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$129,900

Beds
2
Baths
1.0
sq ft
760

406 Terrace Drive, Kannapolis, NC 28083

406 Terrace Drive

Kannapolis, NC 28083

  • 44 days on market
Charming 2-bedroom, 1-bathroom home in need of some TLC. This fixer-upper offers great potential for renovation and personalization. Included with the property are all items currently on-site. We are in the process of obtaining additional information, which will be available soon. Don't miss this opportunity to create your dream home!

Details

Property type

Single Family Residence

Est. home value

$135,586

Lot size

Unknown

Price per sq ft

$171

Year built

1951

Price History

08/05/2024
CanopyMLS

CanopyMLS #4167890

Listed
$129,900

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

$100,729
Asking price
$129,900
Closing costs (~8% of asking)
-$10,392
Est. remaining loan balance
-$18,779
Cash to seller
$100,729

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2011

Original loan amount

$26,022

Est. remaining balance

$18,779

Interest rate

4.81%

Loan type

FHA, 30 year

Seller

Donald C Furr

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: 09/18/2024 at 1:00 AM

Listing updated: 08/19/2024 at 3:45 PM

Listed by: Tyler Wilcox, EXP Realty LLC Mooresville Phone #: (888) 584-9431

MLS: CanopyMLS #4167890

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