tomo logo

$299,900

Beds
2
Baths
2.0
sq ft
2,087

223 East Railroad Street, Spring Hope, NC 27882

223 East Railroad Street

Spring Hope, NC 27882

  • 166 days on market
    • Price drop $30,000↓
Discover the charm of this early architecture unique home, thoughtfully converted into a two-unit Duplex in the heart of historic Spring Hope! featuring original hard wood floors, this property is a blank canvas, awaiting your personal touch. A fantastic opportunity for investors, conveniently located within walking distance to charming local shops & restaurants. No HOA! Don't miss out on this rare gem in Spring Hope!

Details

Property type

Duplex

Est. home value

$210,782

Lot size

0.26 acres

Price per sq ft

$144

Year built

1910

Annual property taxes

$1,191.89

Price History

08/29/2024
TriangleMLS

TriangleMLS #10040136

Price change
$299,900
-9.09%
07/09/2024
TriangleMLS

TriangleMLS #10040136

Listed
$329,900
+339.87%
04/29/2019
NorthCarolinaRegional

NorthCarolinaRegional #100146935

Sold
$75,000

Schools & Community

Elementary school: 

Nash - Spring Hope

Middle school: 

Nash - Southern Nash

High school: 

Nash - Southern Nash

Community features: 

None

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

$191,296
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$84,612
Cash to seller
$191,296

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

January 2022

Original loan amount

$90,000

Est. remaining balance

$84,612

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Michael Scott Mills and Madeline Stiles Mills

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: 12/23/2024 at 1:25 PM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Dan Gunther, Allen Tate/ Lake Royale Phone #: (252) 478-5608

MLS: TriangleMLS #10040136

TriangleMLS logo

Recently listed in Spring Hope