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$206,452Estimated home value

Beds
3
Baths
2.0
sq ft
1,687

1301 Washington Street, Eden, NC 27288

1301 Washington Street

Eden, NC 27288

  • Sold On 3/27/2025
    • Price drop $13,100↓
Opportunity Awaits in Eden! Ranch Home with 3 Bedrooms and 2 Baths. Be Sure to Check the HUD Website PRIOR to Showing the Property. Case# 387-610762. If the Property is no Longer Showing on the HUD site you Will NOT be Able to Submit an Offer. 10 days Eligible Bidders-Owner Occupants, Nonprofits, Government Agencies only. Visit Hudhomestore for Property Condition Report, environmental concerns, online bidding, and required contract/addenda. Look under addendum tab for FHA Insurability Code, Property Cond Report, Lead Based Paint, List Disclosure. All info believed accurate but must be verified by buyer. Subject to Appraisal, Seller makes no representations or warranties as to property condition. HUD-acquired properties are sold AS-IS without warranties or repairs. Equal Housing Opportunity. Bids submitted by HUD Registered Agents only. Availability of home subject to Asset Manager accepting a bid from an earlier bid period or removing home from the market. See Agent Only Remarks.

Details

Property type

Single Family Residence

Est. home value

$206,452

Lot size

0.78 acres

Price per sq ft

$71

Year built

1945

Annual property taxes

$1,077

HOA

No

Price History

03/27/2025
TriadMLS

TriadMLS #1164006

Sold
$118,300
03/13/2025
TriadMLS

TriadMLS #1164006

Pending
$118,300
02/25/2025
TriadMLS

TriadMLS #1164006

Price change
$118,300
-9.97%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

-$47,937
Asking price
$118,300
Closing costs (~8% of asking)
-$9,464
Est. remaining loan balance
-$156,773
Cash to seller
-$47,937

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

June 2023

Original loan amount

$161,986

Est. remaining balance

$156,773

Interest rate

6.27%

Loan type

FHA, 25 year

Seller

Sandra T Hancock and Thomas D Hancock

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: Off Market

Tomo last checked: 04/06/2025 at 5:30 PM

Listing updated: 03/27/2025 at 3:06 PM

Listed by: Tracey Shrouder, 360 Realty Phone #: (336) 505-1080

MLS: TriadMLS #1164006

TriadMLS logo

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