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$290,000

Beds
3
Baths
2.0
sq ft
1,556

402 West 7th Street, Newton, NC 28658

402 West 7th Street

Newton, NC 28658

  • 73 days on market
    • Price drop $5,000↓
This delightful 3-bedroom, 2-bathroom home is perfectly located close to everything you need! The spacious front porch provides an inviting space for relaxation and outdoor gatherings. The bedrooms are spacious with plenty of storage. Bonus room off one bedroom that can serve as an office/workout room, or many other uses. The home is complete with two well-appointed bathrooms. The basement has an outside entrance with plenty of room for additional storage. Conveniently situated near shops, schools, parks, and public transportation, this home offers both comfort and easy access to all the essentials. Don’t miss out on this fantastic opportunity!

Details

Property type

Single Family Residence

Est. home value

$260,457

Lot size

Unknown

Price per sq ft

$187

Year built

1923

Price History

01/01/2025
CanopyMLS

CanopyMLS #4199151

Price change
$290,000
-1.69%
12/04/2024
CanopyMLS

CanopyMLS #4199151

Listed
$295,000

Schools & Community

Elementary school: 

South Newton

Middle school: 

Newton Conover

High school: 

Newton Conover

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

$169,979
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$96,821
Cash to seller
$169,979

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2021

Original loan amount

$113,700

Est. remaining balance

$96,821

Interest rate

2.73%

Loan type

New Conventional, 20 year

Seller

Jonathan Keith Walkins and Tessa Marie Townsend

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: 01/23/2025 at 1:25 PM

Listing updated: 01/22/2025 at 12:18 AM

Listed by: Lisa J Smith, Smith Realty Group Phone #: (980) 365-0164

MLS: CanopyMLS #4199151

CanopyMLS logo

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