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$223,000

Beds
3
Baths
2.0
sq ft
1,045

108 Terrace Drive, Bessemer City, NC 28016

108 Terrace Drive

Bessemer City, NC 28016

  • 81 days on market
    • Price drop $3,000↓
    • Open house Nov 05
Seller may consider buyer concessions if made in an offer. Welcome to your future home, boasting a tasteful neutral color paint scheme that creates a serene and inviting atmosphere. The kitchen is a chef's dream with all stainless steel appliances, ensuring durability and style. Step outside onto the deck, perfect for entertaining or simply enjoying a quiet morning coffee. The fenced-in backyard offers privacy and space for outdoor activities. This home is waiting for you to add your personal touch and make it your own.

Details

Property type

Single Family Residence

Est. home value

$220,631

Lot size

Unknown

Price per sq ft

$214

Year built

1992

Price History

10/31/2024
CanopyMLS

CanopyMLS #4172868

Price change
$223,000
-1.33%
10/17/2024
CanopyMLS

CanopyMLS #4172868

Price change
$226,000
-2.59%
09/26/2024
CanopyMLS

CanopyMLS #4172868

Price change
$232,000
-0.43%

Schools & Community

Elementary school: 

Bessemer City

Middle school: 

Bessemer City

High school: 

Bessemer City

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

$88,082
Asking price
$223,000
Closing costs (~8% of asking)
-$17,840
Est. remaining loan balance
-$117,078
Cash to seller
$88,082

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

May 2020

Original loan amount

$129,000

Est. remaining balance

$117,078

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Stephanie Lee Michalowski

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: 11/05/2024 at 7:45 AM

Listing updated: 11/04/2024 at 7:10 PM

Listed by: Whitney Hunt-Sailors, Opendoor Brokerage LLC Phone #: (480) 462-5392

MLS: CanopyMLS #4172868

CanopyMLS logo

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