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$234,000

Beds
2
Baths
1.0
sq ft
720

307 Elm Street, Belmont, NC 28012

307 Elm Street

Belmont, NC 28012

  • 83 days on market
    • Price drop $5,000↓
Come tour this charming 2BD Ranch home located in the heart of Belmont! This home features an open floor plan with great natural light and a rocking chair front porch. This home has no HOA and was once a strong cash flowing AirBnB. The solar collectors provide huge savings on electrical costs. Amazing location and close to parks and recreation. Within walking distance to restaurants and shopping. Easy commute to uptown Charlotte. Schedule a showing today! Motivated Seller!

Details

Property type

Single Family Residence

Est. home value

$230,172

Lot size

Unknown

Price per sq ft

$325

Year built

1960

Price History

12/02/2024
CanopyMLS

CanopyMLS #4188028

Price change
$234,000
-2.09%
10/28/2024
CanopyMLS

CanopyMLS #4188028

Price change
$239,000
-2.05%
10/08/2024
CanopyMLS

CanopyMLS #4188028

Price change
$244,000
-2.01%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$29,344
Asking price
$234,000
Closing costs (~8% of asking)
-$18,720
Est. remaining loan balance
-$185,936
Cash to seller
$29,344

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

Seller’s Loan History

Lender

Wyndham Capital Mortgage Inc

Loan start date

March 2023

Original loan amount

$190,000

Est. remaining balance

$185,936

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Stephen B Jones and Elizabeth R Jones

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: 12/23/2024 at 1:30 AM

Listing updated: 12/01/2024 at 7:59 PM

Listed by: John Combs, Real Broker, LLC Phone #: (855) 450-0442

MLS: CanopyMLS #4188028

CanopyMLS logo

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