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$250,000

Beds
3
Baths
2.0
sq ft
2,715

5409 South Sumac Circle, Fayetteville, NC 28304

5409 South Sumac Circle

Fayetteville, NC 28304

  • <1 day on market
Welcome to this inviting brick ranch home, complete with an ADU for possible rental income! The front uncovered deck invites you inside to the spacious dining room features hardwood floors that flow throughout much of the home, leading you to a cozy living room with a propane fireplace and a skylight that fills the space with natural light. The kitchen is a chef's delight, offering granite countertops, recessed lighting, and laminate floors. A converted garage adds a versatile bedroom with closet storage, perfect for guests or a home office. The primary bedroom boasts a walk-in closet and is conveniently located near the guest bath, which includes a walk-in shower and its own closet for additional storage. and laundry room. A second full bath offers a tub/shower combination, and throughout the home, you'll find multiple linen closets for all your storage needs. Enjoy the outdoors with a private back patio, two storage sheds, and an exterior storage closet for all your tools and gear.

Details

Property type

Single Family Residence

Est. home value

$238,636

Lot size

0.26 acres

Price per sq ft

$93

Year built

1962

Annual property taxes

$2,446.47

Price History

11/19/2024
NorthCarolinaRegional

NorthCarolinaRegional #100476542

Listed
$250,000
+38.97%
08/03/2021
TriangleMLS

TriangleMLS #LP659981

Sold
$179,900

Schools & Community

Elementary school: 

J.W. Coon

Middle school: 

Ireland Drive

High school: 

Douglas Byrd

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

$59,024
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$170,976
Cash to seller
$59,024

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

August 2021

Original loan amount

$184,037

Est. remaining balance

$170,976

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Hannah Perrenot and Emiley Steiger

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: 11/19/2024 at 12:30 PM

Listing updated: 11/19/2024 at 10:12 AM

Listed by: Ashley Elaine Schaus, Keller Williams Pinehurst Phone #: (910) 600-3606

MLS: NorthCarolinaRegional #100476542

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