tomo logo

$595,000

Beds
3
Baths
3.0
sq ft
2,976

502 Frontier Circle, China Grove, NC 28023

502 Frontier Circle

China Grove, NC 28023

  • 29 days on market
    • Price drop $5,000↓
Discover Your Dream Home on a Private Wooded Lot! Nestled in a picturesque and established neighborhood, this custom-built home offers charm, comfort, and modern functionality. Step onto the inviting wrap-around front porch-a perfect spot to savor your morning coffee or unwind in the evening. The screened-in back deck extends your living space, idea for hosting friends or enjoying peaceful views of the wooded surroundings. Inside, you'll find a spacious bonus room suite upstairs, complete with a full bathroom-perfect for guests, a home office, or a private retreat. The backyard features a large shed, offering endless possibilities for storage, hobbies, or a workshop. With its exceptional blend of craftsmanship, privacy, and location, this home is truly one-of-a-kind. Don't wait-schedule your showing today and experience it for yourself before it's gone!

Details

Property type

Single Family Residence

Est. home value

$541,868

Lot size

Unknown

Price per sq ft

$200

Year built

2005

Price History

12/13/2024
CanopyMLS

CanopyMLS #4202062

Price change
$595,000
-0.83%
12/04/2024
CanopyMLS

CanopyMLS #4202062

Listed
$600,000
+13.21%
11/17/2022
CanopyMLS

CanopyMLS #3903547

Sold
$530,000

Schools & Community

Elementary school: 

China Grove

Middle school: 

China Grove

High school: 

Jesse Carson

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

$81,493
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$465,907
Cash to seller
$81,493

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

Seller’s Loan History

Lender

North American Savings Bank Fsb

Loan start date

November 2022

Original loan amount

$477,000

Est. remaining balance

$465,907

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Donald Rasmussen and Joanne Rasmussen

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: 12/22/2024 at 9:55 AM

Listing updated: 12/13/2024 at 12:39 AM

Listed by: Priti Dadhaniya, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4202062

CanopyMLS logo

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