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$217,198

Beds
3
Baths
2.0
sq ft
1,287

524 Mountain Meadows Drive, Bessemer City, NC 28016

524 Mountain Meadows Drive

Bessemer City, NC 28016

  • 108 days on market
    • Price drop $1↓
The first thing you will notice about this well kept home sitting on .71 acres, is the covered porch and fenced area out front.The living room features a vaulted ceiling, wood burning fire place, and French door that leads out to a deck and storage area. There are three bedrooms and 2 full baths with a private split design. The primary bedroom bath includes both a stand alone shower as well as a jetted tub. The owner has had professional maintenance on the well, septic and HVAC, as well as inspection of the fireplace and chimney yearly since they purchased the property. Any recommended repairs were always taken care of. Also, up to 5k in concessions towards closing costs with an acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$184,283

Lot size

Unknown

Price per sq ft

$169

Year built

1998

Price History

10/24/2024
CanopyMLS

CanopyMLS #4162130

Price change
$217,198
10/03/2024
CanopyMLS

CanopyMLS #4162130

Price change
$217,199
09/12/2024
CanopyMLS

CanopyMLS #4162130

Price change
$217,200
-0.91%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$82,773
Asking price
$217,198
Closing costs (~8% of asking)
-$17,376
Est. remaining loan balance
-$117,049
Cash to seller
$82,773

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

March 2021

Original loan amount

$127,546

Est. remaining balance

$117,049

Interest rate

2.79%

Loan type

FHA, 30 year

Seller

Sheila D Gaston and Jerry Lee Gaston

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: 11/04/2024 at 11:35 PM

Listing updated: 11/01/2024 at 10:49 AM

Listed by: Ernie Wanner, Yancey Realty, LLC Phone #: (704) 577-9055

MLS: CanopyMLS #4162130

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