tomo logo

$189,000

Beds
2
Baths
1.0
sq ft
1,085

117 West Fifth Avenue, Gastonia, NC 28052

117 West Fifth Avenue

Gastonia, NC 28052

  • 34 days on market
    • Price drop $10,000↓
Great Investor Opportunity! Quaint single family home featuring two bedrooms with a third office room that could be used as a bedroom. The exterior features a large porch, with a flat fenced backyard. This home is a short distance from the vibrant FUSE district, downtown Gastonia and is nestled close to York Chester Historic District. Conveniently located to shopping, restaurants, and is in close proximity to highways.

Details

Property type

Single Family Residence

Est. home value

$190,936

Lot size

Unknown

Price per sq ft

$175

Year built

1900

Price History

06/10/2024
CanopyMLS

CanopyMLS #4146439

Price change
$189,000
-5.03%
06/07/2024
CanopyMLS

CanopyMLS #4146439

Listed
$199,000
+92.64%
09/10/2019
CanopyMLS

CanopyMLS #3535992

Sold
$103,300

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$98,946
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$74,934
Cash to seller
$98,946

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2019

Original loan amount

$82,613

Est. remaining balance

$74,934

Interest rate

3.81%

Loan type

New Conventional, 30 year

Seller

Walter Nelson Verastegui Jr and Laura Verastegui

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

CanopyMLS
$175,000
2 bd
|
1 ba
|
1,500 sq ft
|
House

2410 Amber Crest Drive, Gastonia, NC 28052

Price drop
CanopyMLS
$169,900
2 bd
|
1 ba
|
768 sq ft
|
House

1001 South Church Street, Gastonia, NC 28054

New
CanopyMLS
$204,900
2 bd
|
1 ba
|
961 sq ft
|
House

512 South Gray Street, Gastonia, NC 28052

Status: Active

Tomo last checked: 07/04/2024 at 11:35 PM

Listing updated: 06/10/2024 at 4:33 PM

Listed by: Matt Hermansen, Allen Tate Gastonia Phone #: (704) 868-4188

MLS: CanopyMLS #4146439

CanopyMLS logo

Recently listed in Gastonia