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$242,500

Beds
3
Baths
2.5
sq ft
1,320

506 Lake Head Rd, Norwood, NC 28128

506 Lake Head Rd

Norwood, NC 28128

  • 139 days on market
    • Price drop $2,500↓
Attractive house built in mid to late 2022 and first occupied 2/20/23. House is superb condition, three foot crawlspace(not a slab house), stainless appliances, natural granite countertops in kitchen and all three bathrooms, nice lake neighborhood, golf carting allowed, NO HOA and much more, Come take a look and drive around the neighborhood and believe you will find no better deal in the region.

Details

Property type

Single Family Residence

Est. home value

$272,668

Lot size

Unknown

Price per sq ft

$184

Year built

2021

Price History

09/09/2024
CanopyMLS

CanopyMLS #4151838

Price change
$242,500
-1.02%
08/06/2024
CanopyMLS

CanopyMLS #4151838

Price change
$245,000
-2.78%
08/01/2024
CanopyMLS

CanopyMLS #4151838

Price change
$252,000
-1.95%

Schools & Community

Elementary school: 

Norwood

Middle school: 

South Stanly

High school: 

South Stanly

Community features: 

Street Lights

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

$56,386
Asking price
$242,500
Closing costs (~8% of asking)
-$19,400
Est. remaining loan balance
-$166,714
Cash to seller
$56,386

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2023

Original loan amount

$170,000

Est. remaining balance

$166,714

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Amanda Deberry

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: 11/03/2024 at 7:20 AM

Listing updated: 09/09/2024 at 8:44 AM

Listed by: Stephanie Smith, Select Premium Properties Inc Phone #: (910) 518-9280

MLS: CanopyMLS #4151838

CanopyMLS logo

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