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$225,000

Beds
4
Baths
2.0
sq ft
1,846

1120 Chestnut Ridge Lane, Danbury, NC 27016

1120 Chestnut Ridge Lane

Danbury, NC 27016

  • 83 days on market
    • Price drop $5,000↓
Room to roam on 2.5 acres - cleared yard with backyard fence and woods. Spacious home has a metal roof, open concept living area with kitchen island and wood burning fireplace in the den, 4 bedrooms and 2 baths. Walk out sliding doors from this space to deck. LVP throughout the home. All appliances convey including new Washer/Dryer stackable and chest freezer. Whole house water purifcation system is newer. Some views of Hanging Rock through the trees - better view in winter. Interior is fresh with new paint throughout. One car garage and extra parking in driveway. 220 available just outside of garage. HVAC has new compressor. Window treatments stay. Only 7 miles to Hanging Rock State Park and less than six miles to Dan River access point for canoe or kayak. Recreation abounds! Updates that Owner has made since 2023 is attached.

Details

Property type

Manufactured Home

Est. home value

$171,454

Lot size

2.50 acres

Price per sq ft

$122

Year built

1997

Annual property taxes

$880.32

Price History

09/18/2024
TriadMLS

TriadMLS #1152359

Price change
$225,000
-2.17%
08/14/2024
TriadMLS

TriadMLS #1152359

Listed
$230,000
+36.9%
06/21/2023
TriadMLS

TriadMLS #1101236

Sold
$168,000

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

$74,667
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$132,333
Cash to seller
$74,667

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2023

Original loan amount

$134,400

Est. remaining balance

$132,333

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Johnny Lee

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 6:35 PM

Listing updated: 10/20/2024 at 11:06 AM

Listed by: Ellen Peric, Carolina Farms & Homes Danbury Phone #: (336) 593-1044

MLS: TriadMLS #1152359

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