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$249,000

Beds
3
Baths
2.0
sq ft
1,138

505 Azure Avenue, Albemarle, NC 28001

505 Azure Avenue

Albemarle, NC 28001

  • 23 days on market
    • Price drop $6,000↓
Welcome home! Discover this delightful 3-bedroom, 2-bath home in Albemarle, perfect for first-time home buyers. Featuring an attached 2-car garage, and a shed providing enough storage. This property offers ample space and convenience while providing country and city living. This home is USDA qualified and provides an excellent opportunity for affordable homeownership. Embrace the comfort and charm of this welcoming residence, perfect for starting your new chapter.

Details

Property type

Single Family Residence

Est. home value

$242,650

Lot size

Unknown

Price per sq ft

$219

Year built

2005

Monthly HOA fee

$8.33

Price History

10/07/2024
CanopyMLS

CanopyMLS #4184010

Price change
$249,000
-2.35%
09/26/2024
CanopyMLS

CanopyMLS #4184010

Listed
$255,000
+18.6%
08/11/2021
CanopyMLS

CanopyMLS #3737872

Sold
$215,000
+51.41%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$26,700
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$202,380
Cash to seller
$26,700

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

Seller’s Loan History

Lender

Consumer Real Estate Finance Co

Loan start date

August 2021

Original loan amount

$217,171

Est. remaining balance

$202,380

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Lane Dalton Morris

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: 10/19/2024 at 9:35 AM

Listing updated: 10/07/2024 at 10:36 AM

Listed by: Maria Smith Lopez, Coldwell Banker- CK Select Phone #: (704) 788-2255

MLS: CanopyMLS #4184010

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Recently listed in Albemarle