tomo logo

$2,200,000

Beds
7
Baths
6.5
sq ft
6,903

1347 Us Hwy 64 East, Mocksville, NC 27028

1347 Us Hwy 64 East

Mocksville, NC 27028

  • 58 days on market
    • Price drop $100,000↓
This historic Wm Van Eaton Sprinkle designed home is set on over 17 ac. of breathtaking farmland. This unique estate offers 7 BR/6.5 baths, with elaborate moldings, staircase, and flooring. Recent updates include newer windows, HVACs, metal roof, and ductwork, ensuring modern comfort. The property features tongue and groove ceilings, a gated drive, and endless potential for a Bed and Breakfast or Airbnb. The 4,250 sf Barn Venue is perfect for weddings, parties, and agricultural activities, potentially serving as a Cider/Tap house and is currently leased most weekends into 2025. The working farm boasts fenced pastures, a 3/4 acre pond, a 60x20 animal barn, and numerous outbuildings. Enjoy the bounty of 3,000 Christmas trees, an acre of pumpkins, various fruit trees and berry bushes. Relax after work in the salt-water pool. This estate is not just a home; it's an opportunity to create a lifestyle of tranquility and potential income. Explore endless possibilities. See Virtual Tour !

Details

Property type

Single Family Residence

Est. home value

$995,883

Lot size

17.36 acres

Price per sq ft

$319

Year built

1957

Annual property taxes

$4,433

Price History

09/04/2024
TriadMLS

TriadMLS #1149243

Price change
$2,200,000
-4.35%
07/20/2024
TriadMLS

TriadMLS #1149243

Listed
$2,300,000
+200.65%
06/07/2021
TriadMLS

TriadMLS #1017783

Sold
$765,000

Schools & Community

Elementary school: 

Cornatzer

Middle school: 

William Ellis

High school: 

Davie County

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pnc Bank Na

Loan start date

August 2023

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Credit Line (Revolving), 40 year

Seller

Shawn Koren and Rachael Koren

Lender

First Citizens Bank & Trust Co

Loan start date

June 2021

Original loan amount

$52,600

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Commercial

Seller

Shawn Koren and Rachael Carol Koren

Lender

Intercoastal Mortgage

Loan start date

June 2021

Original loan amount

$548,250

Est. remaining balance

$509,999

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Shawn Koren and Rachael Koren

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?

Status: Active

Tomo last checked: 09/16/2024 at 4:15 PM

Listing updated: 09/04/2024 at 1:05 PM

Listed by: Marjorie D. Foster, Premier Realty NC Phone #: (336) 998-7777

MLS: TriadMLS #1149243

TriadMLS logo

Recently listed in Mocksville