tomo logo

$630,000

Beds
6
Baths
4.0
sq ft
3,752

433 East Main Street, Forest City, NC 28043

433 East Main Street

Forest City, NC 28043

  • 125 days on market
The Magnolia House is a charming Southern Colonial 4-plex that was recently restored. Each unit features large kitchens, in-unit laundry, crown moldings, original wood built-ins, and unique design details that bridge old and new. The property includes five brick and tin roof garages for additional income. Located at West Main Street and Magnolia, it's a short walk to historic downtown Forest City and the Thermal Belt Rail Trail. Units A and B (downstairs) are 2 Bedroom and 1 Bathroom Units C and D (upstairs) are 1 Bedroom and 1 Bathroom.

Details

Property type

Apartment

Est. home value

$231,220

Lot size

Unknown

Price per sq ft

$168

Year built

1930

Price History

08/26/2024
CanopyMLS

CanopyMLS #4173951

Listed
$630,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Daniel Salle Etal

Loan start date

July 2013

Original loan amount

$230,588

Est. remaining balance

Not provided

Interest rate

3.98%

Loan type

Commercial, 2 year

Seller

Jonathan D Schweigert and Deborah A Schweigert

Lender

Communitysouth Bank & Trust

Loan start date

August 2008

Original loan amount

$400,000

Est. remaining balance

$213,407

Interest rate

6.42%

Loan type

New Conventional, 25 year

Seller

Jonathan D Schweigert and Deborah Addie Schweigert

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: 12/23/2024 at 5:35 AM

Listing updated: 09/08/2024 at 5:53 PM

Listed by: Greta Fink, Keller Williams Mtn Partners, LLC Phone #: (828) 290-1000

MLS: CanopyMLS #4173951

CanopyMLS logo

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