tomo logo

$395,000

Beds
3
Baths
2.0
sq ft
1,616

5498 Rocky River Road, Oakboro, NC 28129

5498 Rocky River Road

Oakboro, NC 28129

  • Coming soon
Coming Soon! Lovingly maintained Mid-Century 1959 Red-brick Ranch, on a pleasant hill; just outside of Oakboro, NC. This home features an open-air, two car, rear facing carport and a side facing, open-air basement garage space. The original owner was an expert local iron-works craftsman, so you will notice the charming Mid-Century iron columns, support poles, fireplace screen and gates around the home. The main level has rustic farmhouse touches and there's a wood burning full brick fireplace in the family room; which also features two exits. Upgraded carpet, rustic painted wood floors, smooth ceilings, tiled bathrooms, newer windows, newer HVAC, septic, well, electrical, plumbing and the roof is less than ten years old! New dishwasher, microwave and Brinks Security System. You won't find another charming rural brick home with this view, acreage and features, priced just right to sell quickly; so don't delay! Contact listing agent for more details and to schedule your private showing!

Details

Property type

Single Family Residence

Est. home value

$346,375

Lot size

Unknown

Price per sq ft

$245

Year built

1959

Price History

05/24/2019
CanopyMLS

CanopyMLS #3492887

Sold
$215,000

Schools & Community

Elementary school: 

Oakboro

Middle school: 

West Stanly

High school: 

West Stanly

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

$250,850
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$112,550
Cash to seller
$250,850

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

Seller’s Loan History

Lender

Crosscountry Mortgage Inc

Loan start date

May 2019

Original loan amount

$125,000

Est. remaining balance

$112,550

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Ralph Kelly Ewdards Iii and Catherine York Edwards

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: 09/19/2024 at 5:40 AM

Listing updated: 09/14/2024 at 5:04 AM

Listed by: Johanna Martin, JPAR Carolina Living Phone #: (704) 941-3640

MLS: CanopyMLS #4182983

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