tomo logo

$200,000

Beds
2
Baths
1.0
sq ft
1,345

516 South Flanner Street, Burlington, NC 27215

516 South Flanner Street

Burlington, NC 27215

  • 4 days on market
Schedule to see this home soon! The main floor has 2 Bedrooms, 1 bath, open kitchen and dining room, and living room on the main floor. The second floor has a sitting area, potential bedroom, and 1 full bathroom, private sitting area, space is not included as a part of the heated area due to ceiling heights but it would make a great area for additional sleeping space (area was not finished by the current owner). All appliances in the kitchen is included. Seller is willing to sell the furniture and the stainless steel fridge, washer, and dryer separately. LVP on the main floor, ceiling fans, walk in shower, roof replaced approx. 3 months ago, fenced rear yard and more. City water & sewer, gas heat, and electric hot water heater. This property would make a great home for a first-time homeowner. Agent Remark Section. Updated 1/29/25 2 8:35M

Details

Property type

Single Family Residence

Est. home value

$186,651

Lot size

5,227.2 sq ft

Price per sq ft

$149

Year built

1947

Annual property taxes

$1,698.82

Price History

01/28/2025
TriangleMLS

TriangleMLS #10073225

Listed
$200,000
+60%
03/10/2021
TriangleMLS

TriangleMLS #114156

Sold
$125,000
+121.24%
09/16/2020
TriangleMLS

TriangleMLS #110837

Sold
$56,500
+13%

Schools & Community

Elementary school: 

Alamance - Harvey R Newlin

Middle school: 

Alamance - Graham

High school: 

Alamance - Graham

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

$92,651
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$91,349
Cash to seller
$92,651

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2021

Original loan amount

$100,000

Est. remaining balance

$91,349

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Frances G Wagner

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: 02/02/2025 at 5:05 AM

Listing updated: 02/01/2025 at 8:00 PM

Listed by: Carolyn Nelson, Let's Move Realty Phone #: (336) 323-8586

MLS: TriangleMLS #10073225

TriangleMLS logo

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