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$199,900

Beds
2
Baths
1.0
sq ft
916

817 Salem Church Road, Lincolnton, NC 28092

817 Salem Church Road

Lincolnton, NC 28092

  • 65 days on market
    • Price drop $3,100↓
Price Reduction and Priced below tax value! Looking for a starter home or even one to downsize to? Step into this charming and fully remodeled 2-bedroom, 1-bath cottage-style home near the heart of fast growing Lincolnton! Completely renovated in 2021 included added metal roof, this gem boasts modern upgrades while retaining it's cozy character. New windows and new HVAC give you an energy efficient ready to move in gem. The bright and airy interior features updated finishes and fixtures throughout, creating a welcoming space you'll love to call home. Kitchen boosts an island with seating capacity. Outside, enjoy the expansive yard with privacy of a fully fenced backyard—perfect for relaxing, gardening, or entertaining on the back deck. Added storage shed is a plus too along with three sections of storage and a low maintenance metal roof! Nestled in an established neighborhood close to many amenities and stores, this delightful cottage offers both comfort and charm.

Details

Property type

Single Family Residence

Est. home value

$220,371

Lot size

Unknown

Price per sq ft

$219

Year built

1955

Price History

01/22/2025
CanopyMLS

CanopyMLS #4201235

Price change
$199,900
-1.53%
01/17/2025
CanopyMLS

CanopyMLS #4201235

Price change
$203,000
-2.4%
12/24/2024
CanopyMLS

CanopyMLS #4201235

Price change
$208,000
-2.35%

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

$66,776
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$117,132
Cash to seller
$66,776

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

October 2021

Original loan amount

$126,170

Est. remaining balance

$117,132

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Katherine Lorraine Bonham

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: 01/23/2025 at 4:30 PM

Listing updated: 01/22/2025 at 12:20 AM

Listed by: Angela Walker, Premier South Phone #: (704) 829-3518

MLS: CanopyMLS #4201235

CanopyMLS logo

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