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$315,000

Beds
3
Baths
2.0
sq ft
1,300

2359 Ellerbe Drive, Kannapolis, NC 28083

2359 Ellerbe Drive

Kannapolis, NC 28083

  • 11 days on market
This beautifully updated full-brick home offers 3 bedrooms and 2 baths with a fully fenced back yard. You will love the spacious kitchen that is complete with updated stainless appliances, lots of cabinet space, and beautiful lighting. Off the kitchen is a formal dining room that is perfect for entertaining guests. The cozy brick fireplace in the living room has gas logs and is wonderful for the chilly winter evenings. Huge primary suite opens to back deck and includes a walk-in closet. Outbuilding in back yard conveys and provides extra storage space. Sellers replaced HVAC and water heater in 2023. Amazing location that is convenient to shopping, dining, and major interstates. Kannapolis Eastside Park is coming soon. Expected completion date is September 2025 - May 2026.

Details

Property type

Single Family Residence

Est. home value

$259,150

Lot size

Unknown

Price per sq ft

$243

Year built

1988

Price History

01/11/2025
CanopyMLS

CanopyMLS #4212904

Listed
$315,000
+23.05%
02/16/2023
CanopyMLS

CanopyMLS #3932859

Sold
$256,000

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

$78,640
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$211,160
Cash to seller
$78,640

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

February 2023

Original loan amount

$216,000

Est. remaining balance

$211,160

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Grant Andrew Mcmillan and Avery Joann Mcmillan

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: 01/22/2025 at 10:50 PM

Listing updated: 01/22/2025 at 12:37 AM

Listed by: Jill Galliher, Keller Williams Unified Phone #: (704) 799-3700

MLS: CanopyMLS #4212904

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