tomo logo

$515,000

Beds
4
Baths
2.5
sq ft
2,724

5308 Tower Road, Greensboro, NC 27410

5308 Tower Road

Greensboro, NC 27410

  • 86 days on market
    • Price drop $5,000↓
*Our preferred lender, Benchmark Mortgage, is offering a 1% of loan amount credit towards closing cost if you are approved & close with their company.* Welcome to your private retreat in the heart of Dresden Woods! This recently updated 2,700 square foot home offers a large primary bedroom with walk-in closet and ensuite on the main level as well as a versatile office space that can be used as a 5th bedroom! Hardwood floors throughout main floor. Updates include a new roof, siding and HVAC with fresh interior paint, new carpet & more. Gather around the gas log fireplace in the cozy living room or whip up culinary delights in the renovated kitchen, complete with new cabinets, granite countertops and stainless-steel appliances. Upstairs, three additional large bedrooms and an updated guest bath await. Outback an outdoor shed and 2-car garage provide ample storage with a stunning brick patio perfect for entertaining guests. Don't miss out on this exceptional home!

Details

Property type

Single Family Residence

Est. home value

$345,295

Lot size

0.30 acres

Price per sq ft

$190

Year built

1984

Annual property taxes

$3,572.43

Price History

06/21/2024
TriadMLS

TriadMLS #1137783

Price change
$515,000
-0.96%
05/13/2024
TriadMLS

TriadMLS #1137783

Price change
$520,000
-1.89%
04/12/2024
TriadMLS

TriadMLS #1137783

Listed
$530,000
+125.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$325,301
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$148,499
Cash to seller
$325,301

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

Seller’s Loan History

Lender

Taylor Bean & Whitaker Mortgage Corp

Loan start date

June 2009

Original loan amount

$221,102

Est. remaining balance

$148,499

Interest rate

4.78%

Loan type

FHA, 30 year

Seller

George Cherry and Marcella Cherry

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: 07/07/2024 at 6:10 PM

Listing updated: 07/03/2024 at 3:43 AM

Listed by: Lauren Williams, Karen Bolyard Real Estate Group Brokered by eXp Realty Phone #: (336) 202-4477

MLS: TriadMLS #1137783

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