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$819,000

Beds
3
Baths
3.0
sq ft
2,947

1055 Mount Zion Church Road, Iron Station, NC 28080

1055 Mount Zion Church Road

Iron Station, NC 28080

  • 54 days on market
    • Price drop $40,900↓
Private log cabin on nearly 10 acres! As you enter the property through a long driveway you will feel like you are on vacation and far away from everything. However, this property is only 30 minutes from uptown Charlotte! On the main level you will find 3 bedrooms and 2 baths. Also located on the main level is a two story living room with open beams, an open kitchen, screened porch and a wrap around porch to enjoy all of the beautiful acreage. Upstairs is an open loft and a bonus room/office, as well as, another full bath. Recent updates include a roof, gutters, water heater, and 2 heat pumps. East Lincoln school district. There is also a carport and a few outbuildings

Details

Property type

Single Family Residence

Est. home value

$762,868

Lot size

Unknown

Price per sq ft

$278

Year built

1998

Price History

05/31/2024
CanopyMLS

CanopyMLS #4137148

Price change
$819,000
-4.76%
05/20/2024
CanopyMLS

CanopyMLS #4137148

Price change
$859,900
-7.04%
05/17/2024
CanopyMLS

CanopyMLS #4137148

Listed
$925,000
+44.31%

Schools & Community

Elementary school: 

Iron Station

Middle school: 

East Lincoln

High school: 

East Lincoln

Community features: 

None

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

$332,163
Asking price
$819,000
Closing costs (~8% of asking)
-$65,520
Est. remaining loan balance
-$421,317
Cash to seller
$332,163

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

September 2021

Original loan amount

$448,700

Est. remaining balance

$421,317

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Andrew Michael Schott

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: 07/07/2024 at 6:40 PM

Listing updated: 06/26/2024 at 11:53 AM

Listed by: Anna Wiseman, RE/MAX Lifestyle Phone #: (704) 764-1908

MLS: CanopyMLS #4137148

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