tomo logo

$695,000

Beds
5
Baths
4.5
sq ft
3,355

2603 Shoal Park Road, Concord, NC 28027

2603 Shoal Park Road

Concord, NC 28027

  • 200 days on market
    • Price drop $20,000↓
Well cared for move-in ready home in highly sought Wellington Chase. Ten minutes to shopping & dining plus quick access to I-85. The large foyer is flanked w spacious office setting & formal dining room. The open floor plan living room w gas logs, expansive kitchen w gas stovetop & stainless hood, island seating & breakfast nook overlooking the backyard has privacy on the rear side. The gourmet kitchen is complete with stainless appliances, gorgeous countertops, large walk-in pantry plus a butler's pantry leading to formal dining room. The guest suite on main floor has a full bath and is tucked away for privacy. Upstairs, you'll find the primary bedroom ensuite with gorgeous tiled shower, two separate vanities, water closet, soaking tub & expansive closet filled w built-ins for organization. A 3rd bedroom suite has its own full bath upstairs & the hall bath w dual sinks serves bedrooms four & five. Lawn irrigation & all the other extras will WOW you!

Details

Property type

Single Family Residence

Est. home value

$617,452

Lot size

Unknown

Price per sq ft

$208

Year built

2016

HOA fee

$310

Price History

10/01/2024
CanopyMLS

CanopyMLS #4136040

Price change
$695,000
-2.8%
07/21/2024
CanopyMLS

CanopyMLS #4136040

Listed
$715,000
07/08/2024
CanopyMLS

CanopyMLS #4136040

Pending
$715,000

Schools & Community

Elementary school: 

W.R. Odell

Middle school: 

Harris Road

High school: 

Northwest Cabarrus

Community features: 

Clubhouse, Playground, 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

$366,659
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$272,741
Cash to seller
$366,659

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

Seller’s Loan History

Lender

American Security Mortgage

Loan start date

August 2020

Original loan amount

$300,000

Est. remaining balance

$272,741

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Brenda Kay Mcguinn Young

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: 11/23/2024 at 12:50 AM

Listing updated: 10/28/2024 at 9:14 PM

Listed by: Bonnie McDonald, Bonnie S. McDonald Real Estate Phone #: (980) 621-0086

MLS: CanopyMLS #4136040

CanopyMLS logo

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