tomo logo

$270,000

Beds
3
Baths
2.0
sq ft
1,092

125 Lake Shore Drive, Norwood, NC 28128

125 Lake Shore Drive

Norwood, NC 28128

  • 79 days on market
Modern retreat just a half mile from Lake Tillerys Norwood Access Area! This recently remodeled, energy-efficient home features a contemporary open floor plan and elegant LVP flooring throughout, complemented by stylish tile in the bathrooms. The kitchen is a chef’s delight, equipped with sleek stainless steel appliances, new white cabinets and stone countertops. The primary bedroom includes a private ensuite bathroom, while two additional bedrooms offer generous closet space. Both bathrooms are beautifully finished with tiled shower surrounds. The versatile hall closet is perfect for use as a pantry, and the dedicated laundry room provides extra storage space. Enjoy relaxing or entertaining on your covered front porch or expansive covered back deck. The large, partially fenced yard offers plenty of space for outdoor activities. Shared well on property but home is on city water and sewer. Like new construction, buyers will not want to miss this low maintenance living!

Details

Property type

Single Family Residence

Est. home value

$227,292

Lot size

Unknown

Price per sq ft

$248

Year built

1976

Price History

10/01/2024
CanopyMLS

CanopyMLS #4171512

Listed
$270,000
09/18/2024
CanopyMLS

CanopyMLS #4171512

Pending
$270,000
08/16/2024
CanopyMLS

CanopyMLS #4171512

Listed
$270,000

Schools & Community

Elementary school: 

Norwood

Middle school: 

South Stanly

High school: 

South Stanly

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

$9,246
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$239,154
Cash to seller
$9,246

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2023

Original loan amount

$242,526

Est. remaining balance

$239,154

Interest rate

6.57%

Loan type

FHA, 30 year

Seller

Gerald A Knight Sr

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: 11/03/2024 at 7:40 AM

Listing updated: 10/08/2024 at 4:06 PM

Listed by: Don Gomez, C-A-RE Realty Phone #: (704) 565-0689

MLS: CanopyMLS #4171512

CanopyMLS logo

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