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$215,000

Beds
2
Baths
1.0
sq ft
1,214

161 Ped Road, Madison, NC 27025

161 Ped Road

Madison, NC 27025

  • Pending
Presenting this charming ranch home with a surprising amount of space inside. The home features hardwood floors throughout and stainless-steel kitchen appliances, with the refrigerator included. The tiled shower adds a nice touch to the bathroom. It's a 2-bedroom home with a flexible room that could be used as a third bedroom or office, complete with a closet. A cozy sitting room off the kitchen is perfect for game nights or quiet reading. The property is tucked away in a peaceful country setting, offering a serene escape. Additionally, the seller is offering a 1-year home warranty valued up to $600.

Details

Property type

Single Family Residence

Est. home value

$205,403

Lot size

0.56 acres

Price per sq ft

$178

Year built

1952

Annual property taxes

$1,233

Price History

02/21/2025
TriadMLS

TriadMLS #1170632

Pending
$215,000
02/20/2025
TriadMLS

TriadMLS #1170632

Listed
$215,000
+79.17%
10/20/2016
TriadMLS

TriadMLS #800851

Sold
$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

$99,103
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$98,697
Cash to seller
$99,103

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

September 2016

Original loan amount

$121,212

Est. remaining balance

$98,697

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Annette Howerton Bridges

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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7261 North Carolina Highway 704, Madison, NC 27025

Status: Pending/Under Contract

Tomo last checked: 02/23/2025 at 6:25 PM

Listing updated: 02/21/2025 at 11:01 AM

Listed by: Amy Clark, Allen Tate - Greensboro Phone #: (336) 273-7771

MLS: TriadMLS #1170632

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