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$129,000

Beds
2
Baths
1.0
sq ft
687

1205 Furlough Avenue, High Point, NC 27260

1205 Furlough Avenue

High Point, NC 27260

  • 175 days on market
    • Price drop $5,000↓
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 white pull down blinds throughout the home. The completely remodeled kitchen has all new white cabinets, countertops, sink, and stainless steel appliances. The bathroom has been completely renovated with inviting light modern colors throughout. There is a separate laundry room for convenient living just before you go out the back door. New A/C units and heating system have been added. 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

Unknown

Price per sq ft

$188

Year built

1938

Price History

09/29/2024
CanopyMLS

CanopyMLS #4144346

Price change
$129,000
-3.73%
08/22/2024
CanopyMLS

CanopyMLS #4144346

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

CanopyMLS #4144346

Price change
$144,000
-3.36%

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

$67,305
Asking price
$129,000
Closing costs (~8% of asking)
-$10,320
Est. remaining loan balance
-$51,375
Cash to seller
$67,305

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

$51,375

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: 11/22/2024 at 9:10 PM

Listing updated: 11/08/2024 at 9:00 AM

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

MLS: CanopyMLS #4144346

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Recently listed in High Point