tomo logo

$724,900

Beds
3
Baths
3.5
sq ft
2,779

1745 Badin Lake Road, New London, NC 28127

1745 Badin Lake Road

New London, NC 28127

  • 18 days on market
    • Price drop $15,000↓
Experience the ultimate in privacy and natural beauty w/ this exceptional 10-acre property, surrounded by breathtaking views, minutes from Badin Lake and a public boat ramp. Explore your own scenic walking trails, which wind around the entire perimeter and throughout the property, taking you through mature hardwood forests. The well-maintained home features a primary suite on the main level, while the 2nd floor offers a loft/bonus room with a full bath and kitchenette, ideal for guest quarters, an office, or a game room. Recent updates include a new roof, new downstairs HVAC, new Frigidaire kitchen appliances, and fresh paint throughout. For those who need space for vehicles, or hobbies, this property is a dream come true. It incl. an oversized 3-car garage w/ full attic storage (40x40), a drive-through workshop with 12ft roll-up doors and a hydraulic car lift, a whole-home generator, covered carport, covered RV parking, and a garden pool shed. LP tank is only for generator and logs.

Details

Property type

Single Family Residence

Est. home value

$648,685

Lot size

10.00 acres

Price per sq ft

$261

Year built

2007

Annual property taxes

$2,147

Price History

02/14/2025
TriadMLS

TriadMLS #1169355

Price change
$724,900
-2.03%
02/05/2025
TriadMLS

TriadMLS #1169355

Listed
$739,900
+23.34%
11/09/2022
CanopyMLS

CanopyMLS #3905938

Sold
$599,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$141,701
Asking price
$724,900
Closing costs (~8% of asking)
-$57,992
Est. remaining loan balance
-$525,207
Cash to seller
$141,701

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

Seller’s Loan History

Lender

Central Trust Bank

Loan start date

November 2022

Original loan amount

$539,910

Est. remaining balance

$525,207

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Marlene Frias and Todd Frias

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: 02/24/2025 at 1:15 AM

Listing updated: 02/21/2025 at 5:11 PM

Listed by: Jamie Purvis, RE/MAX Executive Phone #: (704) 662-0095

MLS: TriadMLS #1169355

TriadMLS logo

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