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$997,253Estimated home value

Beds
3
Baths
2.5
sq ft
2,546

4496 Lake Drive, Sherrills Ford, NC 28673

4496 Lake Drive

Sherrills Ford, NC 28673

  • Sold On 9/5/2024
All the best of lake front living come together at this charming, carefully maintained and updated Lake Norman waterfront home. The outdoor living spaces can't be beat: from the new flagstone patio with full outdoor kitchen, terraced play areas, and stone fire pit to the fabulous dock where no expense was spared. Located on a peaceful cove near restaurants, shopping and Mountain Creek Park, this home is fabulous for full-time living on the lake or could easily be used as an Airbnb. Or stay on one floor and rent the other! The main floor has the primary bedroom, great room, screened porch, laundry and attached 2 car garage with oversized driveways for extra parking. The finished basement, with outside access in each room, has 2 bedrooms, a bath, full kitchen, laundry and great room. The boat dock includes 2 boat slips with electric lifts, a floater, two jet ski lifts, deck and walkway. See attached features list for more details. Pontoon boat and home furnishings are negotiable.

Details

Property type

Single Family Residence

Est. home value

$997,253

Lot size

Unknown

Price per sq ft

$387

Year built

2010

Price History

09/04/2024
CanopyMLS

CanopyMLS #4158313

Sold
$985,000
07/26/2024
CanopyMLS

CanopyMLS #4158313

Pending
$985,000
07/25/2024
CanopyMLS

CanopyMLS #4158313

Listed
$985,000

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

$508,865
Asking price
$985,000
Closing costs (~8% of asking)
-$78,800
Est. remaining loan balance
-$397,335
Cash to seller
$508,865

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

June 2020

Original loan amount

$436,000

Est. remaining balance

$397,335

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Curtis R Mitchell and Suzanne Mitchell

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 7:25 PM

Listing updated: 09/05/2024 at 1:07 PM

Listed by: Jill Dickson, TMR Realty, Inc. Phone #: (704) 245-6184

MLS: CanopyMLS #4158313

CanopyMLS logo

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