tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
2,059

5745 Spence Farm Road, Holly Springs, NC 27540

5745 Spence Farm Road

Holly Springs, NC 27540

  • Coming soon
Welcome home to this beautifully updated gem with no HOA! Featuring a spacious fenced backyard and a large deck, it's perfect for outdoor entertaining. Recent updates include refinished hardwood floors throughout the main, fresh paint, white cabinetry, modern lighting, new carpeting, and luxury flooring in the baths. The inviting open floor plan includes a grand foyer, a cozy fireplace and ceiling fan in the living room, and a formal dining area for special gatherings.The open kitchen offers a charming breakfast nook, plenty of cabinetry and plenty of space for friends and family! The primary suite boasts a vaulted ceiling, new ceiling fan, double vanity, water closet, and a freestanding shower. All bedrooms are generously sized with ample closet space, and you'll love the versatility of the bonus room for extra living or office space. With a large two-car garage and plenty of additional parking, this home has it all. Don't miss out—schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$473,053

Lot size

0.69 acres

Price per sq ft

$268

Year built

1998

Annual property taxes

$2,797.44

Price History

02/04/2025
TriangleMLS

TriangleMLS #10047969

Sold
$375,000
-6.25%
01/24/2025
TriangleMLS

TriangleMLS #10047969

Pending
$400,000
01/02/2025
TriangleMLS

TriangleMLS #10047969

Price change
$400,000
-2.42%

Schools & Community

Elementary school: 

Wake - Buckhorn Creek

Middle school: 

Wake - Fuquay Varina

High school: 

Wake - Fuquay Varina

Community features: 

None

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

$408,241
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$97,759
Cash to seller
$408,241

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

September 2006

Original loan amount

$159,000

Est. remaining balance

$97,759

Interest rate

6.55%

Loan type

Not Provided, 30 year

Seller

Glenda G Snow

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?

Similar Homes Nearby

TriangleMLS
$415,000
3 bd
|
2.5 ba
|
1,691 sq ft
|
House

104 Harvolly Drive, Holly Springs, NC 27540

Price drop
TriangleMLS
$425,000
3 bd
|
2.5 ba
|
1,909 sq ft
|
House

916 Stinson Avenue, Holly Springs, NC 27540

Pending
TriangleMLS
$398,000
3 bd
|
2.5 ba
|
1,874 sq ft
|
House

233 Breezemont Drive, Fuquay Varina, NC 27526

Status: Coming Soon

Tomo last checked: 04/02/2025 at 5:05 PM

Listing updated: 04/02/2025 at 4:12 PM

Listed by: Rhonda Kosor, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10085904

TriangleMLS logo