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$475,000

Beds
4
Baths
2.5
sq ft
2,409

1061 Fairway Ridge Road Northwest, Concord, NC 28027

1061 Fairway Ridge Road Northwest

Concord, NC 28027

  • 188 days on market
    • Price drop $10,000↓
Beautifully renovated home in a highly desirable neighborhood. Features a spacious LV w/cathedral ceiling creating an elegant & open atmosphere. Brand new (LVP) flooring across both floors. A striking new staircase w/modern WI spindles enhances the home’s contemporary appeal. New kitchen w/42-inch cabinets w/CM, quartz CT, additional cabinetry, serving bar, new hardware, stylish backsplash, & SS appliances. The kitchen overlooks a cozy FR w/wood-burning FP. A sunroom that leads to a fully fenced backyard w/metal fencing & 2-gates. 1/2 bath w/new vanity, backsplash, & mirror for a modern touch. 2-pantries. Upstairs,3 BR, one w/ built ins. PBR w/new fanlights, new blinds. The primary bath has new dual vanity, dual mirrors/medicine cabinets, a new showerhead, lighting, jetted tub w/tile surround. Fresh paint throughout. Prof photos coming soon, once everything is completed BACK ON THE MARKET WITH NO FAULT TO SELLER. BUYER GOT LAID OFF FEW DAYS BEFORE DUE DDP ENDED!!

Details

Property type

Single Family Residence

Est. home value

$451,796

Lot size

Unknown

Price per sq ft

$198

Year built

1990

Monthly HOA fee

$22.46

Price History

10/31/2024
CanopyMLS

CanopyMLS #4142097

Listed
$475,000
10/10/2024
CanopyMLS

CanopyMLS #4142097

Pending
$475,000
09/16/2024
CanopyMLS

CanopyMLS #4142097

Price change
$475,000
-2.06%

Schools & Community

Elementary school: 

Weddington Hills

Middle school: 

Harold E Winkler

High school: 

West Cabarrus

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

$103,109
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$333,891
Cash to seller
$103,109

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

May 2022

Original loan amount

$348,000

Est. remaining balance

$333,891

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Darrin S Knode and Tiana Knode

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: 11/22/2024 at 11:55 PM

Listing updated: 10/31/2024 at 2:09 PM

Listed by: Kelly Brais, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: CanopyMLS #4142097

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