407 Forestway Drive | Sinko Realty LLC

$175,000

UNDER CONTRACT

407 Forestway Drive

Mount Holly, NC, 28120

3 Bedrooms | 2 Bathrooms | 1,115 Sq Ft | 0.31 Acres
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Property Description

*BACK ON MARKET due to no fault of the seller*
Charming partial-brick ranch situated on a spacious lot, featuring a covered front porch and a back patio perfect for grilling and outdoor entertaining. Tucked into a peaceful neighborhood, this home is ideally located between Charlotte and Gastonia, offering convenient access for commuters in either direction.

Inside, youโ€™ll find a bright living room with original hardwood floors that flow into a private dining area and on to a generously sized kitchen. The kitchen offers ample wood cabinetry for storage along with a breakfast bar for casual seating. With three bedrooms and two full bathrooms, thereโ€™s plenty of space to create your ideal home.

The backyard backs up to mature trees, providing added privacy and a serene setting. Two storage buildings offer plenty of room for tools, equipment, or hobbies. While the home does need some repairs and TLC, it presents a fantastic opportunity to personalize the space or add value as an investment property.
-> Attached documents showing 5 year warranty for roof.

Property Details

Property Type: Single Family Residence
Year Built: 1956
Living Area: 1,115 sq ft
Price / Sq Ft: $157
Lot Size: 0.31 acres
Bedrooms: 3
Bathrooms: 2 (2 full, 0 half)
Days on Market: 10
Subdivision: None
Cooling: Ceiling Fan(s), Central Air
Heating: Forced Air
Water: Well
Sewer: Septic Installed
Foundation: Crawl Space
Construction: Brick Partial, Vinyl
Laundry: Electric Dryer Hookup, In Kitchen
Flooring: Laminate, Vinyl, Wood
Patio/Porch: Covered, Front Porch, Patio

Appliances

Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator

Features

Interior Features
  • Breakfast Bar

Schools

Elementary: North Belmont
High: East Gaston

Financial Information

List Price: $175,000
HOA: No
Listing Information
Status: Active Under Contract
MLS #: 4321014
Listing Firm: Keller Williams Ballantyne Area
Listing Agent: Thomas Elrod
Agent Email: listings@hprea.com

Market Insights

Beta
Mount Holly is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
69 Active Listings
31 Sold (Last 90 Days)
6.7 mo Inventory
-
97.9%
List to Sale Price
Homes typically sell for about 2% below list price.
~
78 days
Avg. Days on Market
Homes take around 78 days on average to sell.
$
$375,000
Median Sale Price
Based on 31 recent sales

Estimated Monthly Payment

Full Calculator โ†’
Estimated Payment
$1,082
per month
Payment Breakdown
Principal & Interest $885
Property Tax (est.) $146
Insurance (est.) $51
Total Monthly $1,082

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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Equal Housing Opportunity

Equal Housing Opportunity: Sinko Realty LLC is committed to the principle of equal housing opportunity. All listings are subject to the Federal Fair Housing Act.

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