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$224,900

Beds
3
Baths
1.5
sq ft
1,667

301 Cobb Dr, Elm City, NC 27822

301 Cobb Dr

Elm City, NC 27822

  • 63 days on market
    • Price drop $2,600↓
Charming and Cozy! You have to see this signature southern brick ranch. So many new updates, including: HVAC; Vinyl Double-hung Windows w/ screens; Water Heater; Rear Sliding Door; Treated Deck (on grade); Dishwasher, fridge, gas fireplace and more! This house has been meticulously well taken care of, making it ultra low maintenance for you. Lots of space outdoors on a level lot, as well as a wired shed and a 2-car carport. Move in ready!

Details

Property type

Single Family Residence

Est. home value

$174,413

Lot size

0.45 acres

Price per sq ft

$135

Year built

1964

Annual property taxes

$2,260.28

Price History

04/10/2025
TriangleMLS

TriangleMLS #10074961

Price change
$224,900
-1.14%
02/21/2025
TriangleMLS

TriangleMLS #10074961

Price change
$227,500
-0.12%
02/06/2025
TriangleMLS

TriangleMLS #10074961

Listed
$227,770
+24.81%

Schools & Community

Elementary school: 

Wilson - Frederick Douglass

Middle school: 

Wilson - Elm City

High school: 

Wilson - Fike

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

$191,799
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$15,109
Cash to seller
$191,799

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2013

Original loan amount

$68,600

Est. remaining balance

$15,109

Interest rate

2.63%

Loan type

New Conventional, 15 year

Seller

Barbara A Bailey

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: 04/11/2025 at 12:15 AM

Listing updated: 04/10/2025 at 12:16 PM

Listed by: Christian Olmstead Olmstead, Simply Southern Realty Phone #: (919) 801-9697

MLS: TriangleMLS #10074961

TriangleMLS logo

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