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$285,000

Beds
2
Baths
1.0
sq ft
1,022

5809 Wolf Pond Road, Monroe, NC 28112

5809 Wolf Pond Road

Monroe, NC 28112

  • 78 days on market
    • Price drop $5,000↓
**First time home buyers. USDA eligible address ** Nestled in the serene countryside of Union County, this charming 2-bedroom, 1-bathroom bungalow offers the perfect blend of rustic charm. The home features brand-new floors and a state-of-the-art HVAC system, ensuring year-round comfort. Situated on a spacious 2.9-acre lot, the property includes a detached workshop and a barn, ideal for hobbies or extra storage. Whether you envision a small farm, a garden, or simply enjoying open space, this property provides endless possibilities. Embrace the rural lifestyle and make this quaint bungalow your new home today! This property is divided into two parcels. It would be easy to live in this home and build another one on the other lot where the shop is.

Details

Property type

Single Family Residence

Est. home value

$195,717

Lot size

Unknown

Price per sq ft

$279

Year built

1960

Price History

08/15/2024
CanopyMLS

CanopyMLS #4166485

Price change
$285,000
-1.72%
08/13/2024
CanopyMLS

CanopyMLS #4166485

Price change
$290,000
-3.3%
08/04/2024
CanopyMLS

CanopyMLS #4166485

Listed
$299,900
+71.47%

Schools & Community

Elementary school: 

Prospect

Middle school: 

Parkwood

High school: 

Parkwood

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loancare Llc

Loan start date

July 2021

Original loan amount

$13,603

Est. remaining balance

$12,598

Interest rate

3%

Loan type

FHA, 29 year

Seller

Tyler Yow Lee and Richard Lee

Lender

Movement Mortgage

Loan start date

December 2019

Original loan amount

$171,731

Est. remaining balance

$155,161

Interest rate

3.69%

Loan type

FHA, 30 year

Seller

Richard Irvin Lee and Tyler Yow Lee

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: 10/18/2024 at 7:30 PM

Listing updated: 10/15/2024 at 11:44 PM

Listed by: Misty Cuthbertson, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4166485

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