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$299,000

Beds
3
Baths
2.0
sq ft
1,194

1313 Ridgewood Drive, Concord, NC 28027

1313 Ridgewood Drive

Concord, NC 28027

  • 17 days on market
    • Price drop $6,000↓
Seller may consider buyer concessions if made in an offer. Welcome to your new home with a natural color palette that creates a soothing atmosphere throughout. The primary bedroom features a walk-in closet for all your storage needs, while the primary bathroom offers good under sink storage. Step outside to the fenced backyard with a sitting area, perfect for enjoying the fresh air. This home also boasts fresh interior paint and partial flooring replacement in some areas. Don't miss out on this opportunity to own a piece of tranquility.

Details

Property type

Single Family Residence

Est. home value

$287,324

Lot size

Unknown

Price per sq ft

$251

Year built

1996

Price History

04/03/2025
CanopyMLS

CanopyMLS #4235349

Price change
$299,000
-1.97%
03/18/2025
CanopyMLS

CanopyMLS #4235349

Listed
$305,000
+8.93%
11/02/2022
CanopyMLS

CanopyMLS #3898433

Sold
$280,000

Schools & Community

Elementary school: 

Winecoff

Middle school: 

Northwest Cabarrus

High school: 

Northwest Cabarrus

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

$163,146
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$111,934
Cash to seller
$163,146

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2022

Original loan amount

$120,000

Est. remaining balance

$111,934

Interest rate

6.02%

Loan type

New Conventional, 20 year

Seller

Timothy Petersen and Margaret Petersen

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: 04/05/2025 at 12:15 AM

Listing updated: 04/02/2025 at 10:00 PM

Listed by: Nicole Regal, Opendoor Brokerage LLC Phone #: (480) 462-5392

MLS: CanopyMLS #4235349

CanopyMLS logo

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