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$221,500

Beds
3
Baths
2.0
sq ft
1,634

546 South Franklin Road, Mount Airy, NC 27030

546 South Franklin Road

Mount Airy, NC 27030

  • 43 days on market
    • Price drop $5,400↓
Spacious home with lots of character and charm plus a fenced in yard and detached garage/building. Inviting front porch to sit and relax. You will love the convenient location in sight of Franklin Elementary School. Heat pump and central air, city water but not city limits!

Details

Property type

Single Family Residence

Est. home value

$206,278

Lot size

Unknown

Price per sq ft

$136

Year built

1935

Annual property taxes

$846

Price History

12/09/2024
TriadMLS

TriadMLS #1162743

Price change
$221,500
-2.38%
11/27/2024
TriadMLS

TriadMLS #1162743

Price change
$226,900
-3.41%
11/18/2024
TriadMLS

TriadMLS #1162743

Price change
$234,900
-6%

Schools & Community

Elementary school: 

Franklin

Middle school: 

Meadowview

High school: 

North Surry

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

$97,940
Asking price
$221,500
Closing costs (~8% of asking)
-$17,720
Est. remaining loan balance
-$105,840
Cash to seller
$97,940

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

Seller’s Loan History

Lender

American Southwest Mortgage Corp

Loan start date

June 2017

Original loan amount

$124,747

Est. remaining balance

$105,840

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Jeffrey Tyler Wall and Rachel Arrington

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: 12/25/2024 at 11:00 AM

Listing updated: 12/22/2024 at 4:11 PM

Listed by: Deidre Rogers, Rogers Realty & Auction Co., Inc. Phone #: (336) 789-2926

MLS: TriadMLS #1162743

TriadMLS logo

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