tomo logo

$255,000

Beds
3
Baths
2.0
sq ft
1,626

114 Douglas Ln, Reidsville, NC 27320

114 Douglas Ln

Reidsville, NC 27320

  • 82 days on market
    • Price drop $10,000↓
Welcome to this charming 3 bed/2 full bath home situated at the end of a dead end road in the Wentworth School District. This private retreat boasts a partially fenced and spacious backyard, perfect for outdoor activities and relaxation. The kitchen features granite countertops, counter seating and wood cabinets with open-concept living. Additional adjoining acreage is available with an acceptable offer. Don't miss this opportunity to own this charming home in a serene setting.

Details

Property type

Single Family Residence

Est. home value

$246,082

Lot size

1.96 acres

Price per sq ft

$157

Year built

1991

Annual property taxes

$1,671.49

Price History

10/01/2024
TriadMLS

TriadMLS #1152163

Price change
$255,000
-3.77%
08/28/2024
TriadMLS

TriadMLS #1152163

Listed
$265,000
08/19/2024
TriadMLS

TriadMLS #1152163

Removed
$265,000

Schools & Community

Elementary school: 

Wentworth

Middle school: 

Rockingham County

High school: 

Rockingham County

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

$121,162
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$113,438
Cash to seller
$121,162

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

Seller’s Loan History

Lender

United States Department Of Agriculture

Loan start date

June 2014

Original loan amount

$138,000

Est. remaining balance

$113,438

Interest rate

4.33%

Loan type

USDA, 33 year

Seller

Tonya M Perkins and Otis Ray Perkins

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
TriadMLS
$250,250
3 bd
|
2 ba
|
1,255 sq ft
|
House

331 Tanglebrook Trail, Eden, NC 27288

TriadMLS
$249,900
3 bd
|
2 ba
|
1,493 sq ft
|
House

2402 Pine Lane, Reidsville, NC 27320

New
TriadMLS
$239,900
3 bd
|
2 ba
|
1,614 sq ft
|
House

193 Holly Hill Drive, Reidsville, NC 27320

Status: Active

Tomo last checked: 11/03/2024 at 8:00 AM

Listing updated: 10/01/2024 at 6:15 PM

Listed by: Tina Phillips, Mark Spain Real Estate Phone #: (855) 299-7653

MLS: TriadMLS #1152163

TriadMLS logo

Recently listed in Reidsville