tomo logo

$181,500

Beds
2
Baths
1.0
sq ft
789

202 Hovis Road, Stanley, NC 28164

202 Hovis Road

Stanley, NC 28164

  • 19 days on market
    • Price drop $4,500↓
With a little imagination and TLC, this home could be transformed into a dream residence in a highly sought-after location. Whether you're a first-time homebuyer or someone looking for a project, this property offers the perfect blend of potential and opportunity. This charming 2-bedroom, 1-bath home is a fantastic opportunity for anyone looking to invest in a property with great potential. Located just minutes from downtown Stanley and in close proximity to Belmont and Gastonia, this home sits on a .35-acre corner lot, fully fenced in for privacy! Inside, you'll find fresh new carpet in the living room and bedrooms, providing a cozy foundation to make this home your own. The property also features a new water heater installed in 2024, adding to the value and convenience! In addition to the house, there's a spacious 2-story shed with electricity, offering endless possibilities for use as a workshop, storage, or even a home office. Don't miss out and schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$153,795

Lot size

Unknown

Price per sq ft

$231

Year built

1940

Price History

03/26/2025
CanopyMLS

CanopyMLS #4227810

Price change
$181,500
-2.42%
03/14/2025
CanopyMLS

CanopyMLS #4227810

Listed
$186,000
+55%
11/18/2022
CanopyMLS

CanopyMLS #3908121

Sold
$120,000

Schools & Community

Elementary school: 

Kiser

Middle school: 

Stanley

High school: 

East Gaston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

November 2022

Original loan amount

$116,400

Est. remaining balance

Not provided

Interest rate

5.15%

Loan type

New Conventional, 30 year

Seller

Fnu Sunu Balan

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: 04/02/2025 at 5:05 PM

Listing updated: 03/26/2025 at 12:15 PM

Listed by: Norma Santos Vega, Allen Tate Belmont Phone #: (704) 825-1486

MLS: CanopyMLS #4227810

CanopyMLS logo

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