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$285,000

Beds
2
Baths
1.0
sq ft
1,180

607 East Brown Street, Mebane, NC 27302

607 East Brown Street

Mebane, NC 27302

  • 73 days on market
    • Price drop $4,900↓
The one you've been waiting for! 607 E Brown is an adorable option just a stones throw from all the wonderful restaurants and shops thatDowntown Mebane has to offer. An ultra-convenient location - this is an attractive option for your new home or your next investment property. This ranchstyle home offers easy one-level living, 2 good-sized bedrooms, (with a bonus room that could serve as a 3rd, or home office) and a functional open layoutwith plenty of natural light filling each room. Bring your rocking chair and enjoy beautiful sunsets from your large front porch, walk to downtown, live yourbest life! Roof 2023, HVAC 2023, Appliances 2023. Come check out 607 E Brown and make it your new home!

Details

Property type

Single Family Residence

Est. home value

$239,036

Lot size

0.33 acres

Price per sq ft

$242

Year built

1924

Annual property taxes

$1,267

Price History

08/29/2024
TriangleMLS

TriangleMLS #10039650

Price change
$285,000
-1.69%
08/08/2024
TriangleMLS

TriangleMLS #10039650

Price change
$289,900
-3.33%
07/06/2024
TriangleMLS

TriangleMLS #10039650

Listed
$299,900

Schools & Community

Elementary school: 

Orange - Efland Cheeks

Middle school: 

Orange - Gravelly Hill

High school: 

Orange - Orange

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

$129,672
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$132,528
Cash to seller
$129,672

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

February 2023

Original loan amount

$135,000

Est. remaining balance

$132,528

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Kimberley W Oquinn

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: 09/17/2024 at 9:55 PM

Listing updated: 09/12/2024 at 11:39 AM

Listed by: Nate Zarzar Zarzar, Keller Williams Central Phone #: (336) 227-4433

MLS: TriangleMLS #10039650

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