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$394,426Estimated home value

Beds
3
Baths
2.5
sq ft
2,764

115 Trails End Lane, New London, NC 28127

115 Trails End Lane

New London, NC 28127

  • Off market
    • Price drop $10,100↓
Rare find in Badin Shores Resort! Modular w/ full basement & 441 SF Garage. Sitting at the edge of the community this property provides privacy while sitting on the water in a cove w/ beautiful views. "Grandfathered" deck w/ gazebo along with a 11x38' SF Screen porch provides lots of outdoor space to entertain, relax & more. 2021 Updated kitchen w/ Quartz counters, custom cabinetry, s/s appliances & island. Updated spa like bathing room provides a large walk-in tiled shower, soaker tub w/ water views & custom vanity. The 1/2 bath conveniently houses a full size stackable w/d. The primary has direct access to the screen porch & water views. The basement provides a kitchenette, 2 bedrooms (no windows) and a spacious rec room. Ideal for second living quarters, guests or entertainers paradise. A covered patio area just outside the basement offers more outdoor living. Fenced area for fur babies and safety from the water! Firepit area & lot of parking. Income potential w/ basement area!

Details

Property type

Single Family Residence

Est. home value

$394,426

Lot size

6,534 sq ft

Price per sq ft

$160

Year built

1992

Annual property taxes

$1,612

Monthly HOA fee

$336.67

Price History

07/15/2024
TriadMLS

TriadMLS #1126867

Removed
$439,900
06/08/2024
TriadMLS

TriadMLS #1126867

Price change
$439,900
-2.24%
02/09/2024
TriadMLS

TriadMLS #1126867

Price change
$450,000
-5.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$175,199
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$229,509
Cash to seller
$175,199

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

December 2020

Original loan amount

$251,100

Est. remaining balance

$229,509

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Michael Joseph Kelly Jr and Jeri Ann P Kelly

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: Off Market

Tomo last checked: 10/05/2024 at 9:35 PM

Listing updated: 06/18/2024 at 10:23 AM

Listed by: Tina Pedersen, 1st Choice Properties Inc Phone #: (980) 272-6300

MLS: TriadMLS #1126867

TriadMLS logo

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