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$220,000

Beds
3
Baths
1.0
sq ft
1,632

229 Friendship Drive, Ellenboro, NC 28040

229 Friendship Drive

Ellenboro, NC 28040

  • 53 days on market
Discover this super cute remodeled bungalow, where classic charm meets modern updates! Featuring a delightful country kitchen and a formal dining room with plenty of space for gatherings, this home offers exceptional value for the money. Enjoy the convenience of a huge outside storage or workshop building, perfect for hobbies or additional storage needs. With its inviting atmosphere and functional spaces, this bungalow is a must-see for anyone seeking comfort and practicality.

Details

Property type

Single Family Residence

Est. home value

$226,878

Lot size

Unknown

Price per sq ft

$135

Year built

1930

Price History

09/12/2024
CanopyMLS

CanopyMLS #4182765

Listed
$220,000
+14.29%
01/26/2023
CanopyMLS

CanopyMLS #3918172

Sold
$192,500
+60.42%
07/10/2020
CanopyMLS

CanopyMLS #3586143

Sold
$120,000

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

$11,979
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$190,421
Cash to seller
$11,979

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

Seller’s Loan History

Lender

Homestar Financial Corp

Loan start date

January 2023

Original loan amount

$194,444

Est. remaining balance

$190,421

Interest rate

6.33%

Loan type

USDA, 30 year

Seller

Paul J Koval Iii

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: 11/05/2024 at 6:30 AM

Listing updated: 10/28/2024 at 11:59 AM

Listed by: Sherry Horn, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4182765

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