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$275,000

Beds
3
Baths
2.0
sq ft
1,230

314 Echo Avenue, Kannapolis, NC 28081

314 Echo Avenue

Kannapolis, NC 28081

  • 39 days on market
    • Price drop $10,000↓
Charming Westbrook subdivision home conveniently located just minutes from downtown Kannapolis and Village Park, this home was completely renovated in 2022 with new LVP flooring throughout and a crawlspace vapor barrier. The spacious .55-acre backyard extends to a treeline, offering plenty of room for outdoor enjoyment and entertaining.

Details

Property type

Single Family Residence

Est. home value

$256,268

Lot size

Unknown

Price per sq ft

$224

Year built

2006

Price History

12/13/2024
CanopyMLS

CanopyMLS #4197797

Price change
$275,000
-3.51%
11/16/2024
CanopyMLS

CanopyMLS #4197797

Listed
$285,000
-0.87%
05/06/2024
CanopyMLS

CanopyMLS #4103682

Removed
$287,500

Schools & Community

Elementary school: 

Fred Wilson

Middle school: 

Kannapolis

High school: 

A.L. Brown

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

-$8,586
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$261,586
Cash to seller
-$8,586

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 Pacific Mortgage Corp

Loan start date

July 2022

Original loan amount

$271,095

Est. remaining balance

$261,586

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Danijah Coleman and Mackenzie Leach

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: 12/23/2024 at 1:20 AM

Listing updated: 12/13/2024 at 3:59 PM

Listed by: Josh Kelly, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4197797

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