tomo logo

$260,000

Beds
3
Baths
2.0
sq ft
1,601

1427 Tory Lane, Asheboro, NC 27205

1427 Tory Lane

Asheboro, NC 27205

  • 1 day on market
    • Price drop $20,000↓
Welcome to this charming Cape Cod-style home nestled on a generous 1.45-acre lot, offering both tranquility and convenience. This property is USDA eligible, presenting an excellent opportunity for buyers seeking favorable financing options. Key Features: 3 Bedrooms, 2 Bathrooms: Including a primary suite conveniently located on the main level. Modern Updates: A new heat pump installed in 2019 ensures year-round comfort. Outdoor Living: Enjoy an above-ground swimming pool, storage building, and a playground area. Spacious Lot with No HOA: Relish the freedom of homeownership without the constraints of a homeowners association. This property is being sold as-is and is attractively priced below market value to sell. Don't miss the opportunity to make this delightful home your own in a location that combines rural charm with modern conveniences.

Details

Property type

Single Family Residence

Est. home value

$270,402

Lot size

1.45 acres

Price per sq ft

$163

Year built

2001

Annual property taxes

$1,512

Price History

11/12/2024
TriadMLS

TriadMLS #1162576

Listed
$260,000
+36.91%
01/06/2021
TriadMLS

TriadMLS #998634

Sold
$189,900

Schools & Community

Elementary school: 

Charles W. McCrary

Middle school: 

North Asheboro

High school: 

Asheboro

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

$64,101
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$175,099
Cash to seller
$64,101

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

January 2021

Original loan amount

$191,818

Est. remaining balance

$175,099

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Michael R Harden and Laronda D Majette

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: 11/14/2024 at 11:10 AM

Listing updated: 11/12/2024 at 4:11 PM

Listed by: Mohammad Parwez, Ram Realty Phone #: (704) 620-8208

MLS: TriadMLS #1162576

TriadMLS logo

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