tomo logo

$140,000

Beds
2
Baths
1.0
sq ft
1,459

12500 Culp Road, Gold Hill, NC 28071

12500 Culp Road

Gold Hill, NC 28071

  • 168 days on market
    • Price drop $45,000↓
Nestled in the charming town of Gold Hill, NC, this delightful 2-bedroom, 1-bath farmhouse offers a perfect blend of rustic charm and modern comfort. Set on a generous 1.11-acre lot, the property provides ample space for gardening, outdoor activities, and serene country living. The farmhouse boasts a welcoming porch, perfect for enjoying morning coffee or evening sunsets. Inside, you'll find a cozy living area with vintage touches and plenty of natural light. The spacious kitchen is ideal for home-cooked meals, and both bedrooms offer a peaceful retreat. This idyllic property is an ideal escape from the hustle and bustle, providing a tranquil, rural lifestyle while still being conveniently located near local amenities. **HOME IS SOLD AS IS**

Details

Property type

Single Family Residence

Est. home value

$233,600

Lot size

Unknown

Price per sq ft

$96

Year built

1900

Price History

11/13/2024
CanopyMLS

CanopyMLS #4148157

Price change
$140,000
-24.32%
11/08/2024
CanopyMLS

CanopyMLS #4148157

Listed
$185,000
09/28/2024
CanopyMLS

CanopyMLS #4148157

Pending
$185,000

Schools & Community

Elementary school: 

Mount Pleasant

Middle school: 

Mount Pleasant

High school: 

Mount Pleasant

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

-$4,948
Asking price
$140,000
Closing costs (~8% of asking)
-$11,200
Est. remaining loan balance
-$133,748
Cash to seller
-$4,948

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2020

Original loan amount

$147,283

Est. remaining balance

$133,748

Interest rate

3.5%

Loan type

FHA, 30 year

Seller

Hannah Marie Britiain

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

A home in AlbemarleCanopyMLS
$149,900
2 bd
|
1 ba
|
1,112 sq ft
|
House

803 Long Street, Albemarle, NC 28001

Price drop
CanopyMLS
$135,000
3 bd
|
1 ba
|
1,274 sq ft
|
House

711 Parker Street, Albemarle, NC 28001

Status: Active

Tomo last checked: 11/22/2024 at 11:40 PM

Listing updated: 11/13/2024 at 3:08 PM

Listed by: Dan Jones, Carolina Real Estate Experts The Dan Jones Group Phone #: (704) 709-3838

MLS: CanopyMLS #4148157

CanopyMLS logo

Recently listed in Gold Hill