tomo logo

$989,800

Beds
5
Baths
3.5
sq ft
4,444

18838 Bailey Springs Drive, Davidson, NC 28036

18838 Bailey Springs Drive

Davidson, NC 28036

  • 82 days on market
    • Price drop $5,000↓
Location and designer finishes distinguish this custom-built, 5 bedroom home in charming Davidson. From the minute guests arrive, they are welcomed with 10' ceilings, archways and interior updates throughout. Updates include, a freshly painted interior, current designer lighting, all new gourmet kitchen, and large/flexible spaces throughout. Guests can pull up a seat in the front entertainment room or make this their office. Flexibility and expansive spaces are key in this home. The primary bedroom is privately located on the main level with a neighboring laundry. Secondary bedrooms are vast with vibrant light and large closets. While space abounds inside the home, the outdoor living is equally matched, with a screened in porch, a large fenced in backyard and firepit to enjoy all seasons. Last and certainly not least, close proximity to Hough High and Bailey Middle, or the neighboring greenways to town. Buyer Contingency fell through and home is back on market!!

Details

Property type

Single Family Residence

Est. home value

$826,574

Lot size

Unknown

Price per sq ft

$223

Year built

2007

Monthly HOA fee

$80

Price History

11/18/2024
CanopyMLS

CanopyMLS #4179166

Listed
$989,800
10/18/2024
CanopyMLS

CanopyMLS #4179166

Pending
$989,800
09/30/2024
CanopyMLS

CanopyMLS #4179166

Price change
$989,800
-0.5%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Clubhouse, Playground, Sidewalks, 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

$147,879
Asking price
$989,800
Closing costs (~8% of asking)
-$79,184
Est. remaining loan balance
-$762,737
Cash to seller
$147,879

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

Seller’s Loan History

Lender

Carolinas Telco Fcu

Loan start date

July 2023

Original loan amount

$774,250

Est. remaining balance

$762,737

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Edmund Trapuzzano Iii and Lauren Trapuzzano

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?

Similar Homes Nearby

CanopyMLS
$1,030,000
5 bd
|
4 ba
|
3,215 sq ft
|
House

19405 Coachmans Trce, Cornelius, NC 28031

Price drop
CanopyMLS
$842,490
5 bd
|
3.5 ba
|
3,771 sq ft
|
House

11334 James Coy Road, Huntersville, NC 28078

CanopyMLS
$949,000
5 bd
|
2.5 ba
|
3,456 sq ft
|
House

10101 Bayart Way, Huntersville, NC 28078

Status: Active

Tomo last checked: 11/22/2024 at 11:50 PM

Listing updated: 11/18/2024 at 3:55 PM

Listed by: Courtney Williams, Wilson Realty Phone #: (888) 341-5296

MLS: CanopyMLS #4179166

CanopyMLS logo

Recently listed in Davidson

$1,374,000|5 bd|2.5 ba|House
$508,324|3 bd|3.0 ba|Townhouse
$300,000|2 bd|1.0 ba|House
$509,990|3 bd|3.0 ba|Townhouse
$1,499,000|4 bd|4.5 ba|House