tomo logo

$418,000

Beds
3
Baths
2.5
sq ft
1,429

18225 Taffrail Way, Cornelius, NC 28031

18225 Taffrail Way

Cornelius, NC 28031

  • 103 days on market
    • Price drop $22,000↓
Motivated seller. Relocating. Beautiful end unit townhome located in desirable waterfront community. Newly renovated 2 story 3-bedroom 2.5 bath home. The large primary bedroom with en suite bathroom is located on the first floor. Upstairs boasts two additional bedrooms with a shared Jack and Jill bathroom. Fenced in backyard for those wonderful lake evenings or enjoy the covered front porch. A quick walk will land you on the banks of beautiful Lake Norman. Ideal Cornelius location where you can walk to Port City Club and minutes to Birkdale Village and I-77. This home is a must see.

Details

Property type

Condominium

Est. home value

$395,391

Lot size

Unknown

Price per sq ft

$293

Year built

1999

Monthly HOA fee

$313.82

Price History

12/05/2024
CanopyMLS

CanopyMLS #4181735

Price change
$418,000
-7.11%
10/14/2024
CanopyMLS

CanopyMLS #4181735

Price change
$450,000
-2.17%
09/30/2024
CanopyMLS

CanopyMLS #4181735

Price change
$460,000
-3.16%

Schools & Community

Elementary school: 

J.V. Washam

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Street Lights

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

$51,666
Asking price
$418,000
Closing costs (~8% of asking)
-$33,440
Est. remaining loan balance
-$332,894
Cash to seller
$51,666

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

Seller’s Loan History

Lender

Rapid Mortgage Company

Loan start date

August 2022

Original loan amount

$343,660

Est. remaining balance

$332,894

Interest rate

5.51%

Loan type

FHA, 30 year

Seller

Donna H Graziadei

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: 12/23/2024 at 2:20 PM

Listing updated: 12/05/2024 at 1:00 PM

Listed by: Robin Hurd, Carolina Realty Solutions Phone #: (704) 343-0931

MLS: CanopyMLS #4181735

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