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$425,000

Beds
3
Baths
3.0
sq ft
2,360

1209 Preyer Ave, Elizabeth City, NC 27909

1209 Preyer Ave

Elizabeth City, NC 27909

  • <1 day on market
This charming bungalow has been transformed into a picturesque coastal cottage near the Pasquotank River. The brick exterior with a covered front porch welcomes you into a thoughtfully redesigned interior, where a central kitchen, highlighted by a spacious island, serves as the heart of the home. Expansive living areas provide versatility for both formal and casual gatherings. Recent renovations include HVAC system, roof, flooring, and a completely updated kitchen featuring stainless steel appliances all less than 2 years old. The original galley kitchen has been repurposed into a functional prep area with additional cabinetry, a sink, and a pantry. The primary suite boasts original hardwood floors, a custom closet, and an en-suite bath with a second custom closet. Upstairs, you'll find two additional bedrooms and a newly added bathroom. The open deck overlooks the backyard, complemented by a storage shed. and fully fenced yard. Enjoy a stroll or bike ride along the waterfront, leading into downtown's vibrant scene of dining, shopping, and entertainment.

Details

Property type

Single Family Residence

Est. home value

$359,034

Lot size

9,583 sq ft

Price per sq ft

$181

Year built

1950

Price History

01/31/2025
NorthCarolinaRegional

NorthCarolinaRegional #100486176

Listed
$425,000
+21.43%
09/29/2022
NorthCarolinaRegional

NorthCarolinaRegional #100342910

Sold
$350,000
+150%
08/12/2021
NorthCarolinaRegional

NorthCarolinaRegional #8104282

Sold
$140,000

Schools & Community

Elementary school: 

J.C. Sawyer Elementary

Middle school: 

River Road Middle School

High school: 

Northeastern High School

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

$78,976
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$312,024
Cash to seller
$78,976

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

Seller’s Loan History

Lender

New Towne Mortgage

Loan start date

September 2022

Original loan amount

$323,565

Est. remaining balance

$312,024

Interest rate

4.99%

Loan type

FHA, 30 year

Seller

Eleanor L Spalding

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?

Status: Active

Tomo last checked: 01/31/2025 at 1:40 PM

Listing updated: 01/31/2025 at 10:32 AM

Listed by: Nicole (Nikki) Love, Signature Homes Phone #: (757) 753-0452

MLS: NorthCarolinaRegional #100486176

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