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$386,268Estimated home value

Beds
4
Baths
3.0
sq ft
2,536

5708 Election Oak Drive, High Point, NC 27265

5708 Election Oak Drive

High Point, NC 27265

  • Sold On 3/15/2025
Welcome home to this 4-bedroom, 3-bath beauty in Laurel Oak Ranch. Step inside to discover an abundance of natural light highlighting the new (2023) LVP flooring that flows throughout the main living area. The updated kitchen (2023) features new custom cabinets, quartz countertops, & a tile backsplash. The living room offers a cozy gas log fireplace, perfect for relaxing evenings. The main floor also includes a dining room and a bedroom w/ a full bath. Upstairs, retreat to the primary suite, where you’ll find a fully renovated (2024) primary bath, complete w/ new tile flooring, a tiled shower, new cabinets with quartz countertops, a luxurious soaking tub & a large walk in closet. Also on the second floor are two additional bedrooms, a full bath, & the laundry room. Outside, enjoy your morning coffee on the charming front porch or unwind on the stamped concrete patio. The HOA includes a pool, playground, walking trails, tennis courts, & clubhouse access.

Details

Property type

Single Family Residence

Est. home value

$386,268

Lot size

0.29 acres

Price per sq ft

$158

Year built

2005

Annual property taxes

$3,148

Monthly HOA fee

$34

Price History

03/14/2025
TriadMLS

TriadMLS #1170473

Sold
$407,500
+2%
02/27/2025
TriadMLS

TriadMLS #1170473

Pending
$399,500
02/26/2025
TriadMLS

TriadMLS #1170473

Listed
$399,500
+85.9%

Schools & Community

Elementary school: 

Wallburg

Middle school: 

Ledford

High school: 

Ledford

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

$234,901
Asking price
$399,500
Closing costs (~8% of asking)
-$31,960
Est. remaining loan balance
-$132,639
Cash to seller
$234,901

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2020

Original loan amount

$180,700

Est. remaining balance

$132,639

Interest rate

2.56%

Loan type

New Conventional, 15 year

Seller

William A Watlington and Jamey P Watlington

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: Off Market

Tomo last checked: 04/05/2025 at 9:05 PM

Listing updated: 03/15/2025 at 3:28 PM

Listed by: Shannon W. Bruins, Keller Williams Realty Phone #: (336) 253-4667

MLS: TriadMLS #1170473

TriadMLS logo

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