tomo logo

$990,000

Beds
4
Baths
3.0
sq ft
3,013

3885 Big Magnolia Way, Southport, NC 28461

3885 Big Magnolia Way

Southport, NC 28461

  • 71 days on market
    • Price drop $89,000↓
Like-new modern farmhouse in the beautiful and convenient Grove neighborhood of St James Plantation. Meticulously cared for, this home shows like a model home. The entire first floor has beautiful engineered hardwood plank floors throughout the living areas and bedrooms. Natural sunlight abounds in this home. You will find a private office with French doors and two guest bedrooms that share a full bathroom. Continue through the foyer to the comfortable, open living space. The modern farmhouse kitchen is a chef's delight, perfect for entertaining. Vaulted ceilings, built-ins, and an elevated fireplace complete the custom look. The downstairs continues to delight with a screened porch, spacious master suite with a walk-in closet and modern master bath. Upstairs you will find another bedroom with private ensuite bath and a bonus room for your hobbies. Ample walk-in storage is also a plus for this gem. Outside, this home offers the curb appeal we all look for. The garage is behind the home, fed through a small POA-maintained entrance. This offers a wide, green front yard with no garage or driveway to steal that beautiful look. Hurry and make it yours!

Details

Property type

Single Family Residence

Est. home value

$841,812

Lot size

0.28 acres

Price per sq ft

$329

Year built

2021

Annual property taxes

$2,540.31

HOA fee

$1,120

Price History

10/09/2024
NorthCarolinaRegional

NorthCarolinaRegional #100465994

Price change
$990,000
-8.25%
09/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100465994

Listed
$1,079,000
+72.64%
10/14/2021
NorthCarolinaRegional

NorthCarolinaRegional #100265891

Sold
$625,000

Schools & Community

Elementary school: 

Virginia Williamson

Middle school: 

South Brunswick

High school: 

South Brunswick

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

$537,918
Asking price
$990,000
Closing costs (~8% of asking)
-$79,200
Est. remaining loan balance
-$372,882
Cash to seller
$537,918

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

Seller’s Loan History

Lender

Homeowners Financial Group Usa Llc

Loan start date

October 2021

Original loan amount

$400,000

Est. remaining balance

$372,882

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Steve D Knudson and Michele D Knudson

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: 11/23/2024 at 6:50 AM

Listing updated: 11/09/2024 at 9:37 AM

Listed by: Hoke Flynt, St James Properties LLC Phone #: (910) 253-3001

MLS: NorthCarolinaRegional #100465994

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