tomo logo

$130,000

Beds
2
Baths
1.0
sq ft
992

2607 Alabama Avenue, New Bern, NC 28560

2607 Alabama Avenue

New Bern, NC 28560

  • 10 days on market
Great investment opportunity or perfect starter home! Well-maintained 2-bedroom, 1-bathroom property with a functional floor plan offers an exceptional opportunity for first-time homebuyers and investors alike. An additional flex-room can be utilized as a third bedroom, office, game room, or whatever suits your needs. Well-appointed kitchen/dining area. Covered front porch, fenced in backyard. New paint March 2024. Convenient location (~2mi to downtown, ~3mi to major shopping center). Strong rental history with the capability to cash-flow from day one. Currently leased until 3/2025 for $1,300/mo. Well maintained by professional local property management company. Don't miss out on this great opportunity - schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$115,642

Lot size

7,405 sq ft

Price per sq ft

$132

Year built

1924

Annual property taxes

$835.18

Price History

11/13/2024
NorthCarolinaRegional

NorthCarolinaRegional #100475687

Listed
$130,000
+20.37%
07/29/2022
NorthCarolinaRegional

NorthCarolinaRegional #100334859

Sold
$108,000
+50%
08/20/2020
NorthCarolinaRegional

NorthCarolinaRegional #100221080

Sold
$72,000

Schools & Community

Elementary school: 

Oaks Road

Middle school: 

H. J. MacDonald

High school: 

New Bern

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Provident Funding Associates Lp

Loan start date

July 2022

Original loan amount

$86,400

Est. remaining balance

$83,556

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Brent S Gillespie

Lender

Provident Funding Associates Lp

Loan start date

July 2022

Original loan amount

$110,400

Est. remaining balance

$106,530

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Brent S Gillespie

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?

Similar Homes Nearby

Price drop
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$120,000
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|
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House

513 2nd Avenue, New Bern, NC 28560

Status: Active

Tomo last checked: 11/23/2024 at 5:50 PM

Listing updated: 11/13/2024 at 12:17 PM

Listed by: Andrew Gillespie, Better Realty LLC Phone #: (980) 233-1490

MLS: NorthCarolinaRegional #100475687

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