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$300,000

Beds
3
Baths
2.0
sq ft
1,478

402 Sterling Ridge Drive, Archdale, NC 27263

402 Sterling Ridge Drive

Archdale, NC 27263

  • 2 days on market
    • Open house Feb 23
This magnificent one-level home is in Archdale's Sterling Ridge subdivision! It features the popular open floor plan with a split bedroom layout, including vinyl plank flooring throughout the living room, kitchen, and bedrooms. The kitchen features stainless steel appliances, a pantry, and a laundry/mud room just off the kitchen! Your backyard has a privacy fence and a wonderful deck for those cookouts. This style of home also features a side-entrance garage for easier accessibility. America' Preferred Home Warranty Provided. This home also qualifies for USDA 100% Financing - a fantastic opportunity!

Details

Property type

Single Family Residence

Est. home value

$277,735

Lot size

0.23 acres

Price per sq ft

$203

Year built

1999

Annual property taxes

$2,453

Price History

02/20/2025
TriadMLS

TriadMLS #1170694

Listed
$300,000
+11.11%
04/24/2023
TriadMLS

TriadMLS #1095270

Sold
$270,000
+86.21%
04/28/2016
TriadMLS

TriadMLS #785286

Sold
$145,000
+11.62%

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

$24,902
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$251,098
Cash to seller
$24,902

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

April 2023

Original loan amount

$256,500

Est. remaining balance

$251,098

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

April Marie Hughes

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: 02/23/2025 at 1:00 PM

Listing updated: 02/21/2025 at 12:36 PM

Listed by: Pam Welborn, Keller Williams Realty Phone #: (336) 253-4667

MLS: TriadMLS #1170694

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