tomo logo

$1,100,000

Beds
6
Baths
5.5
sq ft
3,667

531 Coman Lane, Kings Mountain, NC 28086

531 Coman Lane

Kings Mountain, NC 28086

  • 94 days on market
    • Price drop $25,000↓
This Executive custom home exudes luxury at every turn. A grand dble-door entrance welcomes you into the foyer adorned w/ oak hw floors & wide moldings. W/ 5 bedrooms & 5 baths, including a private second living quarters above the detached garage, the home offers unparalleled flexibility & privacy. Great for entertaining in the great room featuring a stone fireplace, built-ins, & coffered ceilings. The gourmet kitchen boasts a lg island w/ sleek steel gray granite countertops, gas cooktop w/ pot filler, & top-of-the-line stainless steel appliances. Upstairs, an oversized bonus room & media room, perfect for movie nights or leisurely gatherings. Screened porch w/ wood-burning fireplace. Outside, the landscaped grounds feature an inground pool, a jacuzzi, & an outdoor kitchen. 2 & 3 Car heated & cooled garages. Central vacuum. This extraordinary residence has impeccable craftsmanship w/ modern amenities, offering a lifestyle for those who appreciate the finest in home design & comfort.

Details

Property type

Single Family Residence

Est. home value

$947,251

Lot size

Unknown

Price per sq ft

$300

Year built

2020

Price History

08/27/2024
CanopyMLS

CanopyMLS #4157861

Price change
$1,100,000
-2.22%
08/17/2024
CanopyMLS

CanopyMLS #4157861

Price change
$1,125,000
-2.17%
08/01/2024
CanopyMLS

CanopyMLS #4157861

Price change
$1,150,000
-2.13%

Schools & Community

Elementary school: 

North

Middle school: 

Kings Mountain

High school: 

Kings Mountain

Community features: 

Clubhouse, Golf

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

$289,628
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$722,372
Cash to seller
$289,628

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$750,665

Est. remaining balance

$722,372

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Dennis Peck and Allison Peck

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?

Similar Homes Nearby

CanopyMLS
$1,065,000
4 bd
|
3.5 ba
|
4,202 sq ft
|
House

534 Coman Lane, Kings Mountain, NC 28086

Price drop
CanopyMLS
$950,000
4 bd
|
3 ba
|
2,577 sq ft
|
House

167 Patterson Road, Kings Mountain, NC 28086

Status: Active

Tomo last checked: 10/05/2024 at 9:15 PM

Listing updated: 08/27/2024 at 3:15 PM

Listed by: Denise Wright, Coldwell Banker Mountain View Phone #: (704) 730-1411

MLS: CanopyMLS #4157861

CanopyMLS logo