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$435,000

Beds
2
Baths
1.0
sq ft
744

295 Rendleman Drive, Salisbury, NC 28146

295 Rendleman Drive

Salisbury, NC 28146

  • 50 days on market
    • Price drop $14,000↓
NEW PRICE - Escape to this one-of-a-kind round bungalow, perfectly situated on the waterfront with a private boat ramp and pier and complete privacy fence. This unique architectural gem offers the ideal setting for a weekend getaway or short-term vacation rental. Whether you're in the mood for kayaking, paddle boarding, fishing, or simply lounging by the water with a drink in hand – this home has everything you need for a peaceful retreat. Embrace the serenity of the surroundings and unwind in this perfect escape from the everyday. There is an inground pool, enclosed by chain link fence, that is not in working order. Pool needs to be rehabbed or filled in. Great opportunity to own a waterfront property at High Rock Lake.

Details

Property type

Single Family Residence

Est. home value

$239,489

Lot size

Unknown

Price per sq ft

$585

Year built

1969

Price History

09/30/2024
CanopyMLS

CanopyMLS #4173063

Price change
$435,000
-3.12%
09/10/2024
CanopyMLS

CanopyMLS #4173063

Price change
$449,000
-3.23%
08/16/2024
CanopyMLS

CanopyMLS #4173063

Listed
$464,000
+116.32%

Schools & Community

Elementary school: 

Hanford

Middle school: 

North Rowan

High school: 

North Rowan

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

$66,638
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$333,562
Cash to seller
$66,638

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 Coast Mortgage

Loan start date

August 2023

Original loan amount

$337,500

Est. remaining balance

$333,562

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Neal Maxwell Proctor

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: 10/05/2024 at 10:25 PM

Listing updated: 09/30/2024 at 11:36 AM

Listed by: Pam Matthews, Allen Tate Winston Salem Phone #: (336) 283-0983

MLS: CanopyMLS #4173063

CanopyMLS logo

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