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$325,000

Beds
3
Baths
2.0
sq ft
1,921

506 Cross Street, Sanford, NC 27330

506 Cross Street

Sanford, NC 27330

  • 22 days on market
This beautifully renovated 3-bedroom, 2-bathroom home boasts extensive upgrades, ensuring both comfort and peace of mind. Initial remodeling was completed in 2021, with significant improvements made in 2022:Replaced the water main line from the road to the house. Upgraded the hot water heater for improved functionality and energy efficiency. Installed a new sump pump. Added a vapor barrier in the crawl space and sealed vents for better insulation and moisture control. Enhanced the crawl space by replacing and adding additional supports, ensuring structural integrity. Replaced the retaining wall. Installed a dehumidifier in the crawl space to maintain optimal humidity levels. Removed old oil tanks from the crawl space. Installed a French drain to ensure water flows away from the home.With these recent improvements, this home is ready to provide comfortable living spaces and long-term durability. ATTENTION!:4.125% Interest rate on VA LOAN Assumption. these recent improvements, this home is ready to provide comfortable living spaces and long-term durability. ATTENTION!:4.125% Interest rate on VA LOAN Assumption.

Details

Property type

Single Family Residence

Est. home value

$316,399

Lot size

Unknown

Price per sq ft

$170

Year built

1950

Price History

06/12/2024
TriangleMLS

TriangleMLS #LP727161

Listed
$325,000
+3.17%
03/15/2022
TriangleMLS

TriangleMLS #2415292

Sold
$315,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Lee - Lee

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

-$12,256
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$311,256
Cash to seller
-$12,256

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

Seller’s Loan History

Lender

Colten Mortgage

Loan start date

March 2022

Original loan amount

$326,340

Est. remaining balance

$311,256

Interest rate

3.45%

Loan type

VA, 30 year

Seller

Joshua Adam Hood

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: 07/04/2024 at 11:20 PM

Listing updated: 06/14/2024 at 12:03 PM

Listed by: MARK HORTON, EXP REALTY LLC Phone #: (216) 469-8301

MLS: TriangleMLS #LP727161

TriangleMLS logo

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