tomo logo

$500,000

Beds
6
Baths
5.5
sq ft
4,628

76 Traceway North, Sanford, NC 27332

76 Traceway North

Sanford, NC 27332

  • 33 days on market
    • Price drop $35,000↓
Introducing your new home, nestled right on the green of Lake Course in Carolina Trace. With Parcel 77 included, you'll enjoy a total of 1.33 acres. Inside and out, space abounds, including a large porch and rear patio. Say goodbye to high summer cooling bills with the brand new, paid-off solar system. Ample parking awaits guests in the driveway. Bedrooms are spacious, some even boasting private balconies for a breath of fresh air. Equipped with a second kitchen, this home is versatile for any situation.

Details

Property type

Single Family Residence

Est. home value

$461,567

Lot size

1.33 acres

Price per sq ft

$109

Year built

1975

Annual property taxes

$2,766

Monthly HOA fee

$54.17

Price History

07/02/2024
TriangleMLS

TriangleMLS #10032947

Price change
$500,000
-6.54%
06/01/2024
TriangleMLS

TriangleMLS #10032947

Listed
$535,000

Schools & Community

Elementary school: 

Lee - J Glenn Edwards

Middle school: 

Lee - East Lee

High school: 

Lee - Lee

Community features: 

Golf, Lake

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

$181,812
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$278,188
Cash to seller
$181,812

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

August 2022

Original loan amount

$285,000

Est. remaining balance

$278,188

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Masood Khan and Farhane M Khan

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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217 North Gulf Street, Sanford, NC 27330

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3288 Edinburgh Dr, Sanford, NC 27332

Status: Active

Tomo last checked: 07/05/2024 at 12:15 AM

Listing updated: 07/02/2024 at 1:23 AM

Listed by: Matthew Joseph Hyduchak, Century 21 Triangle Group Phone #: (919) 552-4517

MLS: TriangleMLS #10032947

TriangleMLS logo

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