tomo logo

$1,100,000

Beds
4
Baths
4.0
sq ft
3,906

271 James Way, Advance, NC 27006

271 James Way

Advance, NC 27006

  • Pending
    • Price drop $25,000↓
Discover the epitome of luxury living in this newly renovated 4-bedroom, 5-bathroom home located within the neighborhood of BRCC. All main level living with a 2nd floor guest suite. Upon entering, the grand foyer opens into a huge great room with vaulted ceilings and an abundance of natural light floods in from the large sunroom. The kitchen features state-of-the-art appliances, custom cabinetry, and a spacious center island perfect for gatherings. The large master suite has separate his-and-her bathrooms, a walk-in closet and a steam room with a double shower and a soaking tub. The large attic offers potential for future expansion or storage needs. Outside, the backyard oasis features a fire pit area and a spacious composite deck, perfect for outdoor entertaining. The three-car garage includes 1 heated and cooled bay, ideal for a home gym or workshop area. Fully waterproofed crawlspace, 2 tankless gas HW heaters. Owner is licensed NC Broker. APPRAISAL IN HAND!

Details

Property type

Single Family Residence

Est. home value

$715,679

Lot size

0.62 acres

Price per sq ft

$282

Year built

1999

Annual property taxes

$6,730

Monthly HOA fee

$62.5

Price History

08/08/2024
TriadMLS

TriadMLS #1148894

Pending
$1,100,000
08/02/2024
TriadMLS

TriadMLS #1148894

Price change
$1,100,000
-2.22%
07/11/2024
TriadMLS

TriadMLS #1148894

Listed
$1,125,000
+58.45%

Schools & Community

Neighborhood: 

Bermuda Run

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$345,250
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$666,750
Cash to seller
$345,250

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

Seller’s Loan History

Lender

Np Inc

Loan start date

July 2023

Original loan amount

$674,500

Est. remaining balance

$666,750

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Tristan Willard

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: Pending/Under Contract

Tomo last checked: 08/26/2024 at 4:30 AM

Listing updated: 08/08/2024 at 9:03 AM

Listed by: Tristan Willard, Southern Luxe Realty Phone #: (336) 995-9898

MLS: TriadMLS #1148894

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Recently listed in Advance