tomo logo

$265,000

Beds
3
Baths
2.0
sq ft
1,683

503 Sherwood Drive, Sanford, NC 27330

503 Sherwood Drive

Sanford, NC 27330

  • Pending
Wonderful brick home in an established community less than 5 minutes from US-1. Some renovations and updates since 2020: New HVAC 2022, refrigerator 2025, water heater 2023, bathroom updates, all aluminum electrical wiring replaced. Spacious eat-in kitchen with bar seating. Large covered deck feels like another room and is perfect for outdoor entertaining. 3 bedrooms / 2 baths, living room and sunroom. Most of main living area has hardwood floors. The basement has a fireplace with interior/exterior entrances and is perfect for storage, fitness equipment or playroom. Kitchen has all appliances, tile backsplash and washer / dryer. There is a lovely out building with electricity for additional storage. Lot is almost an acre with fenced-in backyard. You will will love this very special home.

Details

Property type

Single Family Residence

Est. home value

$265,543

Lot size

0.92 acres

Price per sq ft

$158

Year built

1959

Annual property taxes

$2,733

Price History

03/03/2025
TriangleMLS

TriangleMLS #10078619

Pending
$265,000
02/26/2025
TriangleMLS

TriangleMLS #10078619

Listed
$265,000
+87.94%
02/05/2020
TriangleMLS

TriangleMLS #2281574

Sold
$141,000
+1.44%

Schools & Community

Elementary school: 

Lee - B T Bullock

Middle school: 

Lee - East Lee

High school: 

Lee - Lee

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

February 2020

Original loan amount

$126,900

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

James Ellis and Sherry Ellis

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: Pending/Under Contract

Tomo last checked: 03/12/2025 at 7:15 AM

Listing updated: 03/03/2025 at 5:50 PM

Listed by: Don Gomez, C-A-RE Realty Phone #: (704) 565-0689

MLS: TriangleMLS #10078619

TriangleMLS logo

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