tomo logo

$365,000

Beds
3
Baths
2.5
sq ft
1,497

505 Gumview Circle, Fuquay Varina, NC 27526

505 Gumview Circle

Fuquay Varina, NC 27526

  • 43 days on market
****Back on the market due to no fault of the seller. Buyer financing fell through**** Welcome home to this stunning 3-bedroom, 2.5-bathroom residence, complete with a 2-car garage and nestled in a peaceful cul-de-sac. Step inside to be greeted by an abundance of natural light filling your living room. The gorgeous kitchen boasts granite countertops, stainless steel appliances, raised panel cabinets, tile flooring, and a walk-in pantry. Back on the market due to no fault of the seller. Buyer's financing fell through. Upstairs, you can retreat to your lovely primary suite featuring a walk-in closet and an en-suite bath with a relaxing tub/shower and double vanity. There are also two spacious bedrooms, a full bath, and a separate laundry room. Outside, you can unwind and enjoy the privacy of your fenced-in yard—the perfect space for relaxation and outdoor fun. Walking distance to downtown Fuquay, Fleming Loop Recreational and South Park.

Details

Property type

Single Family Residence

Est. home value

$361,377

Lot size

5,227.2 sq ft

Price per sq ft

$244

Year built

2012

Annual property taxes

$2,980.1

Monthly HOA fee

$26.67

Price History

11/14/2024
TriangleMLS

TriangleMLS #10057537

Listed
$365,000
11/02/2024
TriangleMLS

TriangleMLS #10057537

Pending
$365,000
10/10/2024
TriangleMLS

TriangleMLS #10057537

Listed
$365,000
+78.05%

Schools & Community

Elementary school: 

Wake - Lincoln Height

Middle school: 

Wake - Holly Grove

High school: 

Wake - Fuquay Varina

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

$164,473
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$171,327
Cash to seller
$164,473

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

Seller’s Loan History

Lender

North State Bank

Loan start date

May 2017

Original loan amount

$201,286

Est. remaining balance

$171,327

Interest rate

4.1%

Loan type

FHA, 30 year

Seller

Wilson Chance Hinchman and Sarah Yvonne Hinchman

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 11:05 PM

Listing updated: 11/16/2024 at 3:40 PM

Listed by: Terry Eugene Robinson, Keller Williams Realty Phone #: (919) 676-0600

MLS: TriangleMLS #10057537

TriangleMLS logo

Recently listed in Fuquay Varina