tomo logo

$1,250,000

Beds
5
Baths
4.5
sq ft
4,614

1315 Churchill Downs Drive, Waxhaw, NC 28173

1315 Churchill Downs Drive

Waxhaw, NC 28173

  • 44 days on market
    • Price drop $50,000↓
Gorgeous 3-Story home in Providence Downs. There is Board & Batten in the dining room & Shiplap in the 2-story great room & half bath. Lovely birch hardwoods in foyer, office, dining, stairs & upstairs hallway. The kitchen features white cabinets, a large island, SS appliances & granite counters. The owner’s suite is on main with a tray ceiling, new ceiling fan, freshly painted bathroom with garden tub, large shower and walk-in closet. There are 2 staircases leading to the 2nd floor which hosts a bonus room & 3 nice size bedrooms; 2 are connected with a Jack n Jill bath & one has a private bath. The 3rd floor has another bed/bonus room, a full bath & a sitting area/game room & ample storage with a brand-new Mitsubishi mini-split. Full interior painted in 2021, 3rd floor & 2 bedrooms painted in '24 along with the exterior front trim. The garage doors & motors were replaced in 2021, 2nd floor AC in ’21, water heater ’17, pressure washed & landscaped in ’24. Resort style amenities.

Details

Property type

Single Family Residence

Est. home value

$1,293,692

Lot size

Unknown

Price per sq ft

$271

Year built

2000

HOA fee

$1,047

Price History

06/15/2024
CanopyMLS

CanopyMLS #4141636

Price change
$1,250,000
-3.85%
06/06/2024
CanopyMLS

CanopyMLS #4141636

Pending
$1,300,000
05/24/2024
CanopyMLS

CanopyMLS #4141636

Listed
$1,300,000

Schools & Community

Elementary school: 

Marvin

Middle school: 

Marvin Ridge

High school: 

Marvin Ridge

Community features: 

Clubhouse, Fitness Center, Gated, Playground, Sidewalks, Street Lights, Tennis Court(s)

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

$643,769
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$506,231
Cash to seller
$643,769

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

Seller’s Loan History

Lender

First Mortgage Company Llc

Loan start date

October 2016

Original loan amount

$607,500

Est. remaining balance

$506,231

Interest rate

3.46%

Loan type

New Conventional, 30 year

Seller

Edward Porterfield and Melissa B Porterfield

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: 07/02/2024 at 7:05 PM

Listing updated: 06/22/2024 at 8:07 PM

Listed by: Joy Groya, Coldwell Banker Realty Phone #: (704) 541-5111

MLS: CanopyMLS #4141636

CanopyMLS logo

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