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$480,000

Beds
3
Baths
2.5
sq ft
1,575

540 Wellers Way, Southern Pines, NC 28387

540 Wellers Way

Southern Pines, NC 28387

  • 140 days on market
    • Price drop $10,000↓
Welcome to this charming cottage-style home located near downtown Southern Pines! This beautiful property features three bedrooms, all conveniently situated on the second floor for privacy and space. The fenced-in yard provides a safe and private outdoor oasis, perfect for entertaining or relaxing. Enjoy the convenience of a community pool and sidewalks for leisurely strolls. With the yard maintained by the HOA, you can spend more time enjoying your surroundings. Additionally, the one-car detached garage offers extra storage space and convenience. Don't miss out on this lovely home in a desirable location!

Details

Property type

Single Family Residence

Est. home value

$549,610

Lot size

Unknown

Price per sq ft

$305

Year built

2021

Monthly HOA fee

$195

Price History

08/30/2024
LongleafPine

LongleafPine #724826

Price change
$480,000
-2.04%
08/16/2024
LongleafPine

LongleafPine #724826

Price change
$490,000
-1.8%
07/29/2024
LongleafPine

LongleafPine #724826

Price change
$498,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Moore County Schools

High school: 

Pinecrest High School

Community features: 

Pool, Curbs, Sidewalks

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

$99,195
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$342,405
Cash to seller
$99,195

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

Seller’s Loan History

Lender

First Midwest Bank

Loan start date

June 2021

Original loan amount

$368,345

Est. remaining balance

$342,405

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Stephen Mouton and Chelsea Mouton

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: 09/18/2024 at 9:35 PM

Listing updated: 08/30/2024 at 6:27 PM

Listed by: ISABEL MORENO, LPT REALTY LLC Phone #: (877) 366-2213

MLS: LongleafPine #724826

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