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$312,000

Beds
3
Baths
1.0
sq ft
1,436

407 Colonial Drive, High Point, NC 27262

407 Colonial Drive

High Point, NC 27262

  • 4 days on market
OPEN HOUSE MARCH 30 (1PM-3PM) - You do not want to miss your chance to see this adorable home! Enjoy the convenient location close to restaurants and breweries in the downtown area. There are so many exceptional features in this home - expansive storage space in the kitchen, hardwood floors and temperature controlled flooring in hte bathroom. The backyard is fenced with a deck and you can enjoy the hot tub on the back patio. You will absolutely love love love this home!

Details

Property type

Single Family Residence

Est. home value

$303,923

Lot size

Unknown

Price per sq ft

$218

Year built

1940

Annual property taxes

$2,530

HOA

No

Price History

03/30/2025
TriadMLS

TriadMLS #1175039

Listed
$312,000
+12.64%
05/10/2022
TriadMLS

TriadMLS #1064580

Sold
$277,000
+67.88%
08/14/2020
TriadMLS

TriadMLS #985250

Sold
$165,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$63,464
Asking price
$312,000
Closing costs (~8% of asking)
-$24,960
Est. remaining loan balance
-$223,576
Cash to seller
$63,464

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

May 2022

Original loan amount

$235,450

Est. remaining balance

$223,576

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Christian Tyler W Bauguss and Molly Rose Welsh

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: 04/01/2025 at 3:55 PM

Listing updated: 03/30/2025 at 3:11 PM

Listed by: Johanna LaRose, Great State Real Estate Phone #: (336) 442-0785

MLS: TriadMLS #1175039

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