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$149,999

Beds
3
Baths
1.0
sq ft
1,557

515 Mcdonald Avenue, Hamlet, NC 28345

515 Mcdonald Avenue

Hamlet, NC 28345

  • 20 days on market
Welcome to 515 McDonald Avenue, a charming single-family residence nestled in the heart of Hamlet, North Carolina. Built in 1910, this historic home seamlessly blends classic character with modern updates, offering 1,557 square feet of comfortable living space. Key Features: • Bedrooms: 3 spacious bedrooms provide ample space for family and guests. • Bathrooms: 1 full bathroom, thoughtfully updated for modern convenience, including a recently installed shower and sink in 2024. • Interior: The home boasts fresh interior paint, new carpeting, and brand-new flooring throughout, enhancing its warm and inviting atmosphere. • Upgrades: A new roof was installed in 2022, and a new HVAC unit was added in 2021, ensuring comfort and efficiency year-round. • Living Space: A generous layout includes a sizable kitchen and living areas, perfect for daily living and entertaining. • Lot Size: Situated on a 0.33 -acre lot, the property offers a spacious yard for outdoor activities and potential gardening endeavors. • Location: Conveniently located near local amenities, schools, and parks, providing both comfort and accessibility. This residence captures the essence of early 20th-century architecture while providing the comforts desired in today's homes. With modern upgrades such as a new roof, HVAC system, updated bathroom fixtures, and fresh flooring throughout, 515 McDonald Avenue is move-in ready and perfect for creating lasting memories. Whether you're a first-time homebuyer or looking to embrace the charm of a historic property, 515 McDonald Avenue is ready to welcome you.

Details

Property type

Single Family Residence

Est. home value

$119,943

Lot size

0 sq ft

Price per sq ft

$97

Year built

1910

Price History

01/03/2025
NorthCarolinaRegional

NorthCarolinaRegional #100481906

Listed
$149,999
+76.47%
10/20/2021
NorthCarolinaRegional

NorthCarolinaRegional #206765

Sold
$85,000

Schools & Community

Elementary school: 

Fairview Heights Elementary

Middle school: 

Hamlet Middle

High school: 

Richmond Senior High

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

$66,470
Asking price
$149,999
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$71,529
Cash to seller
$66,470

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

October 2021

Original loan amount

$76,500

Est. remaining balance

$71,529

Interest rate

2.87%

Loan type

New Conventional, 32 year

Seller

James Bingham and Jane Bingham

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: 01/23/2025 at 3:55 PM

Listing updated: 01/03/2025 at 1:32 PM

Listed by: Blake Altman, Premier Real Estate of the Sandhills LLC Phone #: (910) 692-1760

MLS: NorthCarolinaRegional #100481906

NorthCarolinaRegional logo

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