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$245,000

Beds
4
Baths
3.5
sq ft
2,701

314 North Ridge Avenue, Kannapolis, NC 28083

314 North Ridge Avenue

Kannapolis, NC 28083

  • 213 days on market
    • Price drop $4,999↓
Attention all investors. Located in rapidly growing city of Kannapolis. Minutes to shops, restaurants, the newly renovated Gem Theatre and a host of other attractions. See this great investment opportunity! SALE AS IS.

Details

Property type

Single Family Residence

Est. home value

$383,123

Lot size

Unknown

Price per sq ft

$91

Year built

1930

Price History

01/08/2025
CanopyMLS

CanopyMLS #4154091

Listed
$245,000
11/12/2024
CanopyMLS

CanopyMLS #4154091

Pending
$245,000
11/04/2024
CanopyMLS

CanopyMLS #4154091

Price change
$245,000
-2%

Schools & Community

Elementary school: 

G.W. Carver

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

$78,266
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$147,134
Cash to seller
$78,266

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2016

Original loan amount

$180,500

Est. remaining balance

$147,134

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

John B Feather and Lori J Feather

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: 01/23/2025 at 9:40 AM

Listing updated: 01/21/2025 at 11:59 PM

Listed by: Melinda Mao, Lantern Realty & Development, LLC Phone #: (704) 298-0087

MLS: CanopyMLS #4154091

CanopyMLS logo

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