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$239,900

Beds
1
Baths
1.0
sq ft
816

48 Mandalay Place Southwest, Concord, NC 28027

48 Mandalay Place Southwest

Concord, NC 28027

  • 8 days on market
This 1 bedroom cottage is as cute as a button!! Nice size backyard for entertaining. Bedroom has barndoor that leads into the bathroom. Tiled shower in bathroom, with nice tile floor. LVP throughout the rest of the home. Nice size laundry area. This home is located on a dead end street. Kitchen had nice stainless steel appliances, butcher block counter top and updated cabinets.

Details

Property type

Single Family Residence

Est. home value

$195,452

Lot size

Unknown

Price per sq ft

$294

Year built

1940

Price History

03/26/2025
CanopyMLS

CanopyMLS #4239362

Listed
$239,900
+118.09%
11/22/2019
CanopyMLS

CanopyMLS #3535055

Sold
$110,000
+105.61%
06/17/2019
CanopyMLS

CanopyMLS #3512277

Sold
$53,500

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

$130,868
Asking price
$239,900
Closing costs (~8% of asking)
-$19,192
Est. remaining loan balance
-$89,840
Cash to seller
$130,868

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

November 2019

Original loan amount

$100,732

Est. remaining balance

$89,840

Interest rate

3.65%

Loan type

FHA, 30 year

Seller

Jose Juan Miranda

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: Active

Tomo last checked: 04/03/2025 at 3:35 PM

Listing updated: 03/29/2025 at 10:25 AM

Listed by: Jennifer Buenau, United Real Estate-Queen City Phone #: (704) 628-7653

MLS: CanopyMLS #4239362

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