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$205,000

Beds
2
Baths
1.0
sq ft
780

614 Maryland Avenue, Burlington, NC 27217

614 Maryland Avenue

Burlington, NC 27217

  • 111 days on market
    • Price drop $7,000↓
This charming 2-bedroom, 1-bath home was recently renovated and is move-in ready. Recent updates include: Newer roof, HVAC system and windows. The kitchen features stunning quartz countertops, and the home is equipped with a tankless hot water heater, smart lock, and smart thermostat for added convenience. This property is perfect for a homebuyer or would make and excellent Airbnb investment. Don't miss out on this fantastic opportunity!

Details

Property type

Single Family Residence

Est. home value

$194,437

Property condition

Updated/Remodeled

Lot size

7,405.2 sq ft

Price per sq ft

$263

Year built

1951

Annual property taxes

$664.67

Price History

08/27/2024
TriangleMLS

TriangleMLS #10036069

Price change
$205,000
-3.3%
08/17/2024
TriangleMLS

TriangleMLS #10036069

Price change
$212,000
-7.02%
07/29/2024
TriangleMLS

TriangleMLS #10036069

Price change
$228,000
-0.87%

Schools & Community

Elementary school: 

Alamance - East Lawn

Middle school: 

Alamance - Broadview

High school: 

Alamance - Walter Williams

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

$9,366
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$179,234
Cash to seller
$9,366

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2023

Original loan amount

$180,700

Est. remaining balance

$179,234

Interest rate

7.19%

Loan type

New Conventional, 30 year

Seller

Daijah Ashby

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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2006 North Ashland Drive, Burlington, NC 27217

Status: Active

Tomo last checked: 10/05/2024 at 9:55 PM

Listing updated: 09/12/2024 at 11:40 AM

Listed by: Phyllis Algood, All Good Real Estate Phone #: (919) 630-4068

MLS: TriangleMLS #10036069

TriangleMLS logo

Recently listed in Burlington