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$249,900

Beds
2
Baths
1.0
sq ft
867

387 North Academy Street, Mooresville, NC 28115

387 North Academy Street

Mooresville, NC 28115

  • 13 days on market
Charming home nestled in the vibrant heart of downtown Mooresville! Set on just under half an acre, this property features an oversized fenced in back yard! Perfect for entertaining guests or for the pups. Enjoy leisurely afternoons on the inviting covered patio, and take advantage of the functional studio workshop. An additional shed in the back offers extra storage space as well. Recent upgrades include fresh paint inside, removal of popcorn ceilings, new plantation shutters, new bathroom vanity, new aluminum fencing, all combined with the original hardwood floors that flow throughout. Just a few blocks from an array of shops, restaurants, breweries, and parks, this home combines southern charm with convenience!

Details

Property type

Single Family Residence

Est. home value

$220,978

Lot size

Unknown

Price per sq ft

$289

Year built

1935

Price History

11/01/2024
CanopyMLS

CanopyMLS #4196243

Listed
$249,900
+19%
05/19/2022
CanopyMLS

CanopyMLS #3848893

Sold
$210,000

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

$38,211
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$191,697
Cash to seller
$38,211

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

Seller’s Loan History

Lender

Vanderbilt Mortgage & Finance Inc

Loan start date

May 2022

Original loan amount

$199,500

Est. remaining balance

$191,697

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Jeremy Alynn Kostoff

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: 11/14/2024 at 8:30 PM

Listing updated: 11/09/2024 at 4:10 PM

Listed by: Justin Boston, Horizon Realty Carolinas Phone #: (704) 243-9228

MLS: CanopyMLS #4196243

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