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$170,000

Beds
2
Baths
1.0
sq ft
1,160

710 West Elm Street, Shelby, NC 28150

710 West Elm Street

Shelby, NC 28150

  • 187 days on market
    • Price drop $5,000↓
Zero money down! Whether it's your first home, downsizing, or investing, this newly renovated 2-bedroom, 1-bathroom house is exactly what you're looking for. Originally built in 1946, its effective year built is 1976, with several renovations completed in 2022. Updates include custom paint, stainless steel appliances, butcher block countertops, laminate wood flooring, doors, lighting, bathroom fixtures, HVAC, and water heater, among others. The bonus room/laundry area provides flexible space for an office, craft room, or anything else you may need. The spacious backyard is perfect for gatherings or simply unwinding. Located in an up-and-coming neighborhood, you'll enjoy easy access to nearby amenities and the highway for quick trips out of town. Plus, the mountains are just a short drive away, offering endless outdoor adventures.

Details

Property type

Single Family Residence

Est. home value

$169,940

Lot size

Unknown

Price per sq ft

$147

Year built

1946

Price History

05/13/2024
CanopyMLS

CanopyMLS #4118746

Price change
$170,000
-2.86%
03/15/2024
CanopyMLS

CanopyMLS #4118746

Listed
$175,000
+20.69%
11/28/2022
CanopyMLS

CanopyMLS #3862435

Sold
$145,000
+141.67%

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

$14,322
Asking price
$170,000
Closing costs (~8% of asking)
-$13,600
Est. remaining loan balance
-$142,078
Cash to seller
$14,322

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

Seller’s Loan History

Lender

Planet Home Lending Llc

Loan start date

May 2023

Original loan amount

$144,210

Est. remaining balance

$142,078

Interest rate

6.6%

Loan type

FHA, 30 year

Seller

Bassel Tabet

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: 09/19/2024 at 5:50 AM

Listing updated: 05/13/2024 at 7:23 PM

Listed by: Kelly Brais, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: CanopyMLS #4118746

CanopyMLS logo

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