tomo logo

$225,000

Beds
2
Baths
1.0
sq ft
998

1001 Sides Avenue, Kannapolis, NC 28083

1001 Sides Avenue

Kannapolis, NC 28083

  • Coming soon
This home is perfect for a first time home buyer or a great opportunity for an investor, only 1.4 miles from the baseball field!! This charming home has a welcoming front porch, and a screened in porch in the back. There is a fireplace, but it has been blocked off. This home offers 2 bedrooms, and there is a door connecting the rooms. ADT security system has 3 exterior cameras that will convey. Roof installed in 2017. Priced to sell - motivated seller!!

Details

Property type

Single Family Residence

Est. home value

$207,086

Lot size

Unknown

Price per sq ft

$226

Year built

1925

Price History

10/20/2022
CanopyMLS

CanopyMLS #3898608

Sold
$205,000

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

$33,521
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$173,479
Cash to seller
$33,521

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

October 2022

Original loan amount

$178,062

Est. remaining balance

$173,479

Interest rate

5.66%

Loan type

FHA, 30 year

Seller

Sandra Young

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?

Status: Coming Soon

Tomo last checked: 10/18/2024 at 4:45 AM

Listing updated: 10/17/2024 at 5:05 AM

Listed by: Amanda McKinnon, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4192240

CanopyMLS logo

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