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$220,000

Beds
3
Baths
1.5
sq ft
1,020

507 South 11th Street, Bessemer City, NC 28016

507 South 11th Street

Bessemer City, NC 28016

  • 54 days on market
This home is a must see beautiful 3-bedroom, 1.5-bathroom home situated in the heart of Bessemer City—a truly unmissable opportunity! This prime property is conveniently located just 2 minutes from downtown, the Bessemer City Pool, and Stinger Park. Additionally, Whiskey Mills is only 1 mile away. Whether you're a first-time homebuyer or seeking your forever home, this residence is a perfect fit.

Details

Property type

Single Family Residence

Est. home value

$209,542

Lot size

Unknown

Price per sq ft

$216

Year built

1986

Price History

07/26/2024
CanopyMLS

CanopyMLS #4164952

Listed
$220,000
+6.8%
09/07/2022
CanopyMLS

CanopyMLS #3883766

Sold
$206,000
+116.84%
02/10/2021
CanopyMLS

CanopyMLS #3686248

Sold
$95,000

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

-$2,511
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$204,911
Cash to seller
-$2,511

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2022

Original loan amount

$210,738

Est. remaining balance

$204,911

Interest rate

5.51%

Loan type

VA, 30 year

Seller

Timothy M Quick

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: 09/17/2024 at 11:30 PM

Listing updated: 08/03/2024 at 3:15 PM

Listed by: Betty Phu, Premier South Phone #: (704) 829-3518

MLS: CanopyMLS #4164952

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