tomo logo

$1,150,000

Beds
3
Baths
3.0
sq ft
2,053

18015 Kings Point Drive Unit B, Cornelius, NC 28031

18015 Kings Point Drive Unit B

Cornelius, NC 28031

  • 48 days on market
    • Price drop $45,000↓
Welcome to your dream waterfront end unit condo with breathtaking views of Lake Norman! The largest unit in Baybridge, features two spacious decks where you can unwind and enjoy the beautiful sunsets over the lake. Step inside to find an updated interior with new flooring, crown molding, and fresh paint throughout. The community amenities are second to none, including a pool, tennis, pickleball, & volleyball courts, ensuring there's always something fun to do. Additional perks include a licensed carport that will transfer to the new owner and a current leased boat slip that is transferable to the buyer. Don't miss this opportunity to own a piece of paradise on Lake Norman!

Details

Property type

Condominium

Est. home value

$944,558

Lot size

Unknown

Price per sq ft

$561

Year built

1992

Monthly HOA fee

$587.39

Price History

08/22/2024
CanopyMLS

CanopyMLS #4166563

Price change
$1,150,000
-3.77%
08/02/2024
CanopyMLS

CanopyMLS #4166563

Listed
$1,195,000
+23.83%
09/05/2023
CanopyMLS

CanopyMLS #4054896

Sold
$965,000

Schools & Community

Elementary school: 

J.V. Washam

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Clubhouse, 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

$917,087
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$140,913
Cash to seller
$917,087

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2012

Original loan amount

$196,600

Est. remaining balance

$140,913

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Robert L Binkley and Kathryn O Binkley

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: 09/19/2024 at 7:10 PM

Listing updated: 08/22/2024 at 10:15 AM

Listed by: Matt Cox, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4166563

CanopyMLS logo

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