tomo logo

$427,500

Beds
3
Baths
2.0
sq ft
1,998

75 Sorrel Drive, Franklinton, NC 27525

75 Sorrel Drive

Franklinton, NC 27525

  • 15 days on market
Welcome to your new home just miles from Historic Downtown Franklinton! This better than new home offers a blend of comfort and elegance, ideal for both relaxing and entertaining. Step inside to discover a spacious open-concept living area with vaulted ceilings, gas log fireplace, and an abundance of natural light that creates a warm and inviting atmosphere. The kitchen, complete with stainless steel appliances, granite countertops, and tile backsplash, offers plenty of storage and functionality. The well-designed layout flows seamlessly into a new screened-in porch, where you can enjoy serene views of the spacious fully fenced backyard with raised beds ready for your spring gardening. All bedrooms are conveniently located on the first floor including a serene primary suite with tray ceiling, dual vanity, and large walk-in closet. Upstairs you will find a bonus room perfect for an additional living space or home office. Upgrades include new paint throughout the home, new hot water heater, water filtration system, water softener, and ph neutralizer.

Details

Property type

Single Family Residence

Est. home value

$406,454

Lot size

0.8 acres

Price per sq ft

$214

Year built

2020

Annual property taxes

$2,490.41

Monthly HOA fee

$29.17

Price History

01/07/2025
TriangleMLS

TriangleMLS #10069538

Listed
$427,500
-0.35%
12/31/2024
TriangleMLS

TriangleMLS #10059535

Removed
$429,000
12/13/2024
TriangleMLS

TriangleMLS #10059535

Listed
$429,000

Schools & Community

Elementary school: 

Franklin - Franklinton

Middle school: 

Franklin - Franklinton

High school: 

Franklin - Franklinton

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

$270,654
Asking price
$427,500
Closing costs (~8% of asking)
-$34,200
Est. remaining loan balance
-$122,646
Cash to seller
$270,654

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

Seller’s Loan History

Lender

Originpoint Llc

Loan start date

May 2023

Original loan amount

$125,000

Est. remaining balance

$122,646

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Mark Pritchett and Traci Pritchett

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: Active

Tomo last checked: 01/22/2025 at 10:40 AM

Listing updated: 01/19/2025 at 4:46 AM

Listed by: Megan Florence, DASH Carolina Phone #: (984) 205-2279

MLS: TriangleMLS #10069538

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