tomo logo

$300,000

Beds
4
Baths
3.0
sq ft
2,022

112 Sycamore Road, Salisbury, NC 28147

112 Sycamore Road

Salisbury, NC 28147

  • 100 days on market
    • Price drop $10,000↓
Welcome to your dream home in the desirable Westcliffe neighborhood of Salisbury! This stunning split-level residence offers ample space with 4 bedrooms and 3 baths, perfect for families seeking comfort and style. Built in 1977, this home boasts timeless charm combined with modern amenities, providing the ideal blend of classic and contemporary living. This home offers a spacious layout with separate living areas. Located in the sought-after Westcliffe neighborhood, this home offers a peaceful retreat.

Details

Property type

Single Family Residence

Est. home value

$286,908

Lot size

Unknown

Price per sq ft

$149

Year built

1977

Price History

07/21/2024
CanopyMLS

CanopyMLS #4149581

Price change
$300,000
-3.23%
06/10/2024
CanopyMLS

CanopyMLS #4149581

Listed
$310,000
+29.17%
07/29/2021
CanopyMLS

CanopyMLS #3745723

Sold
$240,000
+101.68%

Schools & Community

Elementary school: 

Isenberg

Middle school: 

West Rowan

High school: 

West Rowan

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

$56,101
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$219,899
Cash to seller
$56,101

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

July 2021

Original loan amount

$235,653

Est. remaining balance

$219,899

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Jonathan Scott Pate and Amy Pate

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?

Similar Homes Nearby

Price drop
CanopyMLS
$345,000
4 bd
|
2.5 ba
|
2,547 sq ft
|
House

201 Bayberry Drive, Salisbury, NC 28147

Price drop
CanopyMLS
$269,999
4 bd
|
3 ba
|
2,611 sq ft
|
House

708 Mack Street, Salisbury, NC 28146

Price drop
CanopyMLS
$259,900
4 bd
|
2.5 ba
|
2,000 sq ft
|
House

616 Faith Road, Salisbury, NC 28146

Status: Active

Tomo last checked: 09/19/2024 at 12:50 PM

Listing updated: 07/21/2024 at 7:55 PM

Listed by: Nick Heath, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4149581

CanopyMLS logo

Recently listed in Salisbury

$239,000|3 bd|2.0 ba|House
$679,990|4 bd|4.5 ba|House
$669,990|4 bd|4.5 ba|House
$249,900|3 bd|2.5 ba|House
$249,900|3 bd|2.5 ba|House
$250,000|3 bd|2.5 ba|Townhouse
$250,000|3 bd|2.5 ba|Townhouse