tomo logo

$359,000

Beds
3
Baths
2.5
sq ft
1,602

316 Cotswold Lane, King, NC 27021

316 Cotswold Lane

King, NC 27021

  • 51 days on market
    • Price drop $6,000↓
Discover this charming home in the welcoming Cotswold neighborhood, offering a perfect blend of style & comfort. Enjoy the warmth of beautiful hardwood floors throughout, complemented by tile in the bathrooms & vinyl in the recently finished basement. While the basement is not included in the square footage as it’s unheated, it provides an excellent "flex space" with endless possibilities - playroom, office, extra living space, or workout room! Walk-out French doors lead to a serene patio & a partially shaded backyard, creating a peaceful retreat. The updated kitchen features a large pantry & flows seamlessly into the dining room & living area, perfect for entertaining. Additional highlights include cozy gas fireplace, updated lighting, deck, & location near the end of the street in a neighborhood known for its quiet ambiance & street lights. Convenient to parks, library, downtown, & highways, this home is a must-see. Schedule your showing & experience the beauty of this Cotswold gem!

Details

Property type

Single Family Residence

Est. home value

$333,769

Lot size

0.39 acres

Price per sq ft

$225

Year built

2013

Annual property taxes

$2,539

Monthly HOA fee

$4.17

Price History

10/30/2024
TriadMLS

TriadMLS #1157457

Price change
$359,000
-1.64%
10/03/2024
TriadMLS

TriadMLS #1157457

Listed
$365,000
+18.51%
09/15/2022
TriadMLS

TriadMLS #1079083

Sold
$308,000
+46.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$65,226
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$265,054
Cash to seller
$65,226

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

Seller’s Loan History

Lender

Primelending

Loan start date

September 2022

Original loan amount

$273,600

Est. remaining balance

$265,054

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Brooks Morrison and Paige Elizabeth Culver

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: 11/23/2024 at 8:25 AM

Listing updated: 11/05/2024 at 3:31 AM

Listed by: Kim Adams, Berkshire Hathaway HomeServices Carolinas Realty Phone #: (336) 996-4256

MLS: TriadMLS #1157457

TriadMLS logo

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