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$429,000

Beds
3
Baths
2.0
sq ft
2,000

75 Sorrel Drive, Franklinton, NC 27525

75 Sorrel Drive

Franklinton, NC 27525

  • 61 days on market
    • Price drop $20,000↓
Welcome home to this better than new stylish ranch style home featuring a spacious layout designed for both comfort and versatility. The inviting living room flows seamlessly into the timeless modern kitchen with stainless steel appliances and ample counter space, perfect for family gatherings. Enjoy the bonus room for home office or playroom. Relax on the screened in porch while overlooking the large fully fenced backyard which is perfect for outdoor entertaining. Extra bonus is the water filtration system, water softener, and ph neutralizer!! Gardeners can enjoy the raised planters. Lawn recently aerated and overseeded.

Details

Property type

Single Family Residence

Est. home value

$406,454

Lot size

0.8 acres

Price per sq ft

$215

Year built

2020

Annual property taxes

$2,490.41

Monthly HOA fee

$29.17

Price History

12/13/2024
TriangleMLS

TriangleMLS #10059535

Listed
$429,000
12/03/2024
TriangleMLS

TriangleMLS #10059535

Pending
$429,000
10/30/2024
TriangleMLS

TriangleMLS #10059535

Price change
$429,000
-4.45%

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

$271,904
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$122,776
Cash to seller
$271,904

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

$122,776

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: 12/23/2024 at 5:35 AM

Listing updated: 12/18/2024 at 1:56 PM

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

MLS: TriangleMLS #10059535

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