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$505,000

Beds
3
Baths
2.0
sq ft
2,162

22 Shallow Branch Road, Leicester, NC 28748

22 Shallow Branch Road

Leicester, NC 28748

  • 133 days on market
Charming Home with Stunning Views in Leicester, NC. Nestled on a serene 1-acre parcel, this property offers stunning long-range pastoral and mountain vistas, providing a picturesque backdrop for everyday living. The home features 3 bedrooms, 2 full bathrooms, a sitting room/ flex space, a mudroom with sink, and a built-in office space that suits the needs of remote workers or students. Updates include all new windows and to support aging in place, a walk-in primary shower, solid surface flooring throughout, low rise front entry and a convenient ramp for easy accessibility from the carport. This home is ideal for buyers seeking a peaceful retreat with modern amenities and stunning natural surroundings. An adjacent 100-acre parcel has been recently purchased by an alpaca farm, adding to the charm and unique appeal of the area. 1st Time buyers got Cold Feet! Don't miss the chance to own this remarkable property.

Details

Property type

Single Family Residence

Est. home value

$409,360

Lot size

Unknown

Price per sq ft

$234

Year built

2004

Monthly HOA fee

$8.33

Price History

01/28/2025
CanopyMLS

CanopyMLS #4195213

Listed
$505,000
01/15/2025
CanopyMLS

CanopyMLS #4195213

Pending
$505,000
01/02/2025
CanopyMLS

CanopyMLS #4195213

Listed
$505,000

Schools & Community

Elementary school: 

Leicester/Eblen

Middle school: 

Clyde A Erwin

High school: 

Clyde A Erwin

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

$160,853
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$303,747
Cash to seller
$160,853

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2022

Original loan amount

$317,200

Est. remaining balance

$303,747

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Thalia A Morris and Leah Fox

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: 03/10/2025 at 2:30 PM

Listing updated: 02/24/2025 at 4:49 PM

Listed by: Galen Walter, LPT Realty, LLC Phone #: (877) 366-2213

MLS: CanopyMLS #4195213

CanopyMLS logo

Recently listed in Leicester