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$487,000

Beds
3
Baths
2.5
sq ft
2,209

850 Mulberry Rd, Spring Hope, NC 27882

850 Mulberry Rd

Spring Hope, NC 27882

  • 9 days on market
Discover this charming home with a finished BONUS ROOM on a private wooded lot in Spring Hope, NC. With NO HOA, this property features a spacious kitchen with a large island, a new dishwasher and oven, and craftsman-style interior details like custom doors, 9ft ceilings, and a beautiful banister staircase. The home boasts a private dining room, spacious bedrooms, and a large laundry room for added convenience. Outdoors, enjoy the serenity of frequent deer sightings, a side-load garage with extra parking, and a long driveway. Equipped with a private well and septic system, this home offers the perfect blend of privacy, space, and style.

Details

Property type

Single Family Residence

Est. home value

$400,516

Lot size

1.05 acres

Price per sq ft

$221

Year built

2021

Annual property taxes

$2,132.54

Price History

01/13/2025
TriangleMLS

TriangleMLS #10070633

Listed
$487,000
+33.46%
12/17/2021
TriangleMLS

TriangleMLS #2411734

Sold
$364,900

Schools & Community

Elementary school: 

Franklin - Bunn

Middle school: 

Franklin - Bunn

High school: 

Franklin - Bunn

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

$113,037
Asking price
$487,000
Closing costs (~8% of asking)
-$38,960
Est. remaining loan balance
-$335,003
Cash to seller
$113,037

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

December 2021

Original loan amount

$358,290

Est. remaining balance

$335,003

Interest rate

3.14%

Loan type

FHA, 30 year

Seller

Paul Joseph Christopher Herman and Alondra Herman

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: 01/22/2025 at 10:55 PM

Listing updated: 01/17/2025 at 4:40 AM

Listed by: Matt Bergevin, Real Broker, LLC Phone #: (919) 348-2585

MLS: TriangleMLS #10070633

TriangleMLS logo

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