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$975,000

Beds
2
Baths
2.0
sq ft
1,199

5060 Bridge, Denver, NC 28037

5060 Bridge

Denver, NC 28037

  • 180 days on market
    • Price drop $100,000↓
Amazing BIG WATER view of Lake Norman with deep water. Private road and quiet oasis right on the lake. As the home sits today it has a septic system for a 2 bedroom home, but the septic system can be expanded for up to a 4 bedroom system according to the seller and their builder. Great opportunity to own your own Lake Front property. Lots of tear down homes in the immediate neighborhood and area. Approximately 160 foot of waterfront on this property with a Rip Rap / retaining wall. Double Deck Dock with enough room to park several watercraft. Private well in great condition, pump replaced 2 years ago. Please reference MLS#4138603 for proposed new construction and MLS #41035958 for lot listing.

Details

Property type

Single Family Residence

Est. home value

$808,556

Lot size

Unknown

Price per sq ft

$814

Year built

1976

Price History

03/16/2024
CanopyMLS

CanopyMLS #4098132

Price change
$975,000
-9.3%
01/22/2024
CanopyMLS

CanopyMLS #4098132

Listed
$1,075,000
+126.32%
04/03/2018
CanopyMLS

CanopyMLS #3357848

Sold
$475,000

Schools & Community

Elementary school: 

Rock Springs

Middle school: 

North Lincoln

High school: 

North Lincoln

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

$489,383
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$407,617
Cash to seller
$489,383

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

Seller’s Loan History

Lender

First National Bank Of Pennsylvania

Loan start date

June 2020

Original loan amount

$445,000

Est. remaining balance

$407,617

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

D Christopher Duplessis and Ann L Duplessis

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: 07/07/2024 at 7:15 PM

Listing updated: 06/24/2024 at 10:43 AM

Listed by: Michael Sposato, Carolina Realty Advisors Phone #: (704) 442-1774

MLS: CanopyMLS #4098132

CanopyMLS logo

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