tomo logo

$405,000

Beds
3
Baths
2.0
sq ft
1,555

5515 Old Powell Road, Holly Springs, NC 27540

5515 Old Powell Road

Holly Springs, NC 27540

  • 16 days on market
Welcome to your new brick ranch home on nearly 3/4 of an acre with no HOA and minutes to Highway 55 in Holly Springs! This sun-filled, comfy home offers lots of (newer) windows, real hardwood floors, great livings spaces, large bedrooms and two full bathrooms. The recently completed stone fireplace wall with newer wood-burning FP and built-ins provides a cozy family/living room, while the formal area can work as a living or dining space, or both! Just off the big functional kitchen is a large laundry and pantry area with tons of storage. You'll really like the huge attached garage with plenty of room for storage and workshop space, and you'll really love the outside, with a large custom patio w/ pavers and Pergola for shade, plus the recent addition of a barn-style shed. If you like gardening and landscaping or just enjoying the land, there's lots and lots of open and flat yard space to do your thing. And with distant neighbors and a farm across the street, you'll enjoy your new oasis with privacy. Although there are some easy and minimal projects, with so many new and recent updates including a new refrigerator, water heater, breaker panel and outlets, newer roof, gutters, gutter guards and windows, this charming home is move-in ready today, and also ready for your personal touches. With so much space both inside and out, this lovely home is ready for lots of entertaining, or just hanging out and keeping it casual. Close to all, but you'd never know it even when hanging out in the yard.

Details

Property type

Single Family Residence

Est. home value

$385,584

Lot size

0.74 acres

Price per sq ft

$261

Year built

1970

Annual property taxes

$1,997.26

Price History

12/06/2024
TriangleMLS

TriangleMLS #10066228

Listed
$405,000
+102.5%
06/05/2017
TriangleMLS

TriangleMLS #2104557

Sold
$200,000
+67.71%
05/29/2002
TriangleMLS

TriangleMLS #604938

Sold
$119,250

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

$220,317
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$152,283
Cash to seller
$220,317

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

May 2017

Original loan amount

$179,000

Est. remaining balance

$152,283

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Robert Jordan Steinert and Julianne A Steinert

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?

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Status: Active

Tomo last checked: 12/23/2024 at 4:15 AM

Listing updated: 12/19/2024 at 12:49 PM

Listed by: Phillip Singer, Century 21 Southern Lifestyles Phone #: (919) 929-4032

MLS: TriangleMLS #10066228

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