tomo logo

$614,999

Beds
4
Baths
3.0
sq ft
2,990

410 Orange Drive, Elon, NC 27244

410 Orange Drive

Elon, NC 27244

  • Pending
    • Price drop $10,000↓
Well maintained brick ranch w/ basement in an established neighborhood & Western District! Sits on a large 1.24 acre corner lot w/ beautiful landscaping & accent lighting. Features 4 BRs, 3 full baths & 2,000+ sq feet on main level w/ an enclosed porch & screened in porch. Beautifully updated kitchen is open to the living & dining area. All kitchen appliances convey! Permanent staircase from living room leads to floored attic space just waiting to be finished (needs flooring, lighting, sheet rock & paint.) Walk out basement features 972 sq ft of finished space w/ a kitchenette & full bath, ideal for multigenerational living. Gas log fireplaces in both the living room and the basement. Covered hot tub remains! Home wired for a whole house generator. Well pump with 5 outside taps for gardening. New driveway/walkway (2023) updated main floor (2022) Roof (2012), HVAC (2015) new capacitor & filter (2024). This home is in a prime location and has so much potential!

Details

Property type

Single Family Residence

Est. home value

$448,446

Property condition

Updated/Remodeled

Lot size

1.24 acres

Price per sq ft

$206

Year built

1970

Annual property taxes

$3,353

Price History

11/02/2024
TriangleMLS

TriangleMLS #10040094

Pending
$614,999
10/18/2024
TriangleMLS

TriangleMLS #10040094

Price change
$614,999
-1.6%
09/23/2024
TriangleMLS

TriangleMLS #10040094

Price change
$624,999
-2.16%

Schools & Community

Elementary school: 

Alamance - Highland

Middle school: 

Alamance - Western

High school: 

Alamance - West Alamance

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

$266,435
Asking price
$614,999
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$299,364
Cash to seller
$266,435

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

June 2022

Original loan amount

$310,200

Est. remaining balance

$299,364

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Richard Michael Raveau

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 2:30 PM

Listing updated: 11/02/2024 at 8:00 PM

Listed by: Meredith Hodge Fuqua, Fathom Realty NC, LLC Phone #: (888) 455-6040

MLS: TriangleMLS #10040094

TriangleMLS logo

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