tomo logo

$249,900

Beds
3
Baths
1.5
sq ft
1,389

112 Longbow Road, Reidsville, NC 27320

112 Longbow Road

Reidsville, NC 27320

  • 29 days on market
    • Price drop $10,000↓
Welcome home! You don't want to miss this charming 3 bedroom, 1.5 bath home ideal for one-level living. This updated brick home features a bright interior with gorgeous natural light throughout, and plenty of space to relax or entertain. Oversized gas fireplace in the living room provides a cozy atmosphere, while the kitchen has tons of cabinet space and an eat-in counter great for hosting! Nestled on a spacious 0.62 acre fenced, level lot, with a patio and pergola, double gates, a 10x12 storage building, and oversized carport! Conveniently located less than 10 minutes from the heart of Reidsville, and just down the road from gorgeous walking trails and canoe/kayak access to Lake Reidsville!

Details

Property type

Single Family Residence

Est. home value

$222,230

Lot size

0.62 acres

Price per sq ft

$180

Year built

1969

Annual property taxes

$2,359.42

Price History

11/16/2024
TriadMLS

TriadMLS #1160862

Price change
$249,900
-3.85%
11/12/2024
TriadMLS

TriadMLS #1160862

Price change
$259,900
-3.38%
11/06/2024
TriadMLS

TriadMLS #1160862

Price change
$269,000
-2.18%

Schools & Community

Elementary school: 

Reidsville

Middle school: 

Reidsville

High school: 

Reidsville

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

$33,579
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$196,329
Cash to seller
$33,579

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

May 2022

Original loan amount

$204,250

Est. remaining balance

$196,329

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Shannon Marie Allen

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: 11/22/2024 at 3:30 PM

Listing updated: 11/15/2024 at 11:21 PM

Listed by: Abby Chapman, Banner Team Properties Brokered by EXP Realty Phone #: (336) 546-7364

MLS: TriadMLS #1160862

TriadMLS logo

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