38%
08/01/2024
TriangleMLS

TriangleMLS #LP729890

Listed
$419,900
+19.97%
10/31/2022
TriangleMLS

TriangleMLS #LP692374

Sold
$350,000
+25.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$159,243
Asking price
$409,900
Closing costs (~8% of asking)
-$32,792
Est. remaining loan balance
-$217,865
Cash to seller
$159,243

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2022

Original loan amount

$225,000

Est. remaining balance

$217,865

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Terry Wayne Packer

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: 02/23/2025 at 2:50 PM

Listing updated: 02/20/2025 at 10:35 AM

Listed by: CHARLES FENNELL, COLDWELL BANKER ADVANTAGE - FAYETTEVILLE Phone #: (910) 483-5353

MLS: TriangleMLS #LP729890

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