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$220,000

Beds
2
Baths
1.0
sq ft
1,156

620 Mahaley Avenue, Salisbury, NC 28144

620 Mahaley Avenue

Salisbury, NC 28144

  • 69 days on market
    • Price drop $8,000↓
Welcome to 620 Mahaley Ave, a charming bungalow located just minutes from downtown Salisbury and convenient to Novant Hospital. With its inviting charm and classic features, this home is warm and inviting! Nestled on a large .53-acre lot, this home provides ample outdoor space for gardening, recreation, or simply enjoying the tranquility of your property. The home itself boasts 1,387 square feet of well-designed living space, including 2 cozy bedrooms and a full bathroom. One of the standout features of this bungalow is its large, unfinished basement. Whether you envision a home gym, additional storage, or a creative space for your hobbies, this versatile area offers endless possibilities. The home’s classic appeal is complemented by its proximity to downtown Salisbury, where you can enjoy local shops, restaurants, and community events.  Don’t miss this opportunity to own a piece of Salisbury's history. Schedule a showing today and imagine the potential that awaits!

Details

Property type

Single Family Residence

Est. home value

$215,138

Lot size

Unknown

Price per sq ft

$191

Year built

1948

Price History

10/17/2024
CanopyMLS

CanopyMLS #4183151

Price change
$220,000
-3.51%
09/29/2024
CanopyMLS

CanopyMLS #4183151

Price change
$228,000
-5%
09/20/2024
CanopyMLS

CanopyMLS #4183151

Price change
$240,000
-5.88%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$96,805
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$105,595
Cash to seller
$96,805

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

Seller’s Loan History

Lender

Coastal Federal Bank

Loan start date

January 2019

Original loan amount

$117,370

Est. remaining balance

$105,595

Interest rate

4.81%

Loan type

New Conventional, 30 year

Seller

Jesica Martir

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: 11/23/2024 at 12:05 AM

Listing updated: 11/02/2024 at 1:10 PM

Listed by: Chad McDonald, Mosaic Properties, LLC Phone #: (850) 294-4151

MLS: CanopyMLS #4183151

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