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$215,000

Beds
2
Baths
2.0
sq ft
1,392

835 Salem Church Road, Lincolnton, NC 28092

835 Salem Church Road

Lincolnton, NC 28092

  • 103 days on market
    • Price drop $10,000↓
Great opportunity nestled on over 2 acres of mostly cleared land less than 10 minutes from downtown Lincolnton yet outside of the city limits! Tons of potential in this 2 bedroom, 2 bathroom ranch home with over 1300 heated square feet that has both a den and living room/flex room. The expansive property provides ample room for outdoor activities, gardening or future expansions. Living here you are conveniently located near Highways 27, 321, 150 and 73. This property combines the best of rural living with easy access to Hickory, Denver, and even less than an hour to Uptown Charlotte!

Details

Property type

Single Family Residence

Est. home value

$183,579

Lot size

Unknown

Price per sq ft

$155

Year built

1950

Price History

08/28/2024
CanopyMLS

CanopyMLS #4147859

Price change
$215,000
-4.44%
07/01/2024
CanopyMLS

CanopyMLS #4147859

Price change
$225,000
-4.26%
06/07/2024
CanopyMLS

CanopyMLS #4147859

Listed
$235,000
+88%

Schools & Community

Elementary school: 

G.e. Massey

Middle school: 

Lincolnton

High school: 

Lincolnton

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

$87,608
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$110,192
Cash to seller
$87,608

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

January 2020

Original loan amount

$121,250

Est. remaining balance

$110,192

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Justin Purvis

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: 08/27/2024 at 9:35 PM

Listed by: Crystal Cox, Berkshire Hathaway HomeServices Carolinas Realty Phone #: (704) 892-1424

MLS: CanopyMLS #4147859

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