tomo logo

$789,900

Beds
5
Baths
3.5
sq ft
3,390

5200 Lake Edge Drive, Holly Springs, NC 27540

5200 Lake Edge Drive

Holly Springs, NC 27540

  • 2 days on market
Nestled in the SUNSET RIDGE community, one of Holly Springs' most SOUGHT-AFTER AND VIBRANT neighborhoods, this IMPRESSIVE 2.5-story home offers a PERFECT BLEND of style, comfort, and functionality. The Sunset Ridge community features large wooded lots, tree lined streets, sidewalks, golf, swim and tennis (optional memberships) and the tranquility of nearby Bass Lake Park. Your SPACIOUS 5-bedroom, 4-bathroom home offers comfortable interior spaces for everyone, PLUS OUTDOOR LIVING at its best with VIEWS of the 6th green of Devil's Ridge GOLF COURSE, deck, GRASSY BACK YARD that can be fenced-in, plus raised garden beds, FIRE PIT and a lovely COVERED PORCH with EZ BREEZE WINDOWS. Like to entertain? The CUSTOM BONUS ROOM PUB with kegerator is a place to unwind and have some fun! The perfect hub for gatherings is created by the open area of the STYLISH kitchen and adjoining family room featuring a COZY FIREPLACE with gas logs. Breakfast nook, center island, granite countertops, abundant cabinets, walk-in pantry and STAINLESS appliances including a GAS RANGE are certain to please the home chef enthusiast. LUXORIOUS, site-finished hardwood floors create a seamless and ELEGANT flow, complemented by neutral paint tones that provide a canvas for personalization. The LARGE finished 3rd floor with full bath offers a use as a 5th bedroom, teen suite or fitness studio-YOU CHOOSE! Just minutes from downtown Holly Springs restaurants and shopping, nearby healthcare and easy access to RDU Airport and Greater Triangle employment centers make this Sunset Ridge home one not to miss!

Details

Property type

Single Family Residence

Est. home value

$792,903

Lot size

0.56 acres

Price per sq ft

$234

Year built

1992

Annual property taxes

$5,366.62

Monthly HOA fee

$22.92

Price History

07/02/2024
TriangleMLS

TriangleMLS #10020967

Removed
$789,900
07/02/2024
TriangleMLS

TriangleMLS #10038957

Listed
$789,900
06/13/2024
TriangleMLS

TriangleMLS #10020967

Price change
$789,900
-1.25%

Schools & Community

Elementary school: 

Wake - Holly Ridge

Middle school: 

Wake - Holly Ridge

High school: 

Wake - Holly Springs

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

$580,118
Asking price
$789,900
Closing costs (~8% of asking)
-$63,192
Est. remaining loan balance
-$146,590
Cash to seller
$580,118

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

September 2012

Original loan amount

$202,000

Est. remaining balance

$146,590

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Thomas C Lundin and Renee M Lundin

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: 07/05/2024 at 12:50 AM

Listing updated: 07/02/2024 at 11:44 AM

Listed by: Michelle C Miniutti, Grow Local Realty, LLC Phone #: (919) 830-5233

MLS: TriangleMLS #10038957

TriangleMLS logo

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