tomo logo

$506,000

Beds
4
Baths
3.0
sq ft
2,657

59 Magnolia Court, Sanford, NC 27332

59 Magnolia Court

Sanford, NC 27332

  • 2 days on market
Welcome to this stunning waterfront home in the highly sought-after Carolina Lakes neighborhood. Start your day by enjoying a cup of coffee on the screened-in back porch or relax on the back deck with a retractable awning, overlooking your fenced-in backyard and tranquil water views. Whether you prefer kayaking, fishing, or canoeing, you can enjoy all of these right from your own backyard. The kitchen boasts stainless steel appliances, a gas range, and a built-in wine rack, perfect for those who love to entertain. The primary bedroom is on the main floor w/gorgeous water views. Enjoy a soak in the jetted tub, a separate shower, a double vanity, and WIC. This split floor plan ensures privacy, with two additional bedrooms located on downstairs. Upstairs, you’ll find a huge bonus room, bedroom, a full bath, and ample walk-in attic storage—perfect for keeping your home organized. New carpet in Great room, freshly painted walls and Roof replaced in 2023.

Details

Property type

Single Family Residence

Est. home value

$440,418

Lot size

Unknown

Price per sq ft

$191

Year built

2005

Monthly HOA fee

$75

Price History

01/04/2025
LongleafPine

LongleafPine #736652

Listed
$506,000
+55.69%
04/15/2020
LongleafPine

LongleafPine #610416

Sold
$325,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Highland Middle School

High school: 

Overhills Senior High

Community features: 

Pool, Gated, Clubhouse, Golf

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

$171,821
Asking price
$506,000
Closing costs (~8% of asking)
-$40,480
Est. remaining loan balance
-$293,699
Cash to seller
$171,821

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

Seller’s Loan History

Lender

Alpha Mortgage Corp

Loan start date

April 2020

Original loan amount

$325,000

Est. remaining balance

$293,699

Interest rate

3.45%

Loan type

VA, 30 year

Seller

George Victor Ulrick and Nancy Elizabeth Lattimer

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: 01/06/2025 at 9:50 PM

Listing updated: 01/04/2025 at 8:48 AM

Listed by: DEBRA BUSSEY, CAROLINA LAKES LAKESIDE REALTY Phone #: (919) 499-4500

MLS: LongleafPine #736652

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