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$260,000

Beds
3
Baths
2.0
sq ft
1,216

410 North Cheatham Street, Franklinton, NC 27525

410 North Cheatham Street

Franklinton, NC 27525

  • 63 days on market
This charming 3-bedroom home is perfectly situated in a prime location close to US 1 and HWY 56. The eat-in kitchen leads out to a back deck that overlooks a large, beautifully manicured yard, making it ideal for both relaxation and entertaining. In 2017, the home underwent a complete remodel, ensuring modern amenities and style. One of the standout features is the extremely large master bedroom, which boasts an oversized closet and a spacious bathroom, adding a unique touch to this delightful property.

Details

Property type

Single Family Residence

Est. home value

$240,023

Lot size

0.38 acres

Price per sq ft

$214

Year built

1954

Annual property taxes

$1,913

Price History

07/28/2024
TriangleMLS

TriangleMLS #10041897

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

TriangleMLS #10041897

Listed
$240,000
+17.07%
11/23/2021
TriangleMLS

TriangleMLS #2400437

Sold
$205,000

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

$53,151
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$186,049
Cash to seller
$53,151

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

$186,049

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: Active

Tomo last checked: 09/18/2024 at 10:05 PM

Listing updated: 09/10/2024 at 4:48 PM

Listed by: Michelle Lee Lickliter, eXp Realty, LLC - C Phone #: (888) 584-9431

MLS: TriangleMLS #10041897

TriangleMLS logo

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