tomo logo

$420,000

Beds
8
Baths
4.0
sq ft
3,370

2305 Emily Street, Fayetteville, NC 28301

2305 Emily Street

Fayetteville, NC 28301

  • 109 days on market
    • Price drop $10,000↓
Great investment opportunity. Quadruplex is located close to Fayetteville State University, shopping, I-295, and Fort Liberty; all in the heart of proposed revitalization. Each unit features 2-bedrooms/1 bath with separate meters and mini split HVAC. Property is tenant-occupied. DO NOT DISTURB THE TENANT. Do not go to the property without an approved/confirmed appointment scheduled at least 24 hours advance, coordinated with the property manager of Soldiers First Real Estate. Pre-approval or proof of funds is required prior to showing. All units are under lease for $795-$930. Property is sold as-is.

Details

Property type

Single Family Residence

Est. home value

$431,002

Lot size

0.34 acres

Price per sq ft

$125

Year built

1977

Price History

10/13/2024
TriangleMLS

TriangleMLS #LP729947

Price change
$420,000
-2.33%
08/02/2024
TriangleMLS

TriangleMLS #LP729947

Listed
$430,000
+13.16%
04/06/2023
NorthCarolinaRegional

NorthCarolinaRegional #100368489

Sold
$380,000
+43.4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$125,578
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$260,822
Cash to seller
$125,578

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

Seller’s Loan History

Lender

General Mortgage Capital Corp

Loan start date

March 2023

Original loan amount

$266,000

Est. remaining balance

$260,822

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Adam D Robertson

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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Price drop
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514 Coxwold Place, Fayetteville, NC 28311

Status: Active

Tomo last checked: 11/20/2024 at 2:35 AM

Listing updated: 10/19/2024 at 11:25 AM

Listed by: WANDA WALKER, TOWNSEND REAL ESTATE Phone #: (910) 323-1110

MLS: TriangleMLS #LP729947

TriangleMLS logo

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