3805 Balsam Street #223 | Sinko Realty LLC
$274,800
$310,000
PRICE REDUCED Active

3805 Balsam Street #223

Indian Trail, NC, 28079

3 Bedrooms | 2 Bathrooms | 1,560 Sq Ft
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Property Description

PRICE IMPROVEMENT + ATTRACTIVE SELLER FINANCING AVAILABLE!
Qualified buyers may take advantage of seller financing with approved credit and just 5% down:
0% interest year ONE, 2% year TWO, and 3% years THREE through FIVE. Estimated monthly payments are approximately $764/month in year ONE, $1,016/month in year TWO, and $1,159/month in years 3โ€“5.

Even more value: the HOA has approved a special assessment that will fund major community enhancements, including new roofs for both buildings, new exterior paint, and refreshed interior hallways with new paint and carpet. The seller is paying this assessment in full, allowing the buyer to enjoy these improvements at no added cost.

This move-in-ready, open-concept 3-bedroom, 2-bath condo offers one of the largest floor plans in the building, featuring a spacious split-bedroom layout designed for privacy, comfort, and functionality, plus exceptional cabinetry and storage throughout.

Extensive updates make this home truly turnkey. In 2023, improvements included: fresh interior paint, luxury vinyl plank flooring throughout, updated lighting fixtures, replaced toilets, new kitchen sink, faucet and disposal, smoke detectors, washer/dryer, and stainless steel dishwasher. In 2025, the air handler was replaced, and brand-new never-used stainless steel stove, microwave, and side-by-side refrigerator were installed.

French doors lead to a private balcony with peaceful year-round views, creating a perfect retreat. Located in a secure, elevator-served building, this unit offers a rare and highly desirable feature in the area: elevator access with zero-grade entry and no steps for easy access.

A deeded storage room is included and conveniently located on the ground floor just inside the secured entrance gate.

Enjoy Lake Parkโ€™s walkable lifestyle with nearby restaurants, parks, ponds, playgrounds, medical offices, and sports courts including pickleball. HOA dues cover water, sewer, trash, lawn care, exterior maintenance, and master insuranceโ€”providing low-maintenance living and predictable ownership costs. Community pool membership is optional at approximately $250 per family per season.

Parking includes one assigned space (#25), adjacent guest parking, and additional street parking.

This is a rare opportunity to own an updated, spacious, low-maintenance home with accessibility features, strong value, and exceptional financing options in todayโ€™s market. Schedule your showing today!

Property Details

Property Type: Condominium
Year Built: 2004
Living Area: 1,560 sq ft
Price / Sq Ft: $176
Lot Size: N/A
Bedrooms: 3
Bathrooms: 2 (2 full, 0 half)
Days on Market: 94
Subdivision: Lake Park
Cooling: Central Air
Heating: Heat Pump
Water: County Water
Sewer: County Sewer
Foundation: Slab
Construction: Brick Partial
Laundry: Utility Room
Flooring: Vinyl
View: Year Round
Patio/Porch: Balcony
Accessibility: Elevator
Security: Fire Sprinkler System, Smoke Detector(s)

Appliances

Dishwasher, Disposal, Electric Range, Microwave, Refrigerator

Features

Interior Features
  • Cable Prewire
  • Elevator
  • Entrance Foyer
  • Garden Tub
  • Open Floorplan
  • Pantry
  • Split Bedroom
  • Storage
  • Walk-In Closet(s)
Exterior Features
  • Lawn Maintenance

Schools

Elementary: Poplin
Middle: Porter Ridge
High: Porter Ridge

Financial Information

List Price: $274,800
HOA: Yes
HOA Fee: $649 / Monthly
Listing Information
Status: Active
MLS #: 4332385
Listing Firm: Call It Closed International Inc
Listing Agent: Veronica Hiley
Agent Email: Veronica@VACRealty.com

Estimated Monthly Payment

Full Calculator โ†’
Estimated Payment
$1,699
per month
Payment Breakdown
Principal & Interest $1,390
Property Tax (est.) $229
Insurance (est.) $80
Total Monthly $1,699

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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