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$249,900

Beds
3
Baths
2.0
sq ft
2,600

706 McPherson St, Elizabeth City, NC 27909

706 McPherson St

Elizabeth City, NC 27909

  • 14 days on market
Inviting home with three bedrooms, two baths, dining room, fully fenced back yard. One of the showers is a walk in. Front area has hard wood floors, bedrooms have carpet. New HVAC last year. The back yard is unusual, in that it has an ally behind the fenced in yard, for full access by car. Shed is also in back yard. One street over from Church Street for a pleasant walk downtown or to waterfront. Great floor plan. Home was built in 1977, but remodeled in the last 10 years. New windows and roof were added at that time. There are cosmetic repairs that need to be done in the kitchen and a few areas. The owner has decided to keep the price so the new buyers can choose their own colors and design. The home is priced at comparable market value to be sold as is without repairs.

Details

Property type

Single Family Residence

Est. home value

$230,672

Lot size

6,621 sq ft

Price per sq ft

$97

Year built

1977

Annual property taxes

$1,816.21

Price History

09/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100464130

Listed
$249,900
+66.6%
03/31/2020
NorthCarolinaRegional

NorthCarolinaRegional #897653

Sold
$150,000
+2.04%
05/30/2019
NorthCarolinaRegional

NorthCarolinaRegional #894856

Sold
$147,000

Schools & Community

Elementary school: 

P.W. Moore Elementary

Middle school: 

Elizabeth City Middle School

High school: 

ECP Early College High School

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

$120,798
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$109,110
Cash to seller
$120,798

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

Seller’s Loan History

Lender

Townebank Mortgage

Loan start date

March 2020

Original loan amount

$120,000

Est. remaining balance

$109,110

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Stephen R Caton and Jennifer Osbornne Caton

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: 09/16/2024 at 4:25 PM

Listing updated: 09/03/2024 at 10:27 AM

Listed by: Nancy Bailey Muller, Century 21 Nachman Phone #: (252) 331-1300

MLS: NorthCarolinaRegional #100464130

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