tomo logo

$220,000

Beds
3
Baths
2.0
sq ft
1,591

5206 Southport Road, Fayetteville, NC 28311

5206 Southport Road

Fayetteville, NC 28311

  • 28 days on market
    • Price drop $20,000↓
This 3-bedroom, 2-bath brick ranch is situated on nearly half an acre in the north side of Fayetteville. Inside, the home features a formal dining room and a formal living room, offering versatile spaces perfect for a home office or flex use. The cozy family room is anchored by a wood-burning fireplace, creating a warm and inviting atmosphere. Outdoors, the spacious backyard is ideal for entertaining, with a deck perfect for gatherings and a convenient shed providing ample storage. Combining classic design with functional living spaces, this property offers both comfort and potential. No permits were pulled for any updates. See documents for utility easement at back of yard. Welcome Home! AGENTS-not a member of MLS? Call Showing Time for access/disclosures.

Details

Property type

Single Family Residence

Est. home value

$226,302

Lot size

0.46 acres

Price per sq ft

$139

Year built

1973

Price History

01/06/2025
LongleafPine

LongleafPine #736488

Price change
$220,000
-8.33%
12/31/2024
LongleafPine

LongleafPine #736488

Listed
$240,000
+20%
09/02/2022
TriangleMLS

TriangleMLS #LP682517

Sold
$200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Spring Lake Middle School

High school: 

Pine Forest Senior High

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

$9,763
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$192,637
Cash to seller
$9,763

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

July 2022

Original loan amount

$200,000

Est. remaining balance

$192,637

Interest rate

5.23%

Loan type

VA, 30 year

Seller

Tony Lopez and Gabrielle M Chavis

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: 01/29/2025 at 12:55 AM

Listing updated: 01/06/2025 at 3:28 PM

Listed by: WELCOME HOME TEAM, KELLER WILLIAMS REALTY (FAYETTEVILLE) Phone #: (910) 222-2800

MLS: LongleafPine #736488

LongleafPine logo

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