tomo logo

$360,000

Beds
2
Baths
1.0
sq ft
1,177

5436 New Oak Trail, Burlington, NC 27217

5436 New Oak Trail

Burlington, NC 27217

  • Coming soon
Discover the perfect blend of charm and opportunity with this unique 2 bedroom 1 Bath, spacious flex room currently being used as primary. 4+ acre property featuring two parcels, a single-level brick home, and a large barn full of possibilities! Whether you're an equestrian enthusiast looking for space to house horses or dreaming of transforming the barn into a stunning barndominium, this property offers endless potential. Enjoy the beauty of wide-open land, the warmth of a classic country home, and the freedom to create the lifestyle you've always wanted. Don't miss this rare opportunity to own a slice of peaceful living with room to grow!

Details

Property type

Single Family Residence

Est. home value

$294,755

Lot size

4.0 acres

Price per sq ft

$306

Year built

1935

Annual property taxes

$1,217

Price History

08/24/2022
TriangleMLS

TriangleMLS #2459224

Sold
$270,000

Schools & Community

Elementary school: 

Alamance - Alta Ossipee

Middle school: 

Alamance - Western

High school: 

Alamance - Western Alamance

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

$80,013
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$251,187
Cash to seller
$80,013

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

Seller’s Loan History

Lender

Zillow Home Loans Llc

Loan start date

August 2022

Original loan amount

$260,000

Est. remaining balance

$251,187

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Jennifer Jonelis and Stanley Jonelis

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: Coming Soon

Tomo last checked: 03/10/2025 at 12:45 AM

Listing updated: 03/07/2025 at 1:26 PM

Listed by: Jamie T Skaalerud, Keller Williams Central Phone #: (336) 227-4433

MLS: TriangleMLS #10080784

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