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$250,000

Beds
2
Baths
2.0
sq ft
1,113

1614 West Cotton Gin Drive, Clayton, NC 27527

1614 West Cotton Gin Drive

Clayton, NC 27527

  • 37 days on market
    • Price drop $5,000↓
Beautiful townhome with two bedrooms and two full bathrooms. Open floor plan. It has a private deck for your morning coffee.

Details

Property type

Single Family Residence

Est. home value

$264,954

Lot size

7,405.2 sq ft

Price per sq ft

$225

Year built

2002

Annual property taxes

$1,247.6

Monthly HOA fee

$129

Price History

03/31/2025
TriangleMLS

TriangleMLS #10078427

Price change
$250,000
-1.96%
03/25/2025
TriangleMLS

TriangleMLS #10078427

Price change
$255,000
-1.92%
03/11/2025
TriangleMLS

TriangleMLS #10078427

Price change
$260,000
-1.85%

Schools & Community

Elementary school: 

Johnston - E Clayton

Middle school: 

Johnston - Archer Lodge

High school: 

Johnston - Corinth Holder

Community features: 

Pool

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

$86,569
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$143,431
Cash to seller
$86,569

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

May 2022

Original loan amount

$150,000

Est. remaining balance

$143,431

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Constance Richardson

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: 04/04/2025 at 5:10 AM

Listing updated: 03/31/2025 at 4:11 PM

Listed by: Rhonda Kosor, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10078427

TriangleMLS logo

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