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$450,000

Beds
5
Baths
3.5
sq ft
3,696

225 Ridge Lane, Gastonia, NC 28054

225 Ridge Lane

Gastonia, NC 28054

  • 67 days on market
    • Price drop $10,000↓
Spacious ranch close to everything! Great location on a LARGE .7 +/- acre lot with mature trees. Very generous rooms and check out the square footage! Perfect as it is but plenty of potential to make it your own. Put this one on your list as these do not come up often in this area.

Details

Property type

Single Family Residence

Est. home value

$453,584

Lot size

Unknown

Price per sq ft

$122

Year built

1951

Price History

06/28/2024
CanopyMLS

CanopyMLS #4133757

Price change
$450,000
-2.17%
06/21/2024
CanopyMLS

CanopyMLS #4133757

Price change
$460,000
-3.16%
06/09/2024
CanopyMLS

CanopyMLS #4133757

Price change
$475,000
-5%

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

$161,301
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$252,699
Cash to seller
$161,301

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$267,000

Est. remaining balance

$252,699

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Sylvia Schorr Proctor and Reed B Proctor Ii

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: 07/05/2024 at 12:00 AM

Listing updated: 06/28/2024 at 2:16 PM

Listed by: Tyler Goldsmith, Better Homes and Gardens Real Estate Paracle Phone #: (704) 912-4020

MLS: CanopyMLS #4133757

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Recently listed in Gastonia