tomo logo

$585,000

Beds
5
Baths
3.5
sq ft
2,885

18412 Torrence Chapel Estates Circle, Cornelius, NC 28031

18412 Torrence Chapel Estates Circle

Cornelius, NC 28031

  • 16 days on market
This charming home offers a well-designed first floor with plenty of living space and natural light. Upon entering, you're greeted by a formal dining room, perfect for gatherings, and a versatile office/flex space ideal for working from home. The kitchen, featuring stainless steel appliances, flows seamlessly into the breakfast nook, onto a cozy sunroom, and a spacious living room with a fireplace. The primary suite on the main level includes an ensuite bath for your convenience. Also on the first floor are a laundry room and a half bath. Upstairs, you’ll find four additional bedrooms and two full bathrooms, providing ample space for family or guests. Step outside to relax on the welcoming front porch or unwind on the back deck overlooking the fenced backyard—perfect for outdoor activities. Located in a prime area, this home is close to everything Cornelius and Lake Norman have to offer, making it a perfect blend of comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$594,783

Lot size

Unknown

Price per sq ft

$203

Year built

2004

Price History

08/31/2024
CanopyMLS

CanopyMLS #4178839

Listed
$585,000
+138.78%
04/16/2014
CanopyMLS

CanopyMLS #2213169

Sold
$245,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

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

$419,535
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$118,665
Cash to seller
$419,535

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2009

Original loan amount

$176,000

Est. remaining balance

$118,665

Interest rate

5.25%

Loan type

Not Provided, 30 year

Seller

Julia M Standley

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: 09/16/2024 at 4:25 PM

Listing updated: 09/04/2024 at 7:43 AM

Listed by: Kara Coll, Allen Tate Ballantyne Phone #: (704) 541-6200

MLS: CanopyMLS #4178839

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Recently listed in Cornelius