tomo logo

$1,279,900

Beds
4
Baths
3.5
sq ft
3,422

16506 Barcica Lane, Cornelius, NC 28031

16506 Barcica Lane

Cornelius, NC 28031

  • 3 days on market
YEAR-ROUND WATER VIEWS/HIGHLY DESIRED COMMUNITY! Stunning home, recently remodeled on 1 of the largest lots. Assigned Boat Slip w/easy access in & out w/lift. Beautiful Gourmet Kitchen-Cafe' Appliances-French Door oven, Gas Stove-6 burners, custom cabinetry, coffee bar, wine fridge, Keurig capable fridge, & gorgeous granite. Ceiling-2-floor Stone & Mendota gas fireplace. Master suite on the main-upfitted with custom closet, oversized tiled walk-in shower w/seamless door, jetted tub & dual vanity. Jack-n-Jill bath dual vanity & tiled shower. Elegant metal staircase balusters leading up to loft area & Mother-in-law suite-sep HVAC unit repl'd 2021. Roof 2010, HVAC Main 2015, & Central vacuum. HOA Yard Maintenance-Irrig Sys-Extensive paver & slate patio/terrace area w/built-in grill/smoker/rotisserie, stone fplace & new Barrel Sauna. Enjoy listening 2 waterfall flowing into pond while relaxing in covered/screened rear porch. 3 car gar w/Hickory Cabs-EV Charger Connector & generator hookup

Details

Property type

Single Family Residence

Est. home value

$1,229,171

Lot size

Unknown

Price per sq ft

$375

Year built

1997

Monthly HOA fee

$346.33

Price History

01/17/2025
CanopyMLS

CanopyMLS #4212889

Listed
$1,279,900
+76.54%
10/18/2019
CanopyMLS

CanopyMLS #3535567

Sold
$725,000
+13.81%
11/30/2015
CanopyMLS

CanopyMLS #3117732

Sold
$637,000

Schools & Community

Elementary school: 

J.V. Washam

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

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

$584,079
Asking price
$1,279,900
Closing costs (~8% of asking)
-$102,392
Est. remaining loan balance
-$593,429
Cash to seller
$584,079

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

Seller’s Loan History

Lender

Cogent Bank

Loan start date

December 2020

Original loan amount

$653,500

Est. remaining balance

$593,429

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Jennifer Lynn Wells and Zachary S Wells

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: 01/21/2025 at 7:25 AM

Listing updated: 01/18/2025 at 5:05 AM

Listed by: Deborah Calderon, Calderon Realty Inc. Phone #: (704) 650-7809

MLS: CanopyMLS #4212889

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