tomo logo

$425,000

Beds
2
Baths
2.5
sq ft
1,601

1208 South Point Road, Belmont, NC 28012

1208 South Point Road

Belmont, NC 28012

  • 62 days on market
If you are looking to live close to all of the action in bustling Belmont, but want the privacy of an oversized lot and home, 1208 SouthPoint is for you. This property is not only turn key ready with custom renovated kitchen, hardwood flooring, custom paint, basement, and spacious garage but the property is flanked by trees and acreage all around. This home is where lifestyle and privacy comes together perfectly!

Details

Property type

Single Family Residence

Est. home value

$473,440

Lot size

Unknown

Price per sq ft

$266

Year built

1930

Price History

09/21/2024
CanopyMLS

CanopyMLS #4185306

Listed
$425,000
+115.19%
05/20/2015
CanopyMLS

CanopyMLS #3063036

Sold
$197,500

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

$119,469
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$271,531
Cash to seller
$119,469

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

Seller’s Loan History

Lender

Tjc Mortgage Inc

Loan start date

July 2020

Original loan amount

$299,250

Est. remaining balance

$271,531

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Malone Nicole White and Jack Cox

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 9:25 PM

Listing updated: 10/24/2024 at 2:39 PM

Listed by: Matthew Means, COMPASS Phone #: (704) 234-7880

MLS: CanopyMLS #4185306

CanopyMLS logo

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