tomo logo

$200,000

Beds
1
Baths
2.0
sq ft
1,239

312 Spring Garden Avenue, Kannapolis, NC 28081

312 Spring Garden Avenue

Kannapolis, NC 28081

  • <1 day on market
Take a look at this charming home with tons of potential! This would be great for an investor or someone looking to do a home project. Great location just minutes away from the shops and restaurants of Downtown Kannapolis. This home has 1 bedroom and 2 bathrooms. The kitchen and dining area have great space with a lot of natural light. There is a large garage/workshop in the back yard. The parcel contains .68 acres with a very nice sized back yard for all of your outdoor activities. Don't miss out on this one!

Details

Property type

Single Family Residence

Est. home value

$213,430

Lot size

Unknown

Price per sq ft

$162

Year built

1940

Price History

02/25/2025
CanopyMLS

CanopyMLS #4226427

Listed
$200,000
+37.93%
07/23/2020
CanopyMLS

CanopyMLS #3623421

Sold
$145,000

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

$55,632
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$128,368
Cash to seller
$55,632

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

July 2020

Original loan amount

$142,373

Est. remaining balance

$128,368

Interest rate

3.18%

Loan type

FHA, 30 year

Seller

Julio Salamanca

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: Active

Tomo last checked: 02/26/2025 at 1:05 PM

Listing updated: 02/26/2025 at 5:05 AM

Listed by: Samantha Allen, Century 21 Towne and Country Phone #: (704) 637-7721

MLS: CanopyMLS #4226427

CanopyMLS logo

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