tomo logo

$535,000

Beds
2
Baths
2.0
sq ft
1,102

1112 Torrence Circle, Davidson, NC 28036

1112 Torrence Circle

Davidson, NC 28036

  • 21 days on market

Details

Property type

Condominium

Est. home value

$447,118

Lot size

Unknown

Price per sq ft

$486

Year built

1995

Price History

12/04/2024
CanopyMLS

CanopyMLS #4204040

Listed
$535,000
+88.38%
09/30/2020
CanopyMLS

CanopyMLS #3637861

Sold
$284,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Sidewalks, Tennis Court(s)

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

$336,940
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$155,260
Cash to seller
$336,940

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

Seller’s Loan History

Lender

Allen Tate Mortgage Services Inc

Loan start date

July 2016

Original loan amount

$190,000

Est. remaining balance

$155,260

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Gerald V Corless

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: 12/23/2024 at 1:15 PM

Listing updated: 12/07/2024 at 12:10 PM

Listed by: Naomi Abel, Naomi Abel Realty, LLC Phone #: (704) 641-7133

MLS: CanopyMLS #4204040

CanopyMLS logo

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