tomo logo

$515,000

Beds
5
Baths
3.0
sq ft
3,184

520 East South Street, Aberdeen, NC 28315

520 East South Street

Aberdeen, NC 28315

  • 41 days on market
    • Price drop $10,000↓
Welcome Home to Aberdeen! Step inside this beautifully spacious 5-bedroom, 3-bath haven, where comfort meets convenience. With a guest suite on the main floor, this home was thoughtfully designed for hosting. The open-concept living area flows seamlessly, offering space for connection while still maintaining a cozy, inviting feel. You’ll love the formal dining room for special gatherings, a charming breakfast nook for casual mornings, and a large kitchen island perfect for meals, conversation, or your favorite charcuterie spread. Love natural light? This home is bathed in it! A sunroom just off the living space offers the perfect spot for an office, reading nook, or creative retreat. Upstairs, you’ll find four more spacious bedrooms, including the primary suite, with a conveniently located laundry room just steps away. Need even more space? The third-floor unfinished attic is brimming with potential ready for you to customize into whatever suits your lifestyle. Enjoy peaceful mornings or evenings on your screened-in porch, and when you’re ready to explore, you’re just a short stroll from downtown Aberdeen. Walk to the park, grab a coffee, or meet friends at a local brewery or restaurant all within minutes from your front door. This home isn’t just a place to live; it’s a place to thrive.

Details

Property type

Single Family Residence

Est. home value

$500,806

Lot size

Unknown

Price per sq ft

$162

Year built

2021

Price History

11/27/2024
LongleafPine

LongleafPine #731593

Price change
$515,000
-1.9%
11/12/2024
LongleafPine

LongleafPine #731593

Listed
$525,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Southern Middle School

High school: 

Pinecrest High School

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

$96,948
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$376,852
Cash to seller
$96,948

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

February 2023

Original loan amount

$385,320

Est. remaining balance

$376,852

Interest rate

6.27%

Loan type

VA, 30 year

Seller

Colin M Borgus and Nicole Borgus

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: 12/23/2024 at 10:25 AM

Listing updated: 11/27/2024 at 10:08 AM

Listed by: LINDSEY SIEVERS, PINELAND PROPERTY GROUP, LLC. Phone #: (910) 690-3077

MLS: LongleafPine #731593

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