tomo logo

$285,000

Beds
3
Baths
2.0
sq ft
1,473

1048 Fairgrove Road, Thomasville, NC 27360

1048 Fairgrove Road

Thomasville, NC 27360

  • 38 days on market
Immaculate cottage home in established neighborhood. No HOA. 9' ceilings, open floor plan, covered porches, fenced yard, split bedrooms, plantation blinds, refrigerator included. 8' x 20' covered bach porch. Wonderful yard, 10' x 16' storage building included. Easy access to I-85 and all of Triad.

Details

Property type

Single Family Residence

Est. home value

$260,690

Lot size

0.49 acres

Price per sq ft

$194

Year built

2020

Annual property taxes

$1,899

Price History

11/14/2024
TriadMLS

TriadMLS #1163067

Listed
$285,000
+2750%
03/15/2019
TriadMLS

TriadMLS #923696

Sold
$10,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$220,786
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$41,414
Cash to seller
$220,786

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

May 2020

Original loan amount

$50,000

Est. remaining balance

$41,414

Interest rate

3.5%

Loan type

New Conventional, 20 year

Seller

Robert Bohannon and Jayne Wallace Bohannun

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: 12/23/2024 at 11:15 AM

Listing updated: 11/14/2024 at 11:51 AM

Listed by: Janice Spainhour, Price REALTORS - Archdale Phone #: (336) 861-7653

MLS: TriadMLS #1163067

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