tomo logo

$525,000

Beds
4
Baths
2.5
sq ft
2,831

609 Holly Thorn Trace, Holly Springs, NC 27540

609 Holly Thorn Trace

Holly Springs, NC 27540

  • <1 day on market
INVESTORS ONLY! This uncommonly well-maintained single-family rental is leased through end of January 2026. Current rent is $2200/month, tenant pays utilities, and HOA is only $25/month. Amazing ROI -- professionally managed through Acorn + Oak -- and ultra-responsible tenants with no pets. Home highlights: single-family house on 1/5 acre with 2-car attached garage, a side parking pad, and ample driveway space for possibly even two more cars beyond the three. Large family room opens to a really great fully fenced backyard with patio and firepit area. Giant primary bedroom with attached office / reading room, dual closets, and updated primary bathroom with huge walk-in shower. Home conveys with washer, dryer and kitchen refrigrerator. Bamboo ''hardwood'' flooring in much of the house including primary bedroom. Vinyl siding. HVAC heat pumps 2004 and 2016. Roof 2004. Slab construction. Electric water heater 2021.

Details

Property type

Single Family Residence

Est. home value

$499,961

Lot size

8,276.4 sq ft

Price per sq ft

$186

Year built

2004

Annual property taxes

$4,089

Monthly HOA fee

$25

Price History

10/10/2024
TriangleMLS

TriangleMLS #10057566

Listed
$525,000
+19.32%
10/20/2021
TriangleMLS

TriangleMLS #2409203

Sold
$440,000
+130.86%
11/01/2004
TriangleMLS

TriangleMLS #751306

Sold
$190,590

Schools & Community

Elementary school: 

Wake - Holly Grove

Middle school: 

Wake - Holly Grove

High school: 

Wake - Holly Springs

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Finance Of America Mortgage Llc

Loan start date

September 2020

Original loan amount

$220,000

Est. remaining balance

$200,420

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Allison Lawrence and Shawn Lawrence

Lender

Watermark Capital Inc

Loan start date

April 2018

Original loan amount

$222,000

Est. remaining balance

$195,176

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Allson Lawrence and Shawn Lawrence

Lender

Gateway Bank Mortgage Inc

Loan start date

January 2012

Original loan amount

$199,980

Est. remaining balance

$143,009

Interest rate

3.99%

Loan type

FHA, 30 year

Seller

Shawn Lawrence and Allison Lawrence

Lender

Countrywide Bank Na

Loan start date

September 2006

Original loan amount

$61,500

Est. remaining balance

Not provided

Interest rate

6.41%

Loan type

Stand Alone Second, 15 year

Seller

Shawn Lawrence and Allison Lawrence

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: 10/11/2024 at 1:15 AM

Listing updated: 10/10/2024 at 6:50 PM

Listed by: David Worters, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10057566

TriangleMLS logo

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