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$525,000

Beds
3
Baths
4.0
sq ft
2,740

741 Glenn Bridge Road, Arden, NC 28704

741 Glenn Bridge Road

Arden, NC 28704

  • 16 days on market
Investors Dream! This charming two story home features 3 BR and 4 Baths, offering immense potential for those looking to invest. Though the property suffered storm damage and has been gutted, it presents a fantastic opportunity for a complete rebuild or renovation. Set on a generous 4.52 acres, this property includes nearly 3 acres of beautiful, buildable land outside of the floodplain-a perfect canvas for constructing additional homes or creating your own private retreat. It's in a prime location! You can enjoy the tranquility of rural living while still being conveniently located near essential amenities. Whether you're an investor looking for a fixer-upper or a developer seeking land for new construction, this property has the potential to meet your vision. .

Details

Property type

Single Family Residence

Est. home value

$824,434

Lot size

Unknown

Price per sq ft

$192

Year built

1946

Price History

02/07/2025
CanopyMLS

CanopyMLS #4219737

Listed
$525,000

Schools & Community

Elementary school: 

Avery's Creek/Koontz

Middle school: 

Unspecified

High school: 

T.C. Roberson

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Alpha Mortgage Corp

Loan start date

August 2021

Original loan amount

$816,900

Est. remaining balance

Not provided

Interest rate

2.19%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 63 year

Seller

Betty Donoho

Lender

Prime Lending

Loan start date

December 2005

Original loan amount

$153,000

Est. remaining balance

$89,116

Interest rate

6.31%

Loan type

Not Provided, 30 year

Seller

Betty Donoho

Lender

Blue Ridge Savings Bank Inc

Loan start date

December 2005

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

5.76%

Loan type

Not Provided, 2 year

Seller

Betty S Donoho

Lender

Prime Lending

Loan start date

February 2005

Original loan amount

$153,000

Est. remaining balance

$81,443

Interest rate

5.77%

Loan type

Not Provided, 30 year

Seller

Betty Donoho

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: 02/23/2025 at 12:50 PM

Listing updated: 02/22/2025 at 11:39 AM

Listed by: Susan Ledwell-Lytle, Cool Mountain Realty Phone #: (828) 628-3088

MLS: CanopyMLS #4219737

CanopyMLS logo

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