tomo logo

$400,000

Beds
4
Baths
3.0
sq ft
2,940

202 Smith Street, Locust, NC 28097

202 Smith Street

Locust, NC 28097

  • 8 days on market
Welcome to a charming residence in Locust offering the perfect blend of country serenity and city convenience just a short drive to Charlotte's uptown. This versatile home features a fully finished basement with a private walk-in, ideal for dual-family living, accommodating parents or generating rental income. Outdoor enthusiasts will appreciate the RV outlet and the fire pit area. There are 2 outdoor buildings one is a fully enclosed carport. In a couple mile radius you have grocery stores, Walmart, Starbucks and much more. This gem will not last long on the market!

Details

Property type

Single Family Residence

Est. home value

$389,245

Lot size

Unknown

Price per sq ft

$137

Year built

1972

Price History

07/01/2024
CanopyMLS

CanopyMLS #4156427

Listed
$400,000
+33.33%
04/13/2021
CanopyMLS

CanopyMLS #3703139

Sold
$300,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$117,520
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$250,480
Cash to seller
$117,520

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

April 2021

Original loan amount

$270,000

Est. remaining balance

$250,480

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Denys Malynovskyi and Ihor Malynovskyi

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: 07/07/2024 at 4:55 PM

Listing updated: 07/06/2024 at 2:13 PM

Listed by: Angelica Balashova, Akin Realty LLC Phone #: (704) 989-7411

MLS: CanopyMLS #4156427

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