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$262,000

Beds
3
Baths
2.5
sq ft
2,160

1327 Cotswald Terrace, Reidsville, NC 27320

1327 Cotswald Terrace

Reidsville, NC 27320

  • 80 days on market
    • Price drop $8,000↓
USDA, FHA, and VA eligible! Welcome to your dream home! This spacious townhome boasts 3 bedrooms, 2.5 bathrooms, with primary suite on the main floor. From the moment you step inside, you'll be greeted by the warmth and charm of this inviting space. The bedrooms are spacious and bright, offering a peaceful retreat at the end of the day. Enjoy your morning coffee in the sun-filled sunroom, or curl up with a book in the tranquil loft. This townhome is perfect for those who love to entertain indoor or outdoor space is perfect. Don't miss your chance to make this charming townhome yours. Schedule a showing today and make this dream home a reality! HOA has proposed plans to reconstruct the lake behind the townhome. Work begins in June. Please see agent remarks.

Details

Property type

Townhouse

Est. home value

$280,224

Lot size

Unknown

Price per sq ft

$122

Year built

1987

Annual property taxes

$2,435

Monthly HOA fee

$100

Price History

07/08/2024
TriadMLS

TriadMLS #1140645

Price change
$262,000
-2.96%
05/17/2024
TriadMLS

TriadMLS #1140645

Price change
$270,000
-3.57%
04/27/2024
TriadMLS

TriadMLS #1140645

Listed
$280,000
+28.15%

Schools & Community

Elementary school: 

South End

Middle school: 

Reidsville

High school: 

Reidsville

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

$73,439
Asking price
$262,000
Closing costs (~8% of asking)
-$20,960
Est. remaining loan balance
-$167,601
Cash to seller
$73,439

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

April 2022

Original loan amount

$174,800

Est. remaining balance

$167,601

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Leah Lochan

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: 07/17/2024 at 1:50 AM

Listing updated: 07/08/2024 at 7:23 PM

Listed by: Pamela Morales, Allen Tate Oak Ridge Commons Phone #: (336) 644-1238

MLS: TriadMLS #1140645

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