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$207,500

Beds
3
Baths
2.0
sq ft
1,514

5835 Waters Edge Drive, Fayetteville, NC 28314

5835 Waters Edge Drive

Fayetteville, NC 28314

  • 77 days on market
Cute Contemporary Home! Waters Edge subdivision home with 3 bedrooms and 2 full bathrooms. Features an open floor plan with the 2 guest bedrooms on the first floor and the master suite tucked away for privacy on the second floor. Beautiful balcony overlooks from master bedroom hide-away down to great room. Very spacious Great Room with a cathedral ceiling and beautiful beam features. Fireplace with a stone exterior. Step-Up Formal Dining. Kitchen with a pass-thru window into the dining area. The side yard has a deck and patio area. New HVAC installed 2022. Currently tenant-occupied. For now, this may be better suited for an investor, since the lease goes through August. New HVAC installed 2022. Current rent is $1,550. Photos were taken approx July 2023, prior to lease start date. Seller prefers to sell as is.

Details

Property type

Single Family Residence

Est. home value

$204,319

Lot size

0.23 acres

Price per sq ft

$138

Year built

1980

Price History

04/21/2024
LongleafPine

LongleafPine #723199

Listed
$207,500
+33.44%
05/19/2021
LongleafPine

LongleafPine #651615

Sold
$155,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Westover Middle School

High school: 

Westover Senior High

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

$53,127
Asking price
$207,500
Closing costs (~8% of asking)
-$16,600
Est. remaining loan balance
-$137,773
Cash to seller
$53,127

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

May 2021

Original loan amount

$147,725

Est. remaining balance

$137,773

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Samuel I Jones and Kally Henson

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: 07/07/2024 at 7:25 PM

Listing updated: 05/14/2024 at 7:27 AM

Listed by: KAREN BEAM BROWNE, KELLER WILLIAMS REALTY (FAYETTEVILLE) Phone #: (910) 222-2800

MLS: LongleafPine #723199

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