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$525,000

Beds
3
Baths
2.5
sq ft
2,397

2420 Farm Gate Road, Browns Summit, NC 27214

2420 Farm Gate Road

Browns Summit, NC 27214

  • 50 days on market
You're going to LOVE living at 2420 Farmgate Road! Located in the beautiful Hidden Lake Farm neighborhood and minutes from everything that Browns Summit and Greensboro have to offer. Enjoy sipping your morning coffee on the rocking-chair front porch or lounging on the rear screened-in porch overlooking your private fenced-in backyard. The kitchen features several upgrades including granite countertops, tile backsplash, stainless steel appliances, and a custom bar area with built-in cabinets and beverage fridge. Just off the kitchen is the spacious family room complete with a beautiful stone fireplace. The second level features the oversized primary suite with dual closets, as well as the home's 2 guest rooms. Other upgrades include New Roof (2021) and water heater (2022). Minutes to Bryan Park Golf Course, Lake Townsend, and the Bryan Park sports complex.

Details

Property type

Single Family Residence

Est. home value

$373,547

Lot size

1.06 acres

Price per sq ft

$220

Year built

1990

Annual property taxes

$2,224.47

Monthly HOA fee

$12.5

Price History

11/01/2024
TriadMLS

TriadMLS #1161800

Listed
$525,000
+116.05%
09/24/2019
TriadMLS

TriadMLS #939763

Sold
$243,000

Schools & Community

Elementary school: 

Reedy Fork

Middle school: 

Northeast

High school: 

Northeast

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

$162,769
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$320,231
Cash to seller
$162,769

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

December 2021

Original loan amount

$342,000

Est. remaining balance

$320,231

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Ryan D Gwynn and Taylor M Gwynn

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: 12/22/2024 at 5:00 PM

Listing updated: 12/18/2024 at 3:31 AM

Listed by: Ryan Gwynn, Leggette Realty Group LLC Phone #: (800) 218-9294

MLS: TriadMLS #1161800

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