tomo logo

$400,000

Beds
5
Baths
2.5
sq ft
2,739

1102 Shalimar Court, High Point, NC 27262

1102 Shalimar Court

High Point, NC 27262

  • 3 days on market
Welcome to your dream home! This stunning, move-in ready residence features 5 bedrooms and spacious living areas. Enjoy elegant built-ins in the cozy library, with double bay windows that fill the space with natural light, and gather around the wood-burning fireplace when the days get cooler. The primary bedroom boasts a luxurious en-suite bathroom with a shower and jetted tub and a walk-in closet. The unfinished basement with high ceilings is a blank canvas for your personal touch—ideal for extra living space or storage. The sellers have made extensive updates—see the attachments for details! Step outside onto your large back deck and unwind while taking in peaceful views of serene woods—your own woodland retreat. Conveniently located just 8 minutes from shopping, this home offers privacy and a friendly neighborhood feel. With minimal traffic on this quiet cul-de-sac and no HOA, you’ll have the freedom to make this space your own. Don’t miss this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$337,425

Lot size

0.61 acres

Price per sq ft

$147

Year built

1990

Annual property taxes

$3,892.85

Price History

10/11/2024
TriadMLS

TriadMLS #1158745

Listed
$400,000
+28.21%
09/27/2023
TriadMLS

TriadMLS #1096047

Sold
$312,000

Schools & Community

Elementary school: 

Northwood

Middle school: 

Ferndale

High school: 

High Point Central

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

$65,179
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$302,821
Cash to seller
$65,179

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

September 2023

Original loan amount

$306,348

Est. remaining balance

$302,821

Interest rate

6.78%

Loan type

FHA, 30 year

Seller

Janny Mercedes Lopez and Christian Alfredo Ortega

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: 10/14/2024 at 11:20 PM

Listing updated: 10/11/2024 at 2:51 PM

Listed by: Matilda Hall, Keller Williams Realty Elite Phone #: (336) 283-8691

MLS: TriadMLS #1158745

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