tomo logo

$274,900

Beds
3
Baths
2.0
sq ft
1,806

409 South Rowan Avenue, Spencer, NC 28159

409 South Rowan Avenue

Spencer, NC 28159

  • 314 days on market
    • Price drop $15,000↓
This Home is Move-in Ready -Many Updates makes this a terrific Buy!! Large Open Living Area opening to Dining Room Or Sitting Area which Open to Remodeled Kitchen with SS Appliances. Wood Laminate Floors throughout the main Rooms with Carpet in the Bedrooms. You will Love the Owners Suite with its Updated Baths and Closet Space. The Secondary Bedrooms are a Nice Size and Convenient to the Updated Hall Bath. There is a Large Utility Room for the Washer/Dryer. Large ,Level Rear Yard Suited for Volley Ball , Badminton , a Little Soccer OR Large CookOuts !! There is a Garage at the Rear of the Property Next to a Public Alley Way .Some of the Updates include Electrical , Heat and Air using a Heat Pump (Approx 5 yrs),Appliances(2023) , Water Heater , Roof on the Home and Garage 2023 ,Plumbing. This is a Must See Home.

Details

Property type

Single Family Residence

Est. home value

$193,397

Lot size

Unknown

Price per sq ft

$153

Year built

1900

Price History

06/29/2024
CanopyMLS

CanopyMLS #4072721

Price change
$274,900
-5.17%
05/08/2024
CanopyMLS

CanopyMLS #4072721

Price change
$289,900
-3.33%
04/04/2024
CanopyMLS

CanopyMLS #4072721

Removed
$299,900

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

$209,018
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$43,890
Cash to seller
$209,018

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

Seller’s Loan History

Lender

American Home Mortgage Corp

Loan start date

April 2006

Original loan amount

$71,379

Est. remaining balance

$43,890

Interest rate

6.37%

Loan type

FHA, 30 year

Seller

Edith Teresa Torres

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
$239,900
3 bd
|
2 ba
|
2,053 sq ft
|
House

505 South Iredell Avenue, Spencer, NC 28159

CanopyMLS
$285,000
3 bd
|
2 ba
|
1,618 sq ft
|
House

714 South Ellis Street, Salisbury, NC 28144

CanopyMLS
$280,000
3 bd
|
2 ba
|
2,281 sq ft
|
House

710 South Ellis Street, Salisbury, NC 28144

Status: Active

Tomo last checked: 09/19/2024 at 5:40 AM

Listing updated: 07/03/2024 at 6:03 PM

Listed by: Douglas Carson, Douglas Carson, REALTORS Phone #: (704) 724-1331

MLS: CanopyMLS #4072721

CanopyMLS logo

Recently listed in Spencer

$200,000|5 bd|2.0 ba|House
$149,000|5 bd|3.0 ba|House
$190,000|3 bd|1.5 ba|House
$798,500|4 bd|4.0 ba|House
$244,900|3 bd|2.5 ba|House
$234,900|3 bd|2.0 ba|House
$244,900|3 bd|2.0 ba|House
$215,000|2 bd|1.0 ba|House
$250,000|3 bd|1.5 ba|House