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$260,000

Beds
3
Baths
2.5
sq ft
1,705

323 Ruth Avenue, Kannapolis, NC 28083

323 Ruth Avenue

Kannapolis, NC 28083

  • 65 days on market
This charming 3-bedroom, 2.5-bath home is a fantastic opportunity for investors or handyman looking to add value! Situated in a quiet neighborhood, this home boasts a mostly finished 866 sq ft basement offering plenty of potential for additional living space or rental income. With a spacious layout, the home features an inviting living area, ample natural light, and an eat in kitchen ready for your updates and personal touch.  Large living/den area can be used for multi-purpose. All BRs and two baths are on the upper level. Large Primary has a walk in closet and spacious bath with walk in shower. Great closet space throughout. , no HOA, and conveniently located close to I-85 and downtown Kannapolis this potential GEM will not last long.

Details

Property type

Single Family Residence

Est. home value

$271,388

Lot size

Unknown

Price per sq ft

$153

Year built

1978

Price History

11/14/2024
CanopyMLS

CanopyMLS #4192596

Listed
$260,000
10/27/2024
CanopyMLS

CanopyMLS #4192596

Pending
$260,000
10/18/2024
CanopyMLS

CanopyMLS #4192596

Listed
$260,000
-5.45%

Schools & Community

Elementary school: 

Jackson

Middle school: 

Kannapolis

High school: 

A.L. Brown

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

$90,494
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$148,706
Cash to seller
$90,494

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 2020

Original loan amount

$165,000

Est. remaining balance

$148,706

Interest rate

3.66%

Loan type

VA, 30 year

Seller

Nicholas D Bruno

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 1:40 AM

Listing updated: 11/26/2024 at 8:09 AM

Listed by: Lee Goldberg, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4192596

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