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$224,000

Beds
3
Baths
1.5
sq ft
1,120

3408 Timmons Avenue, Greensboro, NC 27406

3408 Timmons Avenue

Greensboro, NC 27406

  • 41 days on market
    • Price drop $1,000↓
Seller is offering a 1.65% credit to buyers to be used for closing costs, representation, or any other lender allowable costs. Welcome to your cozy and stylish retreat. Inside, you'll find a welcoming fireplace that adds a warm touch to the room. The neutral color scheme complements any furniture and decor you have. The kitchen features stainless steel appliances for a modern feel. The primary bedroom offers double closets for your storage needs. Step outside to the patio for peaceful outdoor moments. This home combines elegance and functionality to suit your lifestyle. Don't miss out on this sophisticated living experience!

Details

Property type

Single Family Residence

Est. home value

$224,970

Lot size

0.24 acres

Price per sq ft

$200

Year built

1973

Annual property taxes

$2,103

Price History

06/20/2024
TriadMLS

TriadMLS #1143685

Price change
$224,000
-0.44%
06/06/2024
TriadMLS

TriadMLS #1143685

Price change
$225,000
-2.17%
05/24/2024
TriadMLS

TriadMLS #1143685

Listed
$230,000
+48.39%

Schools & Community

Elementary school: 

Sumner

Middle school: 

Southern

High school: 

Southern

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

$65,467
Asking price
$224,000
Closing costs (~8% of asking)
-$17,920
Est. remaining loan balance
-$140,613
Cash to seller
$65,467

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

June 2021

Original loan amount

$150,350

Est. remaining balance

$140,613

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Darrell Ray Thompson Jr

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: 07/04/2024 at 11:50 PM

Listing updated: 06/19/2024 at 9:23 PM

Listed by: Thomas Shoupe, Opendoor Brokerage LLC Phone #: (480) 462-5392

MLS: TriadMLS #1143685

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