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$225,000

Beds
2
Baths
2.0
sq ft
1,280

503 Franklin Avenue, New Bern, NC 28560

503 Franklin Avenue

New Bern, NC 28560

  • 2 days on market
Check out this cottage-style 2 bedroom, 2 bath home in the heart of New Bern in the convenient Colonial Heights neighborhood. The front porch will welcome you and your guests with space to sit and enjoy your morning coffee. Entering from the porch you'll be in the living room which leads into the dining room and kitchen and then onto the back den with laundry closet and another flex space. This home also features an energy efficient Geo-thermal HVAC system. There is a fenced portion of the back yard ready for your pups or little ones or that garden you've always wanted. Large storage building and smaller storage shed give you plenty of room for your hobbies, lawn equipment or anything you need to store. This one won't last long, make your appointment today!

Details

Property type

Single Family Residence

Est. home value

$197,696

Lot size

0.3 acres

Price per sq ft

$176

Year built

1940

Annual property taxes

$1,190

Price History

10/07/2024
NorthCarolinaRegional

NorthCarolinaRegional #100469731

Listed
$225,000
+36.36%
10/22/2021
NorthCarolinaRegional

NorthCarolinaRegional #100285951

Sold
$165,000

Schools & Community

Elementary school: 

Brinson

Middle school: 

Grover C.Fields

High school: 

New Bern

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

$83,445
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$123,555
Cash to seller
$83,445

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

October 2021

Original loan amount

$132,000

Est. remaining balance

$123,555

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Deborah Wheeler

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: 10/09/2024 at 2:15 PM

Listing updated: 10/08/2024 at 9:07 AM

Listed by: MARGARET BARTLETT, COLDWELL BANKER SEA COAST ADVANTAGE Phone #: (252) 638-3500

MLS: NorthCarolinaRegional #100469731

NorthCarolinaRegional logo

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