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$457,707Estimated home value

Beds
4
Baths
2.0
sq ft
1,977

7 Summer Meadow Road, Arden, NC 28704

7 Summer Meadow Road

Arden, NC 28704

  • Sold On 8/8/2024
    • Price drop $8,000↓
BEAUTIFULLY UPDATED HOME in Hadley Park. Rarely do homes become available in this desirable neighborhood! Featuring a bright entry that leads to the formal dining area and family room with classic white fireplace surround. Inviting kitchen with new quartz counters, sink and appliances. Breakfast area looks out onto the level and fenced back yard. Primary suite boasts tray ceilings and ensuite bath with separate vanities and two walk in closets, shower with easy access and grab bars. Soaking tub for relaxing. Two additional bedrooms on main level with guest bath closeby. Generous fourth bedroom or bonus room upstairs. All new paint in soothing, inviting colors. New flooring throughout. New roof in 2021 along with landscaping and patio. This amazing home is move in ready and located on a cul-de-sac street.

Details

Property type

Single Family Residence

Est. home value

$457,707

Lot size

Unknown

Price per sq ft

$267

Year built

2005

Monthly HOA fee

$85

Price History

08/06/2024
CanopyMLS

CanopyMLS #4147208

Sold
$500,000
-5.11%
07/15/2024
CanopyMLS

CanopyMLS #4147208

Pending
$526,900
06/25/2024
CanopyMLS

CanopyMLS #4147208

Price change
$526,900
-1.5%

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

$250,761
Asking price
$526,900
Closing costs (~8% of asking)
-$42,152
Est. remaining loan balance
-$233,987
Cash to seller
$250,761

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 Community Bank

Loan start date

November 2020

Original loan amount

$256,000

Est. remaining balance

$233,987

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Allan Dale Mcelwee and Peggy D Mcelwee

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: Off Market

Tomo last checked: 10/04/2024 at 10:40 PM

Listing updated: 08/08/2024 at 3:57 PM

Listed by: Cindy Greer, Keller Williams Realty Mountain Partners Phone #: (828) 290-1000

MLS: CanopyMLS #4147208

CanopyMLS logo

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