tomo logo

$225,000

Beds
3
Baths
1.0
sq ft
1,577

355 Cherry Mountain Street, Forest City, NC 28043

355 Cherry Mountain Street

Forest City, NC 28043

  • 158 days on market
    • Price drop $14,000↓
Charming ranch-style home situated on 1.18 acres is within walking distance to downtown Forest City. Features include a metal roof, brick & vinyl siding, wood-burning fire place in living room and kitchen, and wood stoves in the living room and 1 bedroom. The wood floors & doors in the home are reminiscent of a time gone by. This home lives large, and the yard has plenty of room for a garden or greenhouse. The functional circular driveway makes parking and access easy. Fantastic opportunity to live in Forest City and enjoy all that the town has to offer-- restaurants, POPS, shops, OWLS baseball, festivities, and a small hometown feel!

Details

Property type

Single Family Residence

Est. home value

$154,387

Lot size

Unknown

Price per sq ft

$143

Year built

1920

Price History

08/28/2024
CanopyMLS

CanopyMLS #4102568

Price change
$225,000
-5.86%
04/13/2024
CanopyMLS

CanopyMLS #4102568

Listed
$239,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Floyd E Kunkle Etux

Loan start date

February 2021

Original loan amount

$96,000

Est. remaining balance

Not provided

Interest rate

2.67%

Loan type

Commercial

Seller

Scott Teubner

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?

Similar Homes Nearby

CanopyMLS
$219,000
3 bd
|
1 ba
|
1,259 sq ft
|
House

191 Wilson Drive, Forest City, NC 28043

Price drop
CanopyMLS
$229,500
3 bd
|
1 ba
|
1,174 sq ft
|
House

246 Arlington Street, Forest City, NC 28043

Price drop
CanopyMLS
$219,999
3 bd
|
1 ba
|
1,631 sq ft
|
House

172 Duncan Street, Spindale, NC 28160

Status: Active

Tomo last checked: 09/18/2024 at 12:10 AM

Listing updated: 08/28/2024 at 9:55 AM

Listed by: Michelle Okpych, RE/MAX Journey Phone #: (828) 395-2222

MLS: CanopyMLS #4102568

CanopyMLS logo

Recently listed in Forest City