tomo logo

$265,000

Beds
3
Baths
2.0
sq ft
1,754

403 7th Street, Spencer, NC 28159

403 7th Street

Spencer, NC 28159

  • 25 days on market
So lovely and inviting! Super sweet home holds the irreplaceable historical charm of yesteryear, yet offers just enough modern updates to accommodate the comfort and style of today. Amazing front porch welcomes you immediately! Backyard more your thing? You'll have that too! Deck overlooks a beautiful backyard with privacy fence, firepit, raised flower beds & shed. Inside you'll find gorgeous tin tile ceilings and hardwoods that are original to the home. Living room features a stunning brick fireplace with built-ins. Fireplace currently non-operational but could be connected to the new gas line that was installed for kitchen stove. Sunny dining room with built-ins! Kitchen offers a gas cooktop stove, pantry & plenty of counterspace. Great flex room is perfect for whatever your needs may be! You could also open the wall to extend the kitchen. Home is nestled in the heart of the historical area with surrounding growth happening. Easy access to I85 & convenient to NC Transportation Museum

Details

Property type

Single Family Residence

Est. home value

$203,392

Lot size

Unknown

Price per sq ft

$152

Year built

1922

Price History

10/28/2024
CanopyMLS

CanopyMLS #4195035

Listed
$265,000
+6%
10/15/2024
TriadMLS

TriadMLS #1135305

Removed
$250,000
09/11/2024
TriadMLS

TriadMLS #1135305

Price change
$250,000
-5.66%

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

$136,077
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$107,723
Cash to seller
$136,077

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

September 2021

Original loan amount

$117,246

Est. remaining balance

$107,723

Interest rate

2.88%

Loan type

VA, 27 year

Seller

Brenda Sue Garcia and Andre Joseph Garcia

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

Price drop
CanopyMLS
$299,000
3 bd
|
1.5 ba
|
2,562 sq ft
|
House

205 North Martin Luther King Jr Avenue, Salisbury, NC 28144

Price drop
CanopyMLS
$289,000
3 bd
|
2 ba
|
1,544 sq ft
|
House

208 West Lafayette Street, Salisbury, NC 28144

Price drop
CanopyMLS
$247,000
3 bd
|
2 ba
|
1,618 sq ft
|
House

714 South Ellis Street, Salisbury, NC 28144

Status: Active

Tomo last checked: 11/22/2024 at 11:00 PM

Listing updated: 10/29/2024 at 9:25 AM

Listed by: Kim Sadler, Lantern Realty & Development, LLC Phone #: (704) 298-0087

MLS: CanopyMLS #4195035

CanopyMLS logo

Recently listed in Spencer

$235,000|3 bd|2.0 ba|House
$224,000|3 bd|1.0 ba|House
$237,900|3 bd|2.0 ba|House
$244,900|3 bd|2.5 ba|House
$224,900|3 bd|1.0 ba|House
$265,000|3 bd|2.0 ba|House
$249,900|3 bd|2.0 ba|House
$349,000|3 bd|2.0 ba|House