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$545,000

Beds
3
Baths
2.5
sq ft
3,772

502 Cedarwood Drive, Monroe, NC 28112

502 Cedarwood Drive

Monroe, NC 28112

  • 90 days on market
    • Price drop $20,000↓
Super Spacious, beautiful home on 3+ ACRES in Monroe! Welcome to the peaceful side of town where your neighbors are there if you need them, and out of sight when you don't. Functionality, privacy, and location get a 10 out of 10 on this one! Lower level has all that extra living space you are sure to enjoy with the option to use as secondary living quarters - Huge entry/flex space, oversized media/bonus room, second living room/dining area and kitchenette! Upstairs/main level you will find the primary bed/ba with a custom closet and ensuite with garden tub. Brand new roof, HVAC, windows, interior paint, decking, and flooring to keep you worry free! Some additional percs are: detached garage w/ workshop area, plenty of parking + room for recreational vehicles, huge patio space with storage area as well as upper deck. Conveniently located just 14min from downtown. Surrounded by mature, towering trees-this home will truly feel like a private getaway. Come see for yourself!

Details

Property type

Single Family Residence

Est. home value

$458,920

Lot size

Unknown

Price per sq ft

$145

Year built

1980

Price History

09/05/2024
CanopyMLS

CanopyMLS #4153557

Price change
$545,000
-3.54%
06/26/2024
CanopyMLS

CanopyMLS #4153557

Listed
$565,000

Schools & Community

Elementary school: 

Prospect

Middle school: 

Parkwood

High school: 

Parkwood

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

$321,432
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$179,968
Cash to seller
$321,432

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

October 2013

Original loan amount

$230,743

Est. remaining balance

$179,968

Interest rate

4.58%

Loan type

FHA, 30 year

Seller

Tanya S Roberts and Scott A Roberts

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: 09/19/2024 at 12:25 PM

Listing updated: 09/05/2024 at 12:44 PM

Listed by: Heather Miller, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4153557

CanopyMLS logo

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