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$190,000

Beds
2
Baths
1.0
sq ft
984

315 Flint Hill Road, Star, NC 27356

315 Flint Hill Road

Star, NC 27356

  • 25 days on market
    • Price drop $20,000↓
This well-maintained 2-bedroom, 1-bathroom residence is a prime investment opportunity. Situated on a generous 2.25-acre lot outside the city limits, this property features expansive front, back, and side yards. The large storage building to the left of the home is also included in the sale. Mature trees provide ample shade, enhancing the outdoor living experience. Currently leased at $1,000 per month, with the lease extending through 05/31/2025, this property promises a stable income stream for the next owners. With a private well as the water source this also cuts down on expense for the new owners and the tenants. Don't miss this chance to acquire a property with both immediate rental income and substantial growth potential.

Details

Property type

Single Family Residence

Est. home value

$102,318

Lot size

2.25 acres

Price per sq ft

$194

Year built

1976

Annual property taxes

$375.7

Price History

09/09/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462337

Price change
$190,000
-9.52%
08/22/2024
NorthCarolinaRegional

NorthCarolinaRegional #100462337

Listed
$210,000
+185.71%
06/05/2015
TriadMLS

TriadMLS #750256

Sold
$73,500

Schools & Community

Elementary school: 

Star Elementary School

Middle school: 

West Middle School

High school: 

Unknown

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

$114,934
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$59,866
Cash to seller
$114,934

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

May 2015

Original loan amount

$75,000

Est. remaining balance

$59,866

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Michael A Reza and Erica L Reza

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: 09/16/2024 at 4:05 PM

Listing updated: 09/09/2024 at 10:37 AM

Listed by: Misty Hatley, Everything Pines Partners LLC Phone #: (910) 725-1176

MLS: NorthCarolinaRegional #100462337

NorthCarolinaRegional logo

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