tomo logo

$700,000

Beds
4
Baths
3.0
sq ft
4,261

220 South Fayetteville Street, Clayton, NC 27520

220 South Fayetteville Street

Clayton, NC 27520

  • Pending
Don't miss out on this HISTORICAL TREASURE JUST 1 BLOCK from the new Downtown Clayton ''Social District''! Built in 1921, this remarkable Colonial Revival provides all the beauty of modern updates while still capturing timeless character! Featuring an elliptical entrance portico, stunning 11' ceilings, leaded glass transom windows, some of the original hardwoods and beautiful pocket doors! Recent Renovations include Kitchen in 2023 and Jack and Jill bathroom upstairs in 2023. Schedule your showing soon...these pieces of history don't last long!

Details

Property type

Single Family Residence

Est. home value

$620,007

Lot size

0.32 acres

Price per sq ft

$165

Year built

1921

Annual property taxes

$4,895.35

Price History

12/20/2024
TriangleMLS

TriangleMLS #10065859

Pending
$700,000
12/04/2024
TriangleMLS

TriangleMLS #10065859

Listed
$700,000
+8.53%
04/29/2022
TriangleMLS

TriangleMLS #2435487

Sold
$645,000
+57.32%

Schools & Community

Elementary school: 

Johnston - Cooper Academy

Middle school: 

Johnston - Riverwood

High school: 

Johnston - Clayton

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

$107,308
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$536,692
Cash to seller
$107,308

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$565,250

Est. remaining balance

$536,692

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Teresa L Adams and Jackie L Peele

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: Pending/Under Contract

Tomo last checked: 12/23/2024 at 6:40 PM

Listing updated: 12/20/2024 at 4:45 PM

Listed by: Jaclyn Smith, HomeTowne Realty Phone #: (919) 550-7355

MLS: TriangleMLS #10065859

TriangleMLS logo

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