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$399,777

Beds
3
Baths
3.0
sq ft
2,579

188 Lothian, Rocky Mount, NC 27804

188 Lothian

Rocky Mount, NC 27804

  • 68 days on market
    • Price drop $25,223↓
MOTIATED SELLER!!! Huge Price Drop and the Seller is offering $4,000 towards closing cost! Built in 2021, this charming 3 bedroom / 3 bath home is a fantastic value! Lovely and quaint exterior and breathtaking interior, it truly offers everything you could wish for. Enjoy the elegance of granite countertops, high ceilings in both 1st and 2nd floor bedrooms. The home also features ample walk-in closets, a pantry, front and back porches, an office and a large bonus room that invites you to make it your own. All stainless-steel kitchen appliances are included, so you can simply pick up the keys and settle in.

Details

Property type

Single Family Residence

Est. home value

$377,897

Lot size

0.29 acres

Price per sq ft

$156

Year built

2021

HOA fee

$1,360

Price History

09/30/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466473

Price change
$399,777
-5.93%
09/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466473

Listed
$425,000
+29.97%
12/07/2021
TriangleMLS

TriangleMLS #2397420

Sold
$326,990
-2.21%

Schools & Community

Elementary school: 

Hubbard

Middle school: 

Red Oak

High school: 

Northern Nash

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

$65,822
Asking price
$399,777
Closing costs (~8% of asking)
-$31,982
Est. remaining loan balance
-$301,973
Cash to seller
$65,822

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

November 2021

Original loan amount

$322,000

Est. remaining balance

$301,973

Interest rate

3.05%

Loan type

FHA, 30 year

Seller

Latonya Busby

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: 11/23/2024 at 2:50 PM

Listing updated: 10/30/2024 at 11:32 PM

Listed by: Carolyn D Strand, Strand and Strand Realty, LLC Phone #: (252) 443-0550

MLS: NorthCarolinaRegional #100466473

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