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$305,326Estimated home value

Beds
3
Baths
2.0
sq ft
1,557

2955 Walter Drive Northwest, Concord, NC 28027

2955 Walter Drive Northwest

Concord, NC 28027

  • Sold On 8/23/2024
    • Price drop $20,000↓
Welcome to this stilt-built, one-of-a-kind home nestled in a private location in Concord. Step onto the expansive wraparound balcony offering stunning views of the surrounding landscape. With three bedrooms and two baths, this residence boasts the potential for two separate living quarters thanks to its multiple entrances, offering flexibility and privacy. Experience a serene retreat with modern amenities and unique architectural charm in this exceptional property.

Details

Property type

Single Family Residence

Est. home value

$305,326

Lot size

Unknown

Price per sq ft

$193

Year built

1998

Price History

08/22/2024
CanopyMLS

CanopyMLS #4121788

Sold
$287,000
-4.33%
07/10/2024
CanopyMLS

CanopyMLS #4121788

Pending
$300,000
06/05/2024
CanopyMLS

CanopyMLS #4121788

Price change
$300,000
-6.25%

Schools & Community

Elementary school: 

Charles E. Boger

Middle school: 

Northwest Cabarrus

High school: 

Cabarrus

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

$158,177
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$117,823
Cash to seller
$158,177

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

Seller’s Loan History

Lender

Summit Funding Inc

Loan start date

October 2020

Original loan amount

$129,000

Est. remaining balance

$117,823

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Anna J Potts

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 10:05 PM

Listing updated: 08/23/2024 at 8:57 PM

Listed by: Britney Biles, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4121788

CanopyMLS logo