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$122,500

Beds
3
Baths
1.0
sq ft
1,008

303 Ferrell Dr, Columbia, SC 29204

303 Ferrell Dr

Columbia, SC 29204

  • 15 days on market
Updated 2 years ago. Home has tenants on a month to month basis with a 30 day notice to terminate. Current monthly lease amount is $1230.00 which includes $30.00 per month for sewage.

Details

Property type

Single Family Residence

Est. home value

$110,812

Lot size

Unknown

Price per sq ft

$122

Year built

1947

Price History

11/07/2024
ColumbiaSC

ColumbiaSC #596602

Listed
$122,500
+75%
06/03/2022
ColumbiaSC

ColumbiaSC #539735

Sold
$70,000

Schools & Community

Elementary school: 

Satchel Ford

Middle school: 

Sanders

High school: 

Keenan High

School district: 

Richland One

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

$58,770
Asking price
$122,500
Closing costs (~8% of asking)
-$9,800
Est. remaining loan balance
-$53,930
Cash to seller
$58,770

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

Seller’s Loan History

Lender

First Savings Bank

Loan start date

June 2022

Original loan amount

$56,000

Est. remaining balance

$53,930

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Charles Burgess and Aletha Green Burgess

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: 11/22/2024 at 4:20 AM

Listing updated: 11/16/2024 at 1:20 PM

Listed by: Pam Arnold, JPAR Magnolia Group

MLS: ColumbiaSC #596602

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