tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
2,672

1311 Coventry Road, High Point, NC 27262

1311 Coventry Road

High Point, NC 27262

  • 54 days on market
    • Price drop $20,000↓
Beautiful & Spacious Brick Ranch for Sale! This charming home features 3 bedrooms and 2 full bathrooms on the main floor, all with updated flooring. The layout includes a separate living room with a cozy fireplace, a family room, and a formal dining room. Additionally, there is a beautiful sunroom, perfect for relaxation, with extra windows that provide ample natural light and stunning views. The large kitchen includes a dining area, and updated flooring continues throughout the home. Both bathrooms and the laundry room are generously sized. The property offers a 2-car garage with ample parking space, and a custom-built shed in the backyard provides extra storage. There is also a setup in place for a third full bathroom. The expansive finished basement features another charming fireplace, a separate 4th bedroom, and a fully functional kitchen. This home is ideal for anyone looking for more space and endless possibilities!

Details

Property type

Single Family Residence

Est. home value

$332,992

Lot size

0.40 acres

Price per sq ft

$131

Year built

1969

Annual property taxes

$3,282.4

Price History

12/14/2024
TriadMLS

TriadMLS #1161155

Price change
$350,000
-5.41%
11/27/2024
TriadMLS

TriadMLS #1161155

Price change
$370,000
-5.13%
10/29/2024
TriadMLS

TriadMLS #1161155

Listed
$390,000
+125.68%

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

$171,277
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$150,723
Cash to seller
$171,277

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

October 2018

Original loan amount

$169,682

Est. remaining balance

$150,723

Interest rate

4.52%

Loan type

FHA, 30 year

Seller

Waqar Ahmed and Mohammed S Ahmed

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: 12/23/2024 at 2:40 AM

Listing updated: 12/14/2024 at 8:51 AM

Listed by: Mumtaz "Taz" Ameen, ELYSIAN1, LLC Phone #: (336) 210-3560

MLS: TriadMLS #1161155

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