tomo logo

$2,250,000

Beds
3
Baths
3.5
sq ft
3,234

518 Stonemarker Road, Mooresville, NC 28117

518 Stonemarker Road

Mooresville, NC 28117

  • Pending
    • Open house Oct 06
*OPEN HOUSE CANCELLED*NEWLY Constructed Waterfront Cottage offers Charm and Privacy! Experience the best of lakefront living in this completely renovated waterfront ranch with finished walk out lower level on the highly sought after Brawley School Road Peninsula. This prime Lake Norman location offers stunning views and features not one, but two private docks, which only 1% of all LKN homes obtain, and deep water at dock (28ft). Enjoy main level living flooded with natural light, a designer kitchen with large island and marble counter tops, spacious owners suite with spa bath and veranda. The impressive lake level offers a second living room, flex space which can be used as a bunk room or additional space for guests, and full bath. Beautifully designed patios and walkways with landscape lighting lead you to the fire-pit to enjoy lake life! Plenty of room to add a carriage house or garage. Don't miss this opportunity to own a fresh, new slice of paradise. Enjoy privacy w/no HOA.

Details

Property type

Single Family Residence

Est. home value

$1,739,560

Lot size

Unknown

Price per sq ft

$696

Year built

2020

Price History

10/04/2024
CanopyMLS

CanopyMLS #4177404

Pending
$2,250,000
09/20/2024
CanopyMLS

CanopyMLS #4177404

Listed
$2,250,000
+268.85%
11/25/2019
CanopyMLS

CanopyMLS #3559771

Sold
$610,000

Schools & Community

Elementary school: 

Woodland Heights

Middle school: 

Woodland Heights

High school: 

Lake Norman

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

$1,632,984
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$437,016
Cash to seller
$1,632,984

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

$484,000

Est. remaining balance

$437,016

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

William G Allen and Nicole Cook Allen

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: Pending/Under Contract

Tomo last checked: 10/06/2024 at 1:30 PM

Listing updated: 10/04/2024 at 1:01 PM

Listed by: Lisa Muesing, Premier Sotheby's International Realty Phone #: (704) 727-4170

MLS: CanopyMLS #4177404

CanopyMLS logo

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