tomo logo

$654,000

Beds
5
Baths
5.0
sq ft
4,083

7020 Waterwheel Street Southwest, Concord, NC 28025

7020 Waterwheel Street Southwest

Concord, NC 28025

  • 98 days on market
    • Price drop $20,000↓
If space is what you need, look no further! W/ 4000+sf, & plenty of natural light, this home has it all! Vinyl plank flooring throughout the main living areas. The chef's kitchen featuring ss appliances, granite countertops, large island, & walk-in pantry, overlooks the great room, making it perfect for entertaining. Main level bedroom & attached bath is ideal for guests. Upstairs Primary bedroom w/2 walk-in closets & bathroom ensuite. 3 spacious secondary bedrooms, (1 w/attached bath),loft, laundry, & addt'l. full bath complete the upper level. Finished basement, w/ a full bath & storage areas, can be used for whatever your heart desires... an additional living space, game room, theater..you name it! The backyard has gorgeous views of the trees. Solar panels have been installed. The Mills offers resort style amenities including a clubhouse, in ground pool, fitness room, playground, & walking trails. Elementary & middle school located in the neighborhood. Convenient to major highways.

Details

Property type

Single Family Residence

Est. home value

$578,003

Lot size

Unknown

Price per sq ft

$161

Year built

2020

Monthly HOA fee

$83.33

Price History

09/09/2024
CanopyMLS

CanopyMLS #4172458

Price change
$654,000
-2.97%
08/17/2024
CanopyMLS

CanopyMLS #4172458

Listed
$674,000

Schools & Community

Elementary school: 

Patriots

Middle school: 

C.C. Griffin

High school: 

Hickory Ridge

Community features: 

Clubhouse, Fitness Center, Playground, Sidewalks, Street Lights

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

$269,439
Asking price
$654,000
Closing costs (~8% of asking)
-$52,320
Est. remaining loan balance
-$332,241
Cash to seller
$269,439

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

Seller’s Loan History

Lender

Nvr Mortgage Finance Inc

Loan start date

July 2020

Original loan amount

$398,500

Est. remaining balance

$332,241

Interest rate

3.18%

Loan type

New Conventional, 20 year

Seller

Shiva Sagar Jagini and Sai Vaishnavi Karumuri

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: Active

Tomo last checked: 11/22/2024 at 8:55 PM

Listing updated: 09/24/2024 at 10:17 AM

Listed by: Jackie Kersey, Realty ONE Group Select Phone #: (980) 447-9001

MLS: CanopyMLS #4172458

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