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$665,000

Beds
4
Baths
2.5
sq ft
1,928

118 Shorecrest Drive, Davidson, NC 28036

118 Shorecrest Drive

Davidson, NC 28036

  • 4 days on market
    • Open house Jan 05
Fully remodeled and move in ready! This amazing 4 bed, 2.5 bath home located just off of Lake Davidson, is a rare find. Featuring all engineered hardwoods in the home, this home has been meticulously maintained and lovingly remodeled to have a sleek and modern feel. Inspired by a minimalist feel, the sellers kitchen remodel included new cabinets, quartz countertops and appliances with deep pull out drawers for extra storage. Upstairs, both the primary and secondary hall bath have been remodeled with tile floors, standing soaking tub with separate shower and new cabinetry in the primary, and cabinetry and glass shower enclosure in the secondary. Relax in your fenced yard, or take advantage of the sought after lake access on Lake Davidson. Neighborhood boat docks within short distance of the home, so grab your paddle and paddleboard or boat to your hearts desire. Note- Deep water boat docks are on a first come first serve basis and HOA is in charge of availability.

Details

Property type

Single Family Residence

Est. home value

$589,422

Lot size

Unknown

Price per sq ft

$345

Year built

1998

HOA fee

$350

Price History

01/03/2025
CanopyMLS

CanopyMLS #4209714

Listed
$665,000
+19.41%
04/19/2023
CanopyMLS

CanopyMLS #4012960

Sold
$556,900
+105.5%
09/04/2015
CanopyMLS

CanopyMLS #3104765

Sold
$271,000

Schools & Community

Elementary school: 

Davidson K-8

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Street Lights

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

$174,529
Asking price
$665,000
Closing costs (~8% of asking)
-$53,200
Est. remaining loan balance
-$437,271
Cash to seller
$174,529

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

April 2023

Original loan amount

$445,520

Est. remaining balance

$437,271

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Jae Joon Chung and Soo Min Ko

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: Active

Tomo last checked: 01/05/2025 at 4:25 AM

Listing updated: 01/04/2025 at 4:10 PM

Listed by: Melissa Zimmerman, Berkshire Hathaway HomeServices Carolinas Realty Phone #: (704) 364-1580

MLS: CanopyMLS #4209714

CanopyMLS logo

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