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$289,000

Beds
3
Baths
2.0
sq ft
1,868

5601 Folkstone Road, Pfafftown, NC 27040

5601 Folkstone Road

Pfafftown, NC 27040

  • Pending
This .45-acre lot is located in the most sought-after school zones in the area; Vienna Elementary, Lewisville Middle and Reagan High School. This charming 3 bedroom, 2 bathroom ranch-style home boasts an open floor plan designed to maximize flow and connectivity, this home is perfect for entertaining guests. The large living area seamlessly connects to sitting and dining spaces, offering a warm, inviting ambiance that makes gatherings effortless and enjoyable. Ideal for first-time homebuyers or those with a vision, this property is full of potential. A little love will go a long way in transforming this house into your dream home. Each bedroom is well-sized, with plenty of natural light streaming in. Step outside to a large back deck with tranquility and privacy. This home offers not only a beautiful living space but also an unbeatable location. Don't miss out on the opportunity to make this gem yours!

Details

Property type

Single Family Residence

Est. home value

$295,648

Lot size

0.45 acres

Price per sq ft

$155

Year built

1963

Annual property taxes

$2,825.24

Price History

11/02/2024
TriadMLS

TriadMLS #1161374

Pending
$289,000
10/30/2024
TriadMLS

TriadMLS #1161374

Listed
$289,000
+34.42%
05/13/2021
TriadMLS

TriadMLS #1015681

Sold
$215,000

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

$106,276
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$159,604
Cash to seller
$106,276

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2021

Original loan amount

$172,000

Est. remaining balance

$159,604

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Christopher Steven Bellis and Christine Warren Bellis

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 2:50 PM

Listing updated: 11/02/2024 at 11:06 AM

Listed by: Mary Beth Ivester, Adams Carolinas Realty, LLC Phone #: (336) 669-6268

MLS: TriadMLS #1161374

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Recently listed in Pfafftown