tomo logo

$395,000

Beds
3
Baths
2.0
sq ft
2,176

325 Elam Avenue, Ramseur, NC 27316

325 Elam Avenue

Ramseur, NC 27316

  • 2 days on market
Welcome to your dream home nestled on 4.71 private acres in the heart of Ramseur, NC! This spacious 3-bedroom, 2-bathroom property offers the perfect blend of tranquility and convenience, with beautiful brick columns welcoming you at the entrance and a winding driveway leading to your peaceful retreat. Inside, you’ll find ample living space with both a cozy den and a formal living room, providing plenty of options for relaxation or entertaining. The kitchen comes fully equipped with all appliances, including a refrigerator. Additionally, the washer and dryer can remain, pending agreement between buyer and seller. This home features a water filtration system for added convenience and peace of mind. The expansive property offers plenty of privacy while still being conveniently located near shopping, dining, and neighboring cities. ***Pre-approval must be submitted to listing agent to see this off-frame modular before showing will be approved.***

Details

Property type

Single Family Residence

Lot size

4.71 acres

Price per sq ft

$182

Year built

1998

Annual property taxes

$3,432

Price History

01/20/2025
TriadMLS

TriadMLS #1167812

Listed
$395,000
+19.7%
07/14/2022
TriangleMLS

TriangleMLS #2456833

Sold
$330,000

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

$109,341
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$254,059
Cash to seller
$109,341

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

July 2022

Original loan amount

$264,000

Est. remaining balance

$254,059

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Melquicedec Vivas and Alegna E Vivas

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?

Status: Active

Tomo last checked: 01/23/2025 at 4:40 AM

Listing updated: 01/20/2025 at 3:56 PM

Listed by: Ethan Brady, RE/MAX Central Realty Phone #: (336) 626-5600

MLS: TriadMLS #1167812

TriadMLS logo

Recently listed in Ramseur

$395,000|3 bd|2.0 ba|House
$215,000|2 bd|1.0 ba|House
$790,000|4 bd|3.0 ba|House