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$168,550Estimated home value

Beds
2
Baths
2.5
sq ft
1,254

517 Tussey Drive, Hope Mills, NC 28348

517 Tussey Drive

Hope Mills, NC 28348

  • Sold On 12/2/2024
INVESTORS ONLY. Like new, end-unit townhome in safe and quiet neighborhood of Hope Mills. Built in 2022 and in immaculate condition! This is a tenant-occupied home. Owner is seeking an investor buyer to inherit lease/tenant. Currently leased at $1,295 to a great tenant. Lease set to renew on January 31, 2025. This is a turnkey rental property with professional management in place. If you're looking for a maintenance free, cash flowing investment property - it's hard to find anything better than this! Extremely low HOA and taxes, LVP and granite to last for years, with all major mechanicals only two years old. This is a rare find with true cash flow. Act now while it lasts!

Details

Property type

Townhouse

Est. home value

$168,550

Lot size

2,614 sq ft

Price per sq ft

$128

Year built

2022

Monthly HOA fee

$58

Price History

11/25/2024
LongleafPine

LongleafPine #734247

Sold
$155,000
-3.13%
11/10/2024
LongleafPine

LongleafPine #734247

Pending
$160,000
10/31/2024
LongleafPine

LongleafPine #734247

Listed
$160,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Cumberland County Schools

High school: 

Cumberland County Schools

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

$34,169
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$113,031
Cash to seller
$34,169

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

December 2022

Original loan amount

$115,425

Est. remaining balance

$113,031

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

David J Caggiano

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?

Status: Off Market

Tomo last checked: 12/23/2024 at 10:25 PM

Listing updated: 12/02/2024 at 3:20 PM

Listed by: JASON HILL, FREEDOM CHOICE REALTY Phone #: (517) 281-5087

MLS: LongleafPine #734247

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