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$134,000

Beds
2
Baths
1.0
sq ft
687

1205 Furlough Avenue, High Point, NC 27260

1205 Furlough Avenue

High Point, NC 27260

  • 109 days on market
    • Price drop $10,000↓
Seller is offering a $3,000 credit toward closing costs. New roof on 6/27/24. This Bungalow has been completely renovated beautifully and completely turn key ready. It has beautiful new light wood LVP throughout the home. All new pull down blinds throughout the home. Completely remodeled kitchen has all new cabinets, countertops, sink, and stainless steel appliances. Bathroom has been completely renovated with inviting light modern colors throughout. Separate laundry room for convenient living just before you go out the back door. New A/C units and heating system have been added. This home is truly move in ready. Whether you love sitting on the covered front porch or enjoying a private back yard surrounded by trees this home has all your outside needs met. Homes surrounding on the same street are being beautifully remodeled providing a wonderful place to live or invest. Minutes from the High Point city area, I-85 and High Point University. Driveway is to the left of the home.

Details

Property type

Single Family Residence

Est. home value

$74,548

Lot size

4,792 sq ft

Price per sq ft

$196

Year built

1938

Annual property taxes

$26,500

Price History

08/22/2024
TriadMLS

TriadMLS #1143670

Price change
$134,000
-6.94%
07/25/2024
TriadMLS

TriadMLS #1143670

Price change
$144,000
-3.36%
06/18/2024
TriadMLS

TriadMLS #1143670

Price change
$149,000
-6.29%

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

$71,812
Asking price
$134,000
Closing costs (~8% of asking)
-$10,720
Est. remaining loan balance
-$51,468
Cash to seller
$71,812

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2023

Original loan amount

$52,000

Est. remaining balance

$51,468

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Lee Michael Korak

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: 09/17/2024 at 11:30 PM

Listing updated: 08/30/2024 at 12:55 PM

Listed by: Amy Shutes, Allen Tate Mooresville Phone #: (704) 664-9333

MLS: TriadMLS #1143670

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