tomo logo

$1,015,000

Beds
5
Baths
5.5
sq ft
4,857

5881 Ballard Street Northwest, Concord, NC 28027

5881 Ballard Street Northwest

Concord, NC 28027

  • 54 days on market
    • Price drop $25,000↓
Elegant full-brick, meticulously maintained home perfectly situated in sought-after Kings Crossing. Beautifully combining formal & casual living, there is a grand circle front driveway & a convenient 3-car side-entry garage. Thoughtfully designed layout with a dedicated office, ideal for remote work or study, formal dining room, formal living & casual great room each with a fireplace, & luxurious primary on the main w/private ensuite. Massive bonus over garage offers space for entertainment or relaxation with 4 spacious beds & 3 baths upstairs. Additional highlights: purposeful mudroom, dual staircases, laundry on each level, a charming back patio, custom closet systems, well-water irrigation, landscaping for a colorful spring, lovely patio for outdoor enjoyment, & abundant storage. Steps from the walking trail for Canon School, this property combines classic elegance with modern functionality, making it the perfect place to call home.

Details

Property type

Single Family Residence

Est. home value

$1,083,824

Lot size

Unknown

Price per sq ft

$209

Year built

1998

HOA fee

$619.5

Price History

10/16/2024
CanopyMLS

CanopyMLS #4182053

Price change
$1,015,000
-2.4%
09/13/2024
CanopyMLS

CanopyMLS #4182053

Listed
$1,040,000
-4.15%
08/01/2024
CanopyMLS

CanopyMLS #4072915

Removed
$1,085,000

Schools & Community

Neighborhood: 

Kings Crossing

Elementary school: 

Carl A. Furr

Middle school: 

Harold E Winkler

High school: 

West Cabarrus

Community features: 

Clubhouse, Playground, Sidewalks, Street Lights, Tennis Court(s)

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

Wells Fargo Home Mortgage Inc

Loan start date

August 2003

Original loan amount

$158,300

Est. remaining balance

$0

Interest rate

4.75%

Loan type

Not Provided, 15 year

Seller

Khalid A Mian and Patricia K Mian

Lender

Norwest Mtg

Loan start date

December 1998

Original loan amount

$240,000

Est. remaining balance

$0

Interest rate

6.48%

Loan type

Not Provided, 16 year

Seller

Khalid A Mian and Patricia K Mian

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
$1,075,000
5 bd
|
4.5 ba
|
4,273 sq ft
|
House

2437 Summers Glen Drive Northwest, Concord, NC 28027

Price drop
CanopyMLS
$899,000
5 bd
|
4 ba
|
4,226 sq ft
|
House

3007 Jameson Drive Northwest, Concord, NC 28027

Price drop
CanopyMLS
$1,150,000
6 bd
|
4.5 ba
|
3,649 sq ft
|
House

2694 Woodcrest Drive Southwest, Concord, NC 28027

Status: Active

Tomo last checked: 11/05/2024 at 2:35 PM

Listing updated: 10/27/2024 at 1:09 PM

Listed by: Jay White, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4182053

CanopyMLS logo