tomo logo

$400,000

Beds
1
Baths
1.0
sq ft
640

503 Wright Road, Vass, NC 28394

503 Wright Road

Vass, NC 28394

  • 13 days on market
Great investment opportunity! This unique property features two fully furnished 1-bedroom, 1-bathroom tiny homes, ideal for Airbnb or extended stays for traveling professionals, such as nurses, etc. Each home is thoughtfully designed with modern finishes, including white flat-panel cabinets, granite countertops, stainless steel appliances, and durable luxury vinyl plank flooring. Both homes come equipped with a washer and dryer, ensuring convenience for guests. Don't miss out on this versatile and income-generating property!

Details

Property type

Single Family Residence

Est. home value

$210,751

Lot size

1.09 acres

Price per sq ft

$625

Year built

2022

Annual property taxes

$932.73

Price History

12/09/2024
TriangleMLS

TriangleMLS #10066628

Listed
$400,000
+1500%
10/27/2020
LongleafPine

LongleafPine #638253

Sold
$25,000

Schools & Community

Elementary school: 

Moore County Schools

Middle school: 

Moore County Schools

High school: 

Moore County Schools

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

$344,861
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$23,139
Cash to seller
$344,861

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

Seller’s Loan History

Lender

Century 21 Mortgage

Loan start date

November 2007

Original loan amount

$35,100

Est. remaining balance

$23,139

Interest rate

6.42%

Loan type

VA, 30 year

Seller

Barry Kovach

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 8:35 PM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Jim Allen, Coldwell Banker HPW Phone #: (919) 876-8824

MLS: TriangleMLS #10066628

TriangleMLS logo

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