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$240,023Estimated home value

Beds
3
Baths
2.0
sq ft
1,218

410 North Cheatham Street, Franklinton, NC 27525

410 North Cheatham Street

Franklinton, NC 27525

  • Sold On 11/23/2021
Wonderful Location, just a few blocks from the Exciting & Beautiful Franklinton Downtown Revitalization! Adorable Ranch home with 3 BR, 2 BA. Home was completely gutted to the studs & remodeled in 2017 *NEW EVERYTHING* and move in ready! *new HVAC system & Duct work, all *new appliances, *new water heater, sep laundry room, nice sized lot, shared driveway, with parking pad-rear of home. Covered deck freshly stained/painted, and covered front porch. Washer-Dryer & Refrigerator convey with the home!

Details

Property type

Single Family Residence

Est. home value

$240,023

Lot size

0.38 acres

Price per sq ft

$173

Year built

1954

Annual property taxes

$799

Price History

11/02/2024
TriangleMLS

TriangleMLS #10041897

Removed
$260,000
07/28/2024
TriangleMLS

TriangleMLS #10041897

Price change
$260,000
+8.33%
07/17/2024
TriangleMLS

TriangleMLS #10041897

Listed
$240,000
+17.07%

Schools & Community

Elementary school: 

Franklin - Franklinton

Middle school: 

Franklin - Franklinton

High school: 

Franklin - Franklinton

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

$7,436
Asking price
$209,900
Closing costs (~8% of asking)
-$16,792
Est. remaining loan balance
-$185,672
Cash to seller
$7,436

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

November 2021

Original loan amount

$198,341

Est. remaining balance

$185,672

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Lily Iqbal and Kenneth Iqbal

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: Off Market

Tomo last checked: 11/04/2024 at 11:25 PM

Listing updated: 02/22/2024 at 6:15 PM

Listed by: Meredith A Hilbert, Allen Tate/Wake Forest Phone #: (919) 453-5700

MLS: TriangleMLS #2400437

TriangleMLS logo

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