tomo logo

$280,000

Beds
3
Baths
2.0
sq ft
2,190

816 Luby Smith Road, Princeton, NC 27569

816 Luby Smith Road

Princeton, NC 27569

  • 66 days on market
    • Price drop $20,000↓
Nestled on nearly two acres of picturesque land, this charming one-level home offers a perfect blend of character, comfort, and outdoor enjoyment. Featuring three bedrooms and two bathrooms, this property is ideal for anyone seeking space, serenity, and style. Step inside to discover built-ins throughout, adding both charm and functional storage. The home's layout flows effortlessly, providing spacious areas for both relaxation and entertaining. The kitchen boasts ample cabinetry to meet all your storage needs, along with a convenient breakfast bar—perfect for casual dining or hosting guests. With two living rooms and a bright sunroom, you'll have multiple cozy spaces to enjoy your morning coffee or unwind while soaking in peaceful views of the surrounding landscape. Outside, the wraparound porch invites you to relax and take in the fresh air, while the large deck offers the perfect setting for grilling and gatherings. Summers will be unforgettable with the above-ground, vinyl-lined pool just steps from your kitchen, providing a refreshing escape on warm days. The property also includes a two-car carport to protect your vehicles from the elements. Practical upgrades include a new septic system installed in 2018, giving you added peace of mind. A storage shed offers extra space for tools and seasonal items, and the fenced area is ideal for gardening or as a pet area. Priced to sell, this home is ready for its next owner to add their personal touch and make it their own. Don't miss the chance to enjoy this tranquil property with endless possibilities!

Details

Property type

Single Family Residence

Est. home value

$270,561

Lot size

1.97 acres

Price per sq ft

$128

Year built

1900

Annual property taxes

$1,249

Price History

10/16/2024
TriangleMLS

TriangleMLS #10053217

Price change
$280,000
-6.67%
09/17/2024
TriangleMLS

TriangleMLS #10053217

Listed
$300,000
+100%
05/07/2018
NorthCarolinaRegional

NorthCarolinaRegional #70555

Sold
$150,000

Schools & Community

Elementary school: 

Wayne - Rosewood

Middle school: 

Wayne - Rosewood

High school: 

Wayne - Rosewood

Community features: 

Suburban

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

$138,792
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$118,808
Cash to seller
$138,792

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

Seller’s Loan History

Lender

Advantage Lending Llc

Loan start date

May 2018

Original loan amount

$135,000

Est. remaining balance

$118,808

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Gaetano Cilenti and Patti Jeanne Cilenti

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: 11/23/2024 at 7:50 AM

Listing updated: 11/01/2024 at 4:01 PM

Listed by: Kandy L Benton, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10053217

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