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$475,000

Beds
7
Baths
3.5
sq ft
4,899

404 West Kerr Street, Salisbury, NC 28144

404 West Kerr Street

Salisbury, NC 28144

  • 139 days on market
    • Price drop $24,900↓
Welcome to this beautiful Queen Anne home located in the historical district of Salisbury. Prepared to be impressed as you enter this amazing home. Built in 1891, this home boasts tall ceilings & the level of craftsmanship which is like none other. The primary bedroom with en-suite is located on the main level. There is an additional full bathroom on the main floor. There are 4 generous size bedrooms & a full bathroom on the 2nd floor. There are 2 additional large bedrooms on the 3rd floor. Current owners have taken great care of the home to preserve the historical charm of the property. New roof in 2022 Property includes parcels 006379 and 006378. 418 N. Fulton St is the adjoining parcel and included in the sale. 1,426 square ft on the 3rd floor is included in our total heated living area and has a ceiling height of 6'10". The list of items which were not completed have been uploaded as an attachment. Please review with your agent prior to submitting your offer.

Details

Property type

Single Family Residence

Est. home value

$456,117

Lot size

Unknown

Price per sq ft

$97

Year built

1891

Price History

08/06/2024
CanopyMLS

CanopyMLS #4130519

Price change
$475,000
-4.98%
06/23/2024
CanopyMLS

CanopyMLS #4130519

Price change
$499,900
-4.78%
06/04/2024
CanopyMLS

CanopyMLS #4130519

Price change
$525,000
-4.55%

Schools & Community

Elementary school: 

Overton

Middle school: 

North Rowan

High school: 

Salisbury

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

$68,901
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$368,099
Cash to seller
$68,901

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

April 2022

Original loan amount

$384,750

Est. remaining balance

$368,099

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jeffrey Barrett Carlton and Kari Kathleen Carlton

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: 09/19/2024 at 3:15 PM

Listing updated: 08/06/2024 at 11:05 AM

Listed by: Jeremy Ordan, Allen Tate Ballantyne Phone #: (704) 541-6200

MLS: CanopyMLS #4130519

CanopyMLS logo

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