tomo logo

$525,000

Beds
3
Baths
3.0
sq ft
3,245

3148 Barr Road, Concord, NC 28027

3148 Barr Road

Concord, NC 28027

  • 40 days on market
    • Price drop $20,000↓
This spacious home offers the perfect blend of convenience and privacy, situated on a large 1.41-acre lot while being just minutes from shopping, entertainment, and easy interstate access. The main level features a comfortable and functional layout with the primary bedroom and two secondary bedrooms, ensuring ease of living without stairs. Upstairs, you'll find two additional rooms, perfect for guests or a home office, along with a generously sized bonus room and a full bathroom. This home provides ample space for privacy and function.

Details

Property type

Single Family Residence

Est. home value

$501,510

Lot size

Unknown

Price per sq ft

$162

Year built

2006

Price History

10/21/2024
CanopyMLS

CanopyMLS #4186283

Price change
$525,000
-3.67%
09/25/2024
CanopyMLS

CanopyMLS #4186283

Price change
$545,000
+10899900%
09/25/2024
CanopyMLS

CanopyMLS #4186283

Listed
$5
-100%

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

$112,636
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$370,364
Cash to seller
$112,636

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 Security Mortgage Corp

Loan start date

August 2023

Original loan amount

$375,000

Est. remaining balance

$370,364

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Randall Hoffman and Susan Hoffman

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: 11/05/2024 at 8:50 AM

Listing updated: 10/21/2024 at 10:04 AM

Listed by: Jenifer Meeks, J Meeks + Co Phone #: (704) 918-8873

MLS: CanopyMLS #4186283

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