tomo logo

$368,900

Beds
4
Baths
3.0
sq ft
3,108

40 Sedgefield Lane, Spring Lake, NC 28390

40 Sedgefield Lane

Spring Lake, NC 28390

  • 194 days on market
    • Price drop $100↓
Imagine spending cozy winter evenings by the fireplace or hosting holiday gatherings in this open and inviting space! Come see this spacious 4-bedroom, 3-bath home with lake views less than 1 mile from Over hills High School, Middle School and Elementary School. Scenic walking trails and playground close by. This home features a secondary bedroom on the main floor, den and a formal dining room with coffered ceilings. Upstairs, all rooms boast cathedral ceilings, including bonus/theater room and conveniently located laundry room. Kitchen includes a walk-in pantry and marble tile flooring added in 2022. Recent updates in 2022 include a new hot water heater, all-new carpet, updated upstairs secondary bath, new ceiling fans throughout, all new windows and storm/screen doors, a new garage door motor, and luxury vinyl plank (LVP) flooring in the kitchen nook. Relax on the covered front porch or the rear patio. $2500 towards closing costs w/ preferred Lender, Jason Brooks (910) 920-7283.

Details

Property type

Single Family Residence

Est. home value

$352,564

Lot size

Unknown

Price per sq ft

$119

Year built

2009

Monthly HOA fee

$16.67

Price History

01/08/2025
LongleafPine

LongleafPine #728592

Price change
$368,900
-0.03%
12/03/2024
LongleafPine

LongleafPine #728592

Price change
$369,000
-0.27%
10/10/2024
LongleafPine

LongleafPine #728592

Price change
$370,000
-0.27%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Overhills Middle School

High school: 

Overhills Senior High

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

$51,421
Asking price
$368,900
Closing costs (~8% of asking)
-$29,512
Est. remaining loan balance
-$287,967
Cash to seller
$51,421

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 Inc

Loan start date

March 2022

Original loan amount

$305,250

Est. remaining balance

$287,967

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Summer Rose Fore

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 5:10 PM

Listing updated: 01/08/2025 at 6:18 PM

Listed by: CHERYL CRIST, ADCOCK REAL ESTATE SERVICES Phone #: (919) 775-5444

MLS: LongleafPine #728592

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