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$197,900

Beds
3
Baths
2.0
sq ft
640

114 East Maine Avenue, Bessemer City, NC 28016

114 East Maine Avenue

Bessemer City, NC 28016

  • 18 days on market
    • Price drop $2,000↓
This 3-bedroom, 2-bathroom home presents an excellent investment opportunity, complete with a separate lot. The property is move-in ready, requiring no repairs. Recent updates include 3-year-old windows, a finished basement, and a new water heater. Featuring electric heat, city water, and city sewer, this home is ready for occupancy upon closing, making it an ideal choice for investors or buyers seeking a hassle-free purchase.

Details

Property type

Single Family Residence

Est. home value

$158,626

Lot size

Unknown

Price per sq ft

$310

Year built

1970

Price History

02/11/2025
CanopyMLS

CanopyMLS #4219923

Price change
$197,900
-1%
02/04/2025
CanopyMLS

CanopyMLS #4219923

Listed
$199,900
+33.36%
06/12/2023
CanopyMLS

CanopyMLS #4003648

Sold
$149,900

Schools & Community

Elementary school: 

Bessemer City

Middle school: 

Bessemer City

High school: 

Bessemer City

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

$37,723
Asking price
$197,900
Closing costs (~8% of asking)
-$15,832
Est. remaining loan balance
-$144,345
Cash to seller
$37,723

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

$147,184

Est. remaining balance

$144,345

Interest rate

6.43%

Loan type

FHA, 30 year

Seller

Lanzaddy J Smith Jr

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: 02/23/2025 at 10:15 AM

Listing updated: 02/11/2025 at 3:59 PM

Listed by: Andrea Ochoa, Collective Realty LLC Phone #: (704) 705-8008

MLS: CanopyMLS #4219923

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