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$495,000

Beds
4
Baths
3.0
sq ft
2,855

48 Spring Street Northwest, Concord, NC 28025

48 Spring Street Northwest

Concord, NC 28025

  • 116 days on market
    • Price drop $30,000↓
Charming, beautiful historic home with stunning curb appeal! Stately home known as the Prewitt house. Grand staircase, beautiful hardwood floors, gas cooktop range, formal living room with fireplace. Some updating, improvement have been made but the home, built in 1940, does need additional TLC. The location is unbeatable! One block off of North Union St across from the Old Courthouse Theatre. Walk to all historical downtown Concord has to offer! New roof, new gutters, new HVAC and downspouts and the chimney was rebuilt. This stunner has tons of potential, seller is willing to make reasonable repairs with acceptable offer.

Details

Property type

Single Family Residence

Est. home value

$427,002

Lot size

Unknown

Price per sq ft

$174

Year built

1940

Price History

10/22/2024
CanopyMLS

CanopyMLS #4162038

Price change
$495,000
-5.71%
08/12/2024
CanopyMLS

CanopyMLS #4162038

Price change
$525,000
-2.78%
07/29/2024
CanopyMLS

CanopyMLS #4162038

Listed
$540,000
+86.21%

Schools & Community

Elementary school: 

Coltrane-webb

Middle school: 

Concord

High school: 

Concord

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rocket Mortgage Llc

Loan start date

October 2021

Original loan amount

$39,199

Est. remaining balance

$36,257

Interest rate

2.87%

Loan type

FHA, 28 year

Seller

Benjamin Laforest

Lender

Quicken Loans Inc

Loan start date

September 2019

Original loan amount

$284,747

Est. remaining balance

$255,457

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Benjamin Laforest

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: 11/22/2024 at 9:10 PM

Listing updated: 11/15/2024 at 3:15 PM

Listed by: Steven Norris, EXP Realty Phone #: (888) 584-9431

MLS: CanopyMLS #4162038

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