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$229,900

Beds
4
Baths
2.0
sq ft
1,402

400 South Merritt Avenue, Salisbury, NC 28144

400 South Merritt Avenue

Salisbury, NC 28144

  • 80 days on market
    • Price drop $10,000↓
Welcome Home! Situated in an established neighborhood, this inviting home blends mid-century charm with modern upgrades. With four spacious bedrooms and two beautifully remodeled bathrooms, the house retains its original charm while offering contemporary comforts. Updated features include a beautifully appointed kitchen, walk-in shower, smooth ceilings, beautiful windows. The large, level backyard is waiting for you to begin making memories! It's a timeless home that combines the best of the past with the conveniences of today.

Details

Property type

Single Family Residence

Est. home value

$219,231

Lot size

Unknown

Price per sq ft

$164

Year built

1956

Price History

10/08/2024
CanopyMLS

CanopyMLS #4176198

Price change
$229,900
-4.17%
08/24/2024
CanopyMLS

CanopyMLS #4176198

Listed
$239,900
-0.04%
07/12/2024
CanopyMLS

CanopyMLS #4122044

Removed
$240,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$78,044
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$133,464
Cash to seller
$78,044

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$146,500

Est. remaining balance

$133,464

Interest rate

2.8%

Loan type

New Conventional, 25 year

Seller

Isaiah Paul English and Calli Jade English

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: 11/12/2024 at 2:45 PM

Listing updated: 10/30/2024 at 3:54 PM

Listed by: Garry Edwards, Keller Williams Select Phone #: (704) 684-1000

MLS: CanopyMLS #4176198

CanopyMLS logo

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