tomo logo

$645,500

Beds
4
Baths
2.5
sq ft
3,165

618 Circle Trace Road, Monroe, NC 28110

618 Circle Trace Road

Monroe, NC 28110

  • 5 days on market
This a stunning and spacious home! New Roof & HVAC this year! So many updates including the kitchen, bathrooms, flooring, upgrading molding throughout the home and more! The main level features a gorgeous kitchen with high-end finishes, a dining room, breakfast nook, family room, sunroom & versatile flex room currently being used as an office. Upstairs, you'll find four generously sized bedrooms, offering plenty of space for everyone. The third-level bonus room, now set up as a movie room, is ideal for entertaining or a private retreat. The backyard is amazing! Fully fenced yard with an oversized deck, large patio, and firepit. Located in the desirable and established Potters Trace neighborhood, this home is a must-see!

Details

Property type

Single Family Residence

Est. home value

$496,829

Lot size

Unknown

Price per sq ft

$204

Year built

2001

Monthly HOA fee

$73.33

Price History

09/13/2024
CanopyMLS

CanopyMLS #4182560

Removed
$645,500
09/13/2024
CanopyMLS

CanopyMLS #4182560

Listed
$645,500
+126.49%
04/19/2018
CanopyMLS

CanopyMLS #3355249

Sold
$285,000
+16.33%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$393,004
Asking price
$645,500
Closing costs (~8% of asking)
-$51,640
Est. remaining loan balance
-$200,856
Cash to seller
$393,004

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

Seller’s Loan History

Lender

Townebank

Loan start date

April 2018

Original loan amount

$228,000

Est. remaining balance

$200,856

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Walter Alvarado Morales and Veronica Del Carmen Alvarado

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: 09/18/2024 at 12:45 AM

Listing updated: 09/14/2024 at 4:06 PM

Listed by: Enrique Alzate, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: CanopyMLS #4182560

CanopyMLS logo

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