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$325,000

Beds
3
Baths
1.0
sq ft
1,170

903 Belmont Mt Holly Road, Belmont, NC 28012

903 Belmont Mt Holly Road

Belmont, NC 28012

  • 14 days on market
Looking for a rehab that has the potential of becoming two properties for the price of one? This is it. Located in an area that has NO HOA'S the possibilities are endless. This home has been used as a 3 bedroom, 1 full bath home. (3rd bedroom is a true flex space). The living room has a gas fireplace and a 2nd living space directly behind it (or can be used as formal dining), there is a dining nook just off of the kitchen for a small table. Right outside of the kitchen is a utility room/ washer dryer space. The second building on the property has electric, water and heat. Can be turned into a seperate home of up to 1200 sq ft. The current owner was in the midst of a rehab to turn the detached garage into a second living quarters. The home itself is also in rehab mode to be designed however you desire. If you have a vision of a nice home with a guest house or working garage this is the one. Cash, or construction loans accepted. Have proof of funds.

Details

Property type

Single Family Residence

Est. home value

$294,059

Lot size

Unknown

Price per sq ft

$278

Year built

1940

Price History

01/18/2025
CanopyMLS

CanopyMLS #4214934

Listed
$325,000
+18.18%
01/24/2024
CanopyMLS

CanopyMLS #4079029

Sold
$275,000
-8.3%
01/08/2024
CanopyMLS

CanopyMLS #4079029

Pending
$299,900

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

Truist Bank

Loan start date

April 2020

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.25%

Loan type

Credit Line (Revolving), 30 year

Seller

Thomas A Rumfelt

Lender

Suntrust Bank

Loan start date

April 2007

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

6.22%

Loan type

Credit Line (Revolving), 20 year

Seller

Thomas A Rumfelt

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: 02/02/2025 at 2:20 AM

Listing updated: 01/22/2025 at 12:42 AM

Listed by: Carolyn Russ, Carolyn Russ Realty Group LLC Phone #: (980) 474-0816

MLS: CanopyMLS #4214934

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