tomo logo

$260,000

Beds
3
Baths
2.0
sq ft
2,050

706 Nance Drive, Thomasville, NC 27360

706 Nance Drive

Thomasville, NC 27360

  • 132 days on market
    • Price drop $10,000↓
Charming 3-bed, 2-bath home blending vintage charm with modern updates. The living room features wood-paneled walls, a cozy brick fireplace, and large windows that fill the space with natural light. Spacious bedrooms, a full basement for storage or a workshop, and a large backyard make this home perfect for comfortable living and entertaining. Home qualifies for $15,000 Down Payment Assistance, PLUS $5,000 FNB Grant towards closing costs. See agent only remarks for additional details.

Details

Property type

Single Family Residence

Est. home value

$292,584

Lot size

0.46 acres

Price per sq ft

$127

Year built

1958

Annual property taxes

$3,023.81

Price History

12/21/2024
TriadMLS

TriadMLS #1152240

Price change
$260,000
-3.7%
10/23/2024
TriadMLS

TriadMLS #1152240

Price change
$270,000
-4.59%
10/03/2024
TriadMLS

TriadMLS #1152240

Price change
$283,000
-0.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$23,350
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$215,850
Cash to seller
$23,350

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$225,735

Est. remaining balance

$215,850

Interest rate

4.42%

Loan type

FHA, 30 year

Seller

Nicholas Tyler Macleod

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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3831 Upper Lake Road, Thomasville, NC 27360

Status: Active

Tomo last checked: 12/23/2024 at 3:15 PM

Listing updated: 12/21/2024 at 2:01 PM

Listed by: Toby Russell, NorthGroup Real Estate Phone #: (704) 412-2804

MLS: TriadMLS #1152240

TriadMLS logo

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