tomo logo

$229,900

Beds
3
Baths
2.0
sq ft
2,100

50 Otto Road, Lillington, NC 27546

50 Otto Road

Lillington, NC 27546

  • Pending
    • Price drop $7,000↓
BIG PRICE REDUCTION and up to 2500 in closing cost assistance with accepted offer. Ready to move in and get ready for spring in your new place! This spacious manufactured home includes many updates and a permitted on site built addition that brings total square footage to 2100. Situated in a quiet community on over half an acre lot and no city taxes. There is a LR with wood burning fireplace and built in shelves along with a den doe loads of family living space. The kitchen sparkles with lovely countertops, cabinets, stainless appliances including refrigerator and eat in kitchen island/bar. Recent improvements include all new windows and vinyl siding and pergo flooring. The PBR suite features a large walk in closet, garden tub, separate shower and double vanity. Great for kids and pets is the fully fenced back yard with above ground pool, carport and storage shed so plenty of space for fun, gardening and other outdoor pursuits. Public water, septic in front yard with house set back for privacy. Cherokee Ridge is a popular country style neighborhood but close to grocery store and schools.

Details

Property type

Manufactured On Land

Type

Double Wide, See Remarks

Est. home value

$131,064

Property condition

Updated/Remodeled

Lot size

0.53 acres

Price per sq ft

$110

Year built

2006

Annual property taxes

$1,045.14

Price History

03/31/2025
TriangleMLS

TriangleMLS #10076616

Pending
$229,900
03/25/2025
TriangleMLS

TriangleMLS #10076616

Price change
$229,900
-2.95%
03/08/2025
TriangleMLS

TriangleMLS #10076616

Price change
$236,900
-1.25%

Schools & Community

Elementary school: 

Harnett - Anderson Creek

Middle school: 

Harnett - West Harnett

High school: 

Harnett - West Harnett

High school district: 

Harnett - West Harnett

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

$155,873
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$55,635
Cash to seller
$155,873

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

Seller’s Loan History

Lender

Freedom Mortgage

Loan start date

February 2017

Original loan amount

$72,841

Est. remaining balance

$55,635

Interest rate

4.16%

Loan type

FHA, 24 year

Seller

Douglas Courtright and Brandi Courtright

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?

Similar Homes Nearby

Price drop
TriangleMLS
$242,800
3 bd
|
2 ba
|
2,103 sq ft
|
Manufactured

88 Pine Needles Drive, Lillington, NC 27546

TriangleMLS
$228,000
3 bd
|
2 ba
|
1,404 sq ft
|
Manufactured

190 Pine Oak, Cameron, NC 28326

Price drop
TriangleMLS
$207,900
3 bd
|
2 ba
|
1,519 sq ft
|
Manufactured

20 South Kelly Court, Lillington, NC 27546

Status: Pending/Under Contract

Tomo last checked: 04/03/2025 at 12:10 AM

Listing updated: 03/31/2025 at 12:16 AM

Listed by: Kathy King, Advantage Realty Group Inc Phone #: (336) 516-1237

MLS: TriangleMLS #10076616

TriangleMLS logo

Recently listed in Lillington