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$277,000

Beds
3
Baths
3.0
sq ft
2,664

230 Summit Avenue, Albemarle, NC 28001

230 Summit Avenue

Albemarle, NC 28001

  • 51 days on market
    • Price drop $22,900↓
HUGE PRICE REDUCTION, SELLER MOTIVATED!! Investment opportunity or great starter home. Enchanting 1 story all-brick home with a huge finished basement. This delightful 3 beds, 3 baths house is seated on a corner lot. Although the house has been partially updated, it conserves it's elegance and classic style. Hardwood flooring practically all over the house, modern and cozy kitchen, big windows that allow the sun to illuminate the house with natural sunlight, and a lovely wood-burning fireplace in the living room, turn this beautiful house into anybody's dream home. Enjoy the ample deck to sit-down, relax and enjoy the view of the surrounding trees in the backyard. This house is as pretty as a picture. Furthermore, the 1146 sq. ft. finished basement with a bath, add the perfect complement to this amazing house. You can use it as a gym, entertainment room, an office, your private room, or all of the above. The possibilities are endless. Come see your future home, you're going to love it.

Details

Property type

Single Family Residence

Est. home value

$266,543

Lot size

Unknown

Price per sq ft

$104

Year built

1938

Price History

10/09/2024
CanopyMLS

CanopyMLS #4185584

Price change
$277,000
-7.64%
10/01/2024
CanopyMLS

CanopyMLS #4185584

Price change
$299,900
-2.28%
09/22/2024
CanopyMLS

CanopyMLS #4185584

Listed
$306,900
-1%

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

$5,801
Asking price
$277,000
Closing costs (~8% of asking)
-$22,160
Est. remaining loan balance
-$249,039
Cash to seller
$5,801

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

Seller’s Loan History

Lender

Rapid Mortgage Company

Loan start date

June 2023

Original loan amount

$252,900

Est. remaining balance

$249,039

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Anthony Roger Holgun

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: 11/12/2024 at 5:35 PM

Listing updated: 11/06/2024 at 12:49 AM

Listed by: Marco Costa, Paola Alban Realtors Phone #: (704) 563-1919

MLS: CanopyMLS #4185584

CanopyMLS logo

Recently listed in Albemarle