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$212,500

Beds
2
Baths
1.0
sq ft
963

207 Simpson St, Elizabeth City, NC 27909

207 Simpson St

Elizabeth City, NC 27909

  • 24 days on market
    • Price drop $2,500↓
This delightful cottage in Elizabeth City boasts numerous updates, making it a must-see! Enjoy fresh paint and new flooring throughout, along with a beautifully updated kitchen featuring granite countertops and tile backsplash . The home includes two bedrooms and an additional 371 square feet of finished attic space, perfect for a flex area or office. The exterior has a handy storage shed in the backyard for additional storage Conveniently located near downtown and the bypass, this home offers both comfort and accessibility. Don't miss out on this gem! Seller providing a 600 towards a home warranty at closing. Schedule Now!

Details

Property type

Single Family Residence

Est. home value

$145,809

Lot size

6,970 sq ft

Price per sq ft

$221

Year built

1951

Price History

11/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100473492

Price change
$212,500
-1.16%
10/30/2024
NorthCarolinaRegional

NorthCarolinaRegional #100473492

Listed
$215,000
+202.82%
04/30/2021
NorthCarolinaRegional

NorthCarolinaRegional #8103000

Sold
$71,000

Schools & Community

Elementary school: 

P.W. Moore Elementary

Middle school: 

Elizabeth City Middle School

High school: 

Pasquotank County High School

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

$98,083
Asking price
$212,500
Closing costs (~8% of asking)
-$17,000
Est. remaining loan balance
-$97,417
Cash to seller
$98,083

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

October 2022

Original loan amount

$100,000

Est. remaining balance

$97,417

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

M & M Ventures Llc

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 12:05 AM

Listing updated: 11/15/2024 at 7:02 PM

Listed by: Holly Long, The Real Estate Group Carolina Properties Phone #: (757) 410-8500

MLS: NorthCarolinaRegional #100473492

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