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$150,000

Beds
3
Baths
2.0
sq ft
1,063

285 Summit Street, Rural Hall, NC 27045

285 Summit Street

Rural Hall, NC 27045

  • Pending
Say "HI!" to this charming 3 bed, 2 bath bungalow, beautifully remodeled in 2020 with a well-sized bed/bath addition. This cozy home on a small lot offers modern updates and an open-concept living area that flows seamlessly into the kitchen. The new bedroom and bath provide added comfort and convenience for guests. Whether kicking up your heels or offering the home to someone else to kick up theirs, you've found the right place.

Details

Property type

Single Family Residence

Est. home value

$156,071

Lot size

7,405 sq ft

Price per sq ft

$142

Year built

1938

Annual property taxes

$837

Price History

09/05/2024
TriadMLS

TriadMLS #1153598

Pending
$150,000
08/30/2024
TriadMLS

TriadMLS #1153598

Listed
$150,000
+25%
04/28/2021
TriadMLS

TriadMLS #1018055

Sold
$120,000
+361.54%

Schools & Community

Elementary school: 

Rural Hall

Middle school: 

Northwest

High school: 

North Forsyth

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

$45,187
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$92,813
Cash to seller
$45,187

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

April 2021

Original loan amount

$100,000

Est. remaining balance

$92,813

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Michelle Brenn Miller

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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Manufactured

9340 Pearl Drive, Rural Hall, NC 27045

Status: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:20 AM

Listing updated: 09/05/2024 at 3:45 PM

Listed by: Brian Trainum, Mark Spain Real Estate Phone #: (855) 299-7653

MLS: TriadMLS #1153598

TriadMLS logo

Recently listed in Rural Hall