tomo logo

$469,900

Beds
3
Baths
2.5
sq ft
1,362

550 Wellers Way, Southern Pines, NC 28387

550 Wellers Way

Southern Pines, NC 28387

  • 115 days on market
    • Price drop $19,000↓
Like-new home in The Cottages on May! This community offers greenspace, walking trails, Clubhouse, picnic and outdoor eating spaces, playground and pool. This home offers a popular floor plan with kitchen, dining, living and laundry space w/half bath on the main level and the primary suite w/ bath and two guest rooms and bath upstairs. The kitchen is well appointed with SS appliances, quartz countertops, and large island. Outside you have options! The front and back covered porches offer room to lounge, a nice sized fenced in backyard, and 1 car garage/storage building. The HOA covers the lawn maintenance of the home, so you never have to worry about mowing your yard or pruning the shrubs!Navy Federal assumable VA 2.5% 30 year loan available.

Details

Property type

Single Family Residence

Est. home value

$488,589

Lot size

Unknown

Price per sq ft

$346

Year built

2021

Monthly HOA fee

$195

Price History

09/09/2024
LongleafPine

LongleafPine #728761

Price change
$469,900
-3.89%
08/28/2024
LongleafPine

LongleafPine #728761

Price change
$488,900
-2%
07/16/2024
LongleafPine

LongleafPine #728761

Listed
$498,900
+51.64%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Crains Creek 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

$118,663
Asking price
$469,900
Closing costs (~8% of asking)
-$37,592
Est. remaining loan balance
-$313,645
Cash to seller
$118,663

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

August 2021

Original loan amount

$336,567

Est. remaining balance

$313,645

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Katherine Gorski

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: 11/08/2024 at 9:25 AM

Listing updated: 10/29/2024 at 5:09 PM

Listed by: AUDREY WIGGINS, BH&G REAL ESTATE - LIFESTYLE PROPERTY PARTNERS Phone #: (910) 315-3032

MLS: LongleafPine #728761

LongleafPine logo

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