tomo logo

$230,000

Beds
3
Baths
1.0
sq ft
1,007

127 Morning Glory Avenue, Belmont, NC 28012

127 Morning Glory Avenue

Belmont, NC 28012

  • 89 days on market
    • Price drop $10,000↓
Attention First-Time Homebuyers and Investors! This is the opportunity you've been waiting for. Priced below market value, this property offers incredible potential in the rapidly developing Belmont area. Charming, 3 Bedroom, 1 Bath Home located on .41 acre with plenty of trees for shade! NO HOA! Open, Airy Plan! Home was remodeled featuring LVP floors throughout, granite counters, stainless steel appliances, tile back splash, and Spacious Living Room! Don't miss your chance to secure a great deal. The seller is highly motivated, so act fast!

Details

Property type

Single Family Residence

Est. home value

$244,119

Lot size

Unknown

Price per sq ft

$229

Year built

1967

Price History

10/24/2024
CanopyMLS

CanopyMLS #4170169

Price change
$230,000
-4.17%
10/07/2024
CanopyMLS

CanopyMLS #4170169

Price change
$240,000
-4%
08/30/2024
CanopyMLS

CanopyMLS #4170169

Price change
$250,000
-3.85%

Schools & Community

Elementary school: 

Belmont Central

Middle school: 

Belmont

High school: 

South Point (NC)

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

-$15,383
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$226,983
Cash to seller
-$15,383

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

May 2023

Original loan amount

$230,743

Est. remaining balance

$226,983

Interest rate

6.42%

Loan type

FHA, 30 year

Seller

Davis Wall

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: 11/05/2024 at 2:25 PM

Listing updated: 10/24/2024 at 2:34 PM

Listed by: Matt Sarver, Keller Williams Lake Norman Phone #: (704) 892-5518

MLS: CanopyMLS #4170169

CanopyMLS logo

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