tomo logo

$440,000

Beds
3
Baths
2.0
sq ft
1,885

400 Joe Cloninger Road, Bessemer City, NC 28016

400 Joe Cloninger Road

Bessemer City, NC 28016

  • 23 days on market
    • Price drop $10,000↓
    • Open house Apr 05
Tucked away on a private, wooded almost 5 acre lot, this charming ranch is built with rare and sturdy 2x6 construction, offering quality and comfort. The spacious kitchen is a chef’s dream, featuring Loads of cabinetry, stainless appliances, double ovens, a gas cooktop, a farmhouse sink, and a refrigerator! The open floor plan with a split bedroom design offers great flow. Enjoy the peaceful surroundings—whether rocking on the sprawling front porch with sweet tea or relaxing in the fenced backyard. Need extra space? This property includes two wired workshops, perfect for hobbies, or storage. Additional perks include a tankless hot water system, a whole-home water filtration and softener system, Nest-controlled smart home technology, and even a washer and dryer as a bonus! Propane for the cooktop is leased through Blossom. With a majority of the acreage wooded, you’ll love the tranquility and privacy this home has to offer!

Details

Property type

Single Family Residence

Est. home value

$427,254

Lot size

Unknown

Price per sq ft

$234

Year built

2016

Price History

03/27/2025
CanopyMLS

CanopyMLS #4227582

Price change
$440,000
-2.22%
03/20/2025
CanopyMLS

CanopyMLS #4227582

Listed
$450,000
+20%
02/09/2022
CanopyMLS

CanopyMLS #3813701

Sold
$375,000

Schools & Community

Elementary school: 

Costner

Middle school: 

W.C. Friday

High school: 

North Gaston

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

$120,049
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$284,751
Cash to seller
$120,049

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

January 2022

Original loan amount

$305,250

Est. remaining balance

$284,751

Interest rate

3.11%

Loan type

FHA, 30 year

Seller

Raymond Shroyer and Jennifer Shroyer

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: 04/03/2025 at 4:45 AM

Listing updated: 03/27/2025 at 5:04 PM

Listed by: Kim Hamrick, Allen Tate Rock Hill Phone #: (803) 324-1185

MLS: CanopyMLS #4227582

CanopyMLS logo