tomo logo

$217,500

Beds
2
Baths
1.0
sq ft
1,274

707 Oakshade Avenue, Kannapolis, NC 28083

707 Oakshade Avenue

Kannapolis, NC 28083

  • 22 days on market
    • Price drop $7,500↓
Nestled in a peaceful neighborhood, this charming 1,251 sq ft home offers the perfect blend of comfort and functionality. With 2 cozy bedrooms and 1 well-appointed bathroom, it provides ample space for everyday living. Recent updates include a complete plumbing overhaul with PEX throughout the property in 2024 and a beautiful deck added in 2020, perfect for relaxing or entertaining. The spacious family room and eat-in kitchen are ideal for both daily living and hosting guests, and the kitchen features a convenient pantry for added storage. A dedicated laundry room adds to the home's practicality. Enjoy the serene outdoors from the inviting screened-in front porch or take advantage of the expansive backyard, which includes a large storage shed and plenty of space for outdoor activities. This home is perfect for those seeking a peaceful retreat with modern comforts!

Details

Property type

Single Family Residence

Est. home value

$213,997

Lot size

Unknown

Price per sq ft

$171

Year built

1936

Price History

03/27/2025
CanopyMLS

CanopyMLS #4233464

Price change
$217,500
-3.33%
03/13/2025
CanopyMLS

CanopyMLS #4233464

Listed
$225,000
+100%
05/01/2019
CanopyMLS

CanopyMLS #3442287

Sold
$112,500

Schools & Community

Elementary school: 

Forest Park

Middle school: 

Kannapolis

High school: 

A.L. Brown

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

$111,621
Asking price
$217,500
Closing costs (~8% of asking)
-$17,400
Est. remaining loan balance
-$88,479
Cash to seller
$111,621

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

Seller’s Loan History

Lender

Homeside Financial Llc

Loan start date

April 2019

Original loan amount

$99,500

Est. remaining balance

$88,479

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Drew Spice

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: 04/05/2025 at 1:05 AM

Listing updated: 03/26/2025 at 10:00 PM

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

MLS: CanopyMLS #4233464

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