tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
2,214

116 High Shoals Lane, Statesville, NC 28677

116 High Shoals Lane

Statesville, NC 28677

  • 18 days on market
Welcome to this beautiful, updated ranch on nearly 1 acre, in a quiet lake access community on Lake Norman! Home is nestled in a peaceful cul-de-sac with lots of privacy and serenity. Within walking distance to community dock w/ swimming, boating, fishing, kayak/paddle board access. Perfect blend of relaxation & active lifestyles. Great room w/ cathedral ceiling is open to modern kitchen w/ large island, granite countertops & ss appliances. Flex room is perfect for an office or dining room. Primary en-suite w/ tray ceiling, walk in closet w/ with custom built-ins, master bath w/ large tiled shower. Spacious bonus room w/ plumbing for bar area. Enjoy morning coffee on covered porch while listening to the peaceful sounds of nature. Additional updates: HVAC 2019, LVP flooring, new paint, new lighting. Two miles from boat slip rental and 3 miles from Long Island Boat Launch. Close to shopping and restaurants. Close to I77 and 55 min from Charlotte & Charlotte Douglas International Airport.

Details

Property type

Single Family Residence

Est. home value

$436,013

Lot size

Unknown

Price per sq ft

$249

Year built

2002

Monthly HOA fee

$14.58

Price History

09/27/2024
CanopyMLS

CanopyMLS #4185251

Listed
$550,000
+106.12%
04/11/2019
CanopyMLS

CanopyMLS #3479210

Sold
$266,837

Schools & Community

Elementary school: 

Celeste Henkel

Middle school: 

West Iredell

High school: 

West Iredell

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

$326,635
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$179,365
Cash to seller
$326,635

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

April 2020

Original loan amount

$215,600

Est. remaining balance

$179,365

Interest rate

3.29%

Loan type

New Conventional, 20 year

Seller

Russell Ladell Covington and Mindi W Covington

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: 10/12/2024 at 12:30 AM

Listing updated: 10/01/2024 at 10:16 AM

Listed by: Lisa Lewis, Southern Homes of the Carolinas, Inc Phone #: (704) 896-2000

MLS: CanopyMLS #4185251

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