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$625,000

Beds
6
Baths
5.5
sq ft
4,608

111 Bethpage Road, Kannapolis, NC 28081

111 Bethpage Road

Kannapolis, NC 28081

  • 65 days on market
    • Price drop $25,000↓
Endless possibilities with this amazing property. Potential Bed and Breakfast, separate apartment for additional income, or just your personal estate. 5 Bedroom, 4 full bath all brick 1930's home. Many features in home will take you back in time, oak flooring, stone fireplace, glass door knobs, picture frame molding to name a few. There is a seperate apartment that could be used a income producing property. All of this on just under 1 acre of land right outside the heart of Kannapolis. Walking distance to downtown Kannapolis and all that it offers. Don't miss this opportunity. Detached apartment that has been previously leased for $1200 per month

Details

Property type

Single Family Residence

Est. home value

$516,938

Lot size

Unknown

Price per sq ft

$136

Year built

1932

Price History

10/31/2024
CanopyMLS

CanopyMLS #4184001

Price change
$625,000
-3.85%
09/20/2024
CanopyMLS

CanopyMLS #4184001

Listed
$650,000
+85.71%
05/18/2021
CanopyMLS

CanopyMLS #3709927

Sold
$350,000
+29.63%

Schools & Community

Elementary school: 

Royal Oaks

Middle school: 

Kannapolis

High school: 

A.L. Brown

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

$315,667
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$259,333
Cash to seller
$315,667

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

May 2021

Original loan amount

$280,000

Est. remaining balance

$259,333

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Roberto Perez and Kenia Cuevas

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 6:00 PM

Listing updated: 11/17/2024 at 3:14 PM

Listed by: Kandi Lowe, Berkshire Hathaway HomeServices Carolinas Realty Phone #: (704) 892-1424

MLS: CanopyMLS #4184001

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