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$550,000

Beds
2
Baths
2.5
sq ft
2,864

5 Laurel Forest Drive, Horse Shoe, NC 28742

5 Laurel Forest Drive

Horse Shoe, NC 28742

  • 3 days on market
NO HELENE DAMAGE Well-maintained home offering flexible living for a primary residence, rental, or multi-generational setup. Located a mile from the Ecusta Trail, with no HOA. The standout feature is the one-bedroom apartment with a private entrance, a full kitchen, living room, and bathroom, making it ideal for extended family, guests, or generating rental income. This home features hardwood and tile throughout (NO CARPET), plenty of storage, and adaptable spaces. The upper level boasts an open kitchen, dining, and living area with a wood-burning fireplace, grilling porch, and fenced side yard. The expansive primary suite has a sitting area, walk-in closet, and bath. On the lower level, discover two additional rooms that offer flexibility for a variety of uses—perfect as offices, creative spaces, or guest rooms. On over an acre of land, offering privacy, parking, chicken coop/garden shed, plant beds, & storage building. Don’t miss out on this opportunity to live where you love!

Details

Property type

Single Family Residence

Est. home value

$461,761

Lot size

Unknown

Price per sq ft

$193

Year built

1987

Price History

11/19/2024
CanopyMLS

CanopyMLS #4198481

Listed
$550,000
+71.88%
09/24/2021
CanopyMLS

CanopyMLS #3747736

Sold
$320,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

None

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

$216,972
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$289,028
Cash to seller
$216,972

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

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

September 2021

Original loan amount

$310,400

Est. remaining balance

$289,028

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Jason Belton Burgess

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: 11/22/2024 at 9:15 PM

Listing updated: 11/19/2024 at 1:44 PM

Listed by: Jacob Wike, Nexus Realty LLC Phone #: (828) 585-2188

MLS: CanopyMLS #4198481

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Recently listed in Horse Shoe