tomo logo

$363,000

Beds
2
Baths
2.0
sq ft
1,248

515 Backwoods Lane, Colfax, NC 27235

515 Backwoods Lane

Colfax, NC 27235

  • 53 days on market
    • Price drop $3,500↓
Gorgeous setting with rolling grass hills and mature trees for this recently improved home on a 1.76 Acre lot! Let the rocking chair front porch welcome you to this meticulously maintained property that looks and feels like a brand new home: due to the extensive renovations in 2021. Open floorplan, and kitchen with high-end appliances and granite counter tops. Both bathrooms have also been updated and feature Tumbled Marble vanities. Gutter guards and Epoxy Flooring in the garage have also been added. Additional Shed/Barn/Garage can accommodate additional vehicles, as well as workshop/storage. Home is conveniently located near all large Triad cities, as well as the Piedmont Farmer's Market. Bring your most discerning clients to this lovely home before it is too late!

Details

Property type

Single Family Residence

Est. home value

$411,181

Lot size

1.76 acres

Price per sq ft

$291

Year built

1989

Annual property taxes

$2,550

Price History

10/16/2024
TriadMLS

TriadMLS #1155681

Price change
$363,000
-0.95%
09/20/2024
TriadMLS

TriadMLS #1155681

Listed
$366,500
+11.06%
11/23/2021
TriadMLS

TriadMLS #1045077

Sold
$330,000

Schools & Community

Elementary school: 

Call School Board

Middle school: 

Call School Board

High school: 

Call School Board

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

$80,859
Asking price
$363,000
Closing costs (~8% of asking)
-$29,040
Est. remaining loan balance
-$253,101
Cash to seller
$80,859

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

Seller’s Loan History

Lender

Certainty Home Loans Llc

Loan start date

November 2021

Original loan amount

$270,000

Est. remaining balance

$253,101

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Eustina Marie Carlton

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: 11/05/2024 at 10:30 AM

Listing updated: 10/16/2024 at 4:02 PM

Listed by: Mark Smith, Leonard Ryden Burr Real Estate Phone #: (336) 779-9200

MLS: TriadMLS #1155681

TriadMLS logo

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