tomo logo

$85,000

Beds
3
Baths
1.0
sq ft
975

2317 Briarfield Road, Kinston, NC 28501

2317 Briarfield Road

Kinston, NC 28501

  • 66 days on market
Charming 3-Bedroom Investment Opportunity! This cozy 3-bedroom, 1-bathroom home located in the heart of Kinston offers great potential for investors or first-time buyers looking for an affordable option. Built in 1953 and nestled in the established Greenmeade subdivision, the property features approximately 975 sq. ft. of living space, making it the perfect canvas for personalization and upgrades. Property Highlights: Equipped with a heat pump for year-round comfort. Asbestos and wood siding with a composition shingle roof. The lot covers 0.21 acres and offers potential for future landscaping or outdoor improvements. Close to schools, shopping, and downtown Kinston. No HOA or community amenities, offering flexibility for buyers or tenants. This home is a great value for anyone looking to invest in a property with potential to grow in value or serve as a charming personal residence with some updates. Pictures reflect the home before the tenant moved in.

Details

Property type

Single Family Residence

Est. home value

$66,937

Lot size

9,148 sq ft

Price per sq ft

$88

Year built

1953

Price History

09/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100466844

Listed
$85,000
+65.05%
11/08/2022
NorthCarolinaRegional

NorthCarolinaRegional #100330786

Sold
$51,500

Schools & Community

Elementary school: 

Lenoir County Schools

Middle school: 

Lenoir County Schools

High school: 

Lenoir County Schools

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

$27,937
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$50,263
Cash to seller
$27,937

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

Seller’s Loan History

Lender

Self Help Fcu

Loan start date

November 2022

Original loan amount

$51,500

Est. remaining balance

$50,263

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Tobias Gerard Hatch Jr

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: 11/23/2024 at 3:50 AM

Listing updated: 09/18/2024 at 9:17 PM

Listed by: JIM WEESE, ALDRIDGE & SOUTHERLAND Phone #: (252) 756-3500

MLS: NorthCarolinaRegional #100466844

NorthCarolinaRegional logo

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