tomo logo

$420,000

Beds
3
Baths
2.0
sq ft
1,920

503 Kerr Lake Road, Aberdeen, NC 28315

503 Kerr Lake Road

Aberdeen, NC 28315

  • 18 days on market
VA Assumption, read to the bottom. Experience effortless living in Legacy Lakes! This stunning 3-bedroom, 2-bathroom home is perfectly situated in the heart of this prestigious, amenity-rich community. Designed with a functional split floor plan, it offers both comfort and style. Step inside to a welcoming foyer that leads to two spacious bedrooms and a full bathroom. As you move further in, you'll discover a charming dining area with elegant tray ceilings, a bright and airy living room featuring a cozy fireplace, and seamless access to the back patio. The kitchen is a chef's dream, boasting sleek granite countertops, a stylish backsplash, stainless steel appliances, ample pantry and storage space, a beautiful island, and a cozy breakfast nook. Retreat to the master suite, where vaulted ceilings, plush carpeting, and abundant natural light create a peaceful oasis. The en-suite bathroom is equally impressive, featuring dual vanities, a standalone shower, a relaxing garden tub, and a spacious walk-in closet that conveniently connects to the laundry room and mudroom. Additional highlights include a built-in bench with cubbies, a 70 sq. ft. storage room, and a generous two-car garage. Wake up to the beauty of spring in this exceptional Kerr Lake home! Enjoy all the outstanding amenities Legacy Lakes has to offer, including a community pool, clubhouse, jogging trails, tennis courts, playgrounds, and more. Please Read! This home features an assumable VA Loan with an attractive 2.75 percent interest rate for VA Eligible Buyers as the seller would like to maintain entitlement. Loan Info: Mortgage Balance: Around $287,871; Payment Amount: $1,715.05, Lender: Freedom Mortgage. Recommend buyer agreeing to renting @ $2,500/month during Assumption Period.

Details

Property type

Single Family Residence

Est. home value

$426,607

Lot size

8,668 sq ft

Price per sq ft

$219

Year built

2020

HOA fee

$1,500

Price History

03/19/2025
NorthCarolinaRegional

NorthCarolinaRegional #100495329

Listed
$420,000
+34.87%
11/13/2020
NorthCarolinaRegional

NorthCarolinaRegional #201223

Sold
$311,416

Schools & Community

Elementary school: 

Aberdeeen Elementary

Middle school: 

Southern Middle

High school: 

Pinecrest High

Community features: 

Pool

High school district: 

Moore County Schools

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

$99,367
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$287,033
Cash to seller
$99,367

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

Seller’s Loan History

Lender

Vision Lending Services Llc

Loan start date

November 2020

Original loan amount

$318,578

Est. remaining balance

$287,033

Interest rate

2.87%

Loan type

VA, 30 year

Seller

Matthew Wilder

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: 04/07/2025 at 12:30 AM

Listing updated: 04/05/2025 at 6:26 PM

Listed by: Meese Property Group, Meese Property Group, LLC Phone #: (910) 603-0810

MLS: NorthCarolinaRegional #100495329

NorthCarolinaRegional logo

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