tomo logo

$440,000

Beds
4
Baths
3.5
sq ft
2,573

2105 Timber Ridge Road, Monroe, NC 28112

2105 Timber Ridge Road

Monroe, NC 28112

  • 125 days on market
    • Price drop $10,000↓
Step into this beautifully updated Monroe home, boasting 4 bedrooms and 3.5 bathrooms. The fully finished basement includes its own living room and laundry, offering additional space and convenience. Situated on a spacious lot along a tranquil road, this property combines modern style with serene surroundings. Don't miss out—schedule your tour today! Property qualifies for the first national bank home ownership plus program, up to $20,000 in down payment. Contact Brian Jones for more information (704) 608.4225

Details

Property type

Single Family Residence

Est. home value

$375,549

Lot size

Unknown

Price per sq ft

$172

Year built

2002

Price History

01/29/2025
CanopyMLS

CanopyMLS #4193047

Price change
$440,000
-2.22%
10/21/2024
CanopyMLS

CanopyMLS #4193047

Listed
$450,000
+72.41%
03/31/2021
CanopyMLS

CanopyMLS #3711561

Sold
$261,000

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

$178,429
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$226,371
Cash to seller
$178,429

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

March 2021

Original loan amount

$247,950

Est. remaining balance

$226,371

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Henry A Suvillaga Urbina

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: 02/23/2025 at 5:25 PM

Listing updated: 02/22/2025 at 12:44 PM

Listed by: Evelyn Suvillaga Urbina, COMPASS Phone #: (704) 234-7880

MLS: CanopyMLS #4193047

CanopyMLS logo

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