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$395,000

Beds
2
Baths
2.0
sq ft
1,500

412 Millingport Lane, New London, NC 28127

412 Millingport Lane

New London, NC 28127

  • 73 days on market
Enjoy maintenance-free lock-&-leave living at 412 Millingport Lane! The home's open floorplan includes a vaulted ceiling over the kitchen & sunny dining area by a beautiful den with stone fireplace. A special sunroom along the back of the home can be flexible space for various uses. The home includes front & back porches, along with a cozy screened porch. Enjoy serene, private wooded views & the home's prime location, which is steps away from the community's beautiful walking trails. The cottage also features two primary suites & unfinished space in the attic that could become another bedroom & bathroom. The garage has room for storage. Enjoy Millingport's putting green, community day dock on Badin Lake & easy walk to Old North State Club amenities. Join the Club for access to its recently renovated championship golf course, pools, tennis/pickleball courts, dining & more!

Details

Property type

Single Family Residence

Est. home value

$314,448

Lot size

7,405.2 sq ft

Price per sq ft

$264

Year built

1998

Annual property taxes

$1,203

Monthly HOA fee

$440

Price History

10/11/2024
TriangleMLS

TriangleMLS #10057792

Listed
$395,000
+92.68%
05/14/2020
CanopyMLS

CanopyMLS #3527975

Sold
$205,000

Schools & Community

Elementary school: 

Montgomery County Schools

Middle school: 

Montgomery County Schools

High school: 

Montgomery County Schools

Community features: 

Clubhouse, Fitness Center, Gated, Golf, Sidewalks, Street Lights, Tennis Court(s)

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

$183,190
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$180,210
Cash to seller
$183,190

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

Seller’s Loan History

Lender

Uwharrie Bank

Loan start date

May 2020

Original loan amount

$198,850

Est. remaining balance

$180,210

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Coy M Patton and Skylar Greer

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: 12/24/2024 at 8:10 AM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Rob Brady, Uwharrie Point Realty Phone #: (336) 461-4492

MLS: TriangleMLS #10057792

TriangleMLS logo

Recently listed in New London