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$242,886Estimated home value

Beds
2
Baths
2.0
sq ft
1,120

154 Cannon Avenue Northwest, Concord, NC 28025

154 Cannon Avenue Northwest

Concord, NC 28025

  • Sold On 9/10/2024
    • Price drop $15,000↓
Great option for a starter home, a downsized home, or an investment purchase! NEW HVAC May 31, 2024! VINYL PLANK and bedroom CARPET professionally installed 2023. Interior professionally PAINTED in 2023. Downtown Concord, yet on a QUIET street. LARGE, privacy-FENCED backyard. Detached CARPORT with three SIDES to protect your vehicle and other items from the weather. NO HOA! Easy access to restaurants, I-85 and Hwy 29. TERMITE BOND in place and transferrable! Parts of fence are broken and will not be fixed prior to closing. Seller's preference is to close July 8 but is negotiable. Preferred lender Mark Scarrow, Movement Mortgage NMLS178678 offers up to $2,000 buyer closing costs.

Details

Property type

Single Family Residence

Est. home value

$242,886

Lot size

Unknown

Price per sq ft

$201

Year built

1920

Price History

09/06/2024
CanopyMLS

CanopyMLS #4142232

Sold
$225,000
07/16/2024
CanopyMLS

CanopyMLS #4142232

Pending
$225,000
07/04/2024
CanopyMLS

CanopyMLS #4142232

Price change
$225,000
-6.25%

Schools & Community

Elementary school: 

W.M. Irvin

Middle school: 

Concord

High school: 

Unspecified

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

$45,637
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$161,363
Cash to seller
$45,637

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2021

Original loan amount

$171,830

Est. remaining balance

$161,363

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Shleby Elizabeth Cuthbertson

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: Off Market

Tomo last checked: 10/05/2024 at 10:15 PM

Listing updated: 09/11/2024 at 2:56 AM

Listed by: Tina Anderson, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4142232

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