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$95,000

Beds
2
Baths
1.0
sq ft
950

1609 Fowler Place, High Point, NC 27260

1609 Fowler Place

High Point, NC 27260

  • 115 days on market
Discover a high-performing rental property that’s perfect for both beginner investors and seasoned pros! This well-maintained gem boasts consistent cash flow, excellent location, and a strong rental history. With the potential to be included in a multi-package rental portfolio, you'll benefit from diversified income streams and reduced management overhead. Don’t miss this chance to grow your investment portfolio strategically. Contact us today to learn more about this exceptional!

Details

Property type

Single Family Residence

Est. home value

$108,460

Lot size

6,970 sq ft

Price per sq ft

$100

Year built

1917

Annual property taxes

$886

Price History

07/30/2024
TriadMLS

TriadMLS #1150687

Listed
$95,000
-20.83%
07/24/2024
TriadMLS

TriadMLS #1129603

Removed
$120,000
05/13/2024
TriadMLS

TriadMLS #1129603

Listed
$120,000

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

$61,505
Asking price
$95,000
Closing costs (~8% of asking)
-$7,600
Est. remaining loan balance
-$25,895
Cash to seller
$61,505

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

Seller’s Loan History

Lender

Equity Services Inc

Loan start date

February 2003

Original loan amount

$56,000

Est. remaining balance

$25,895

Interest rate

5.85%

Loan type

Not Provided, 30 year

Seller

Matthew Thomas Kipp

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: 11/22/2024 at 5:30 PM

Listing updated: 08/06/2024 at 1:33 PM

Listed by: Clark Michael, Elevated Realty Phone #: (336) 669-1669

MLS: TriadMLS #1150687

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