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$240,000

Beds
3
Baths
2.0
sq ft
1,493

511 Woodside Drive, Shelby, NC 28150

511 Woodside Drive

Shelby, NC 28150

  • 13 days on market
Great Rental Property, Tenant Occupied! Welcome to this updated 1.5-story ranch home with hardwood floors throughout with cozy carpeted bedrooms. The inviting living room boasts a fireplace, and the primary bedroom features two closets. Enjoy the bonus room upstairs which can be used as an office space and modern conveniences with appliances included (washer/dryer excluded). Additional perks include a detached 2-car garage with pull-down storage, a recently replaced hot water heater, and a spacious backyard!

Details

Property type

Single Family Residence

Est. home value

$254,721

Lot size

Unknown

Price per sq ft

$161

Year built

1950

Price History

09/05/2024
CanopyMLS

CanopyMLS #4179819

Listed
$240,000
+6.67%
09/30/2021
CanopyMLS

CanopyMLS #3775542

Sold
$225,000
+221.43%
09/14/2020
CanopyMLS

CanopyMLS #3651984

Sold
$70,000

Schools & Community

Elementary school: 

Graham

Middle school: 

Shelby

High school: 

Shelby

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

$14,231
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$206,569
Cash to seller
$14,231

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

Seller’s Loan History

Lender

Homestar Financial Corp

Loan start date

September 2021

Original loan amount

$220,924

Est. remaining balance

$206,569

Interest rate

2.77%

Loan type

FHA, 30 year

Seller

Terry Lynn Westphalen and David Wayne Westphalen

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: 09/19/2024 at 3:05 PM

Listing updated: 09/06/2024 at 5:04 AM

Listed by: ZaQuandria Rushing, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4179819

CanopyMLS logo

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