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$849,900

Beds
4
Baths
3.0
sq ft
3,538

1320 Torrens Drive, Monroe, NC 28110

1320 Torrens Drive

Wesley Chapel, NC 28110

  • 16 days on market
    • Open house Feb 23
Stunning Bonterra Home in Coveted Adelaide Estates! Award Winning Weddington Schools! Designed for modern living, this home offers an incredible floor plan filled with elegant features and thoughtful upgrades. From the charming rocking chair front porch, step into a welcoming foyer which flows seamlessly into the open-concept living area, perfect for relaxation and entertaining. Gourmet kitchen features a spacious island with high-end stainless steel appliances and opens to a cozy breakfast area that leads to a relaxing covered back deck, ideal for outdoor dining or unwinding. Three large bedrooms on the main level, including a luxurious primary suite with a spa-like ensuite bathroom and oversized walk-in closet. The secondary bedrooms also offer walk-in closet space. Upstairs has a massive bedroom with ensuite bath, perfect for guests or private retreat. Dedicated movie room equipped with theater-style seating, the ultimate space for movie nights or game days. 3-car garage.

Details

Property type

Single Family Residence

Est. home value

$761,366

Lot size

Unknown

Price per sq ft

$241

Year built

2017

Monthly HOA fee

$58.33

Price History

02/06/2025
CanopyMLS

CanopyMLS #4220427

Listed
$849,900
-8.12%
10/16/2024
CanopyMLS

CanopyMLS #4180143

Removed
$925,000
09/11/2024
CanopyMLS

CanopyMLS #4180143

Listed
$925,000
+27.24%

Schools & Community

Elementary school: 

Wesley Chapel

Middle school: 

Weddington

High school: 

Weddington

Community features: 

Sidewalks

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

$323,443
Asking price
$849,900
Closing costs (~8% of asking)
-$67,992
Est. remaining loan balance
-$458,465
Cash to seller
$323,443

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

Seller’s Loan History

Lender

Radius Financial Group Inc

Loan start date

October 2022

Original loan amount

$475,000

Est. remaining balance

$458,465

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Andre G Ghanem and Patricia A Moroney Ghanem

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: 02/23/2025 at 2:10 PM

Listing updated: 02/20/2025 at 2:24 PM

Listed by: Zann Hawkins, Coldwell Banker Realty Phone #: (704) 541-5111

MLS: CanopyMLS #4220427

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