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$238,385Estimated home value

Beds
3
Baths
2.0
sq ft
1,461

551 Hobson Road, Raeford, NC 28376

551 Hobson Road

Raeford, NC 28376

  • Sold On 6/3/2019
BE PREPARED TO BE STUNNED!! EXTREMELY WELL MAINTAINED RANCH HOME FEATURES 3 BEDROOMS, 2 FULL BATHS, OVERSIZED FINISHED BONUS ROOM, SPACIOUS OASIS OF A FENCED BACKYARD PERFECT FOR THOSE SUMMER BBQ'S. BEAUTIFUL LAMINATE WOOD FLOORING THROUGHOUT, TILE IN THE BATHROOMS. MASTER HAS DOUBLE VANITIES, SEPARATE TUB AND SHOWER, ROOMY WALK IN CLOSET. ENJOY EATING BREAKFAST IN YOUR NEW LIGHT AND BRIGHT KITCHEN WITH DESIRABLE WHITE CABINETS. DOUBLE GARAGE HOLDS 2 CARS NICELY. COVENIENTLY LOCATED NEAR CHICKEN GATE FOR EASE OF ACCESS TO FORT BRAGG, SHOPPING, DINING, AND JUST A QUICK DRIVE TO SOUTHERN PINES.

Details

Property type

Single Family Residence

Est. home value

$238,385

Lot size

0.46 acres

Price per sq ft

$96

Year built

2003

Price History

04/08/2025
LongleafPine

LongleafPine #740196

Removed
$230,000
03/13/2025
LongleafPine

LongleafPine #740196

Listed
$230,000
+64.4%
06/03/2019
TriangleMLS

TriangleMLS #LP604160

Sold
$139,900
+13.83%

Schools & Community

Elementary school: 

Upchurch Elementary

Middle school: 

East Hoke Middle School

High school: 

Hoke County 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

-$895
Asking price
$139,900
Closing costs (~8% of asking)
-$11,192
Est. remaining loan balance
-$129,603
Cash to seller
-$895

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

April 2021

Original loan amount

$142,474

Est. remaining balance

$129,603

Interest rate

2.97%

Loan type

VA, 29 year

Seller

Tranae Ronnesha Bussey and Eric Dion Bussey

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: Off Market

Tomo last checked: 04/10/2025 at 5:40 PM

Listing updated: 02/15/2024 at 11:06 AM

Listed by: MELANIE JONES, COLDWELL BANKER ADVANTAGE - FAYETTEVILLE Phone #: (910) 483-5353

MLS: LongleafPine #604160

LongleafPine logo

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