tomo logo

$88,100

Beds
3
Baths
2.0
sq ft
1,786

1011 Lane Street, Reidsville, NC 27320

1011 Lane Street

Reidsville, NC 27320

  • 26 days on market
    • Price drop $7,000↓
Built in 1940, this home offers approximately 1786 finished square feet, three bedrooms and two full baths, fireplace, hardwood, enclosed front porch and unfinished basement. This home sits on an approximate 31321 sqft lot. This home is in need of repairs and renovation. Seller WILL NOT ACTIVATE UTILITIES. Buyer to view home, inspect and confirm all listing information prior to making offer. Seller will NOT allow water service to be turned on for any reason. Property sold “AS-IS” without contingencies. Buyer to check with City/County/Zoning/Tax and other records to determine details to their satisfaction.

Details

Property type

Single Family Residence

Est. home value

$76,843

Lot size

0.72 acres

Price per sq ft

$50

Year built

1940

Annual property taxes

$1,061

Price History

06/27/2024
TriadMLS

TriadMLS #1145564

Price change
$88,100
-7.36%
06/11/2024
TriadMLS

TriadMLS #1145564

Listed
$95,100
+36.83%
05/08/2024
TriadMLS

TriadMLS #1099242

Removed
$69,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Greensboro Home Equity Inc

Loan start date

May 2006

Original loan amount

$94,400

Est. remaining balance

$58,508

Interest rate

6.34%

Loan type

New Conventional, 30 year

Seller

Wanda Galloway

Lender

New Freedom Mortgage Corp

Loan start date

January 2006

Original loan amount

$71,127

Est. remaining balance

$30,381

Interest rate

6.28%

Loan type

FHA, 25 year

Seller

Wanda Galloway

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: 07/07/2024 at 8:50 PM

Listing updated: 06/27/2024 at 11:23 AM

Listed by: Sherry Price, Real Home Services and Solutions, Inc. Phone #: (770) 612-7322

MLS: TriadMLS #1145564

TriadMLS logo

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