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$400,000

Beds
5
Baths
4.5
sq ft
3,390

401 North Inman Avenue, Bessemer City, NC 28016

401 North Inman Avenue

Bessemer City, NC 28016

  • 33 days on market
Discover a truly unique and charming home that seamlessly blends classic style with modern versatility, perfect for today’s discerning buyer. This well-maintained property features a spacious main house with four generously sized bedrooms, two full bathrooms, and a layout that exudes timeless appeal. The attached two-car garage provides convenience, while an added basement offers ample storage for all your needs. What sets this home apart is its fully equipped second living quarters, complete with its own private bedroom, full bathroom, cozy living room, and functional kitchen. With a separate entrance for added privacy, this additional space enhances the home’s flexibility and charm. Brimming with character and thoughtfully updated, this residence offers the perfect balance of vintage allure and contemporary comfort. Whether you’re looking for room to grow, a property with income potential, or simply a standout home to call your own, this gem delivers it all.

Details

Property type

Single Family Residence

Est. home value

$408,358

Lot size

Unknown

Price per sq ft

$118

Year built

1955

Price History

02/28/2025
CanopyMLS

CanopyMLS #4224332

Listed
$400,000
+26.98%
12/20/2022
CanopyMLS

CanopyMLS #3906456

Sold
$315,000

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

$66,508
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$301,492
Cash to seller
$66,508

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2022

Original loan amount

$309,294

Est. remaining balance

$301,492

Interest rate

6.92%

Loan type

FHA, 30 year

Seller

Michael Dufault and Brittney Dufault

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: 03/04/2025 at 10:54 AM

Listed by: Brad Blumer, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4224332

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