tomo logo

$615,000

Beds
4
Baths
3.5
sq ft
3,014

7278 Waterwheel Street Southwest, Concord, NC 28025

7278 Waterwheel Street Southwest

Concord, NC 28025

  • 62 days on market
    • Price drop $5,000↓
Beautiful house in a beautiful community. Come check out this very well-maintained house. Open floor plan with fireplace in family room makes the house looks more beautiful. Main floor includes office space with French door at the entrance, and flex/bonus room as well. Current Owners added large, covered Patio on the back with ceiling fan to have space to relax and enjoy the outdoors. Backyard has closed wooded fence for privacy. Upstairs features Loft, Master bedroom with master bath and closet, and 3 bedrooms and two additional bathrooms. House is Northeast Facing. The Mills At Rocky River community have nice clubhouse available for rental, also have fitness room, swimming pool, and kids playing area.

Details

Property type

Single Family Residence

Est. home value

$542,486

Lot size

Unknown

Price per sq ft

$205

Year built

2020

Monthly HOA fee

$83.33

Price History

11/08/2024
CanopyMLS

CanopyMLS #4185707

Price change
$615,000
-0.81%
09/21/2024
CanopyMLS

CanopyMLS #4185707

Price change
$620,000
+3.51%
09/21/2024
CanopyMLS

CanopyMLS #4185707

Listed
$599,000
+26.11%

Schools & Community

Elementary school: 

Patriots

Middle school: 

C.C. Griffin

High school: 

Hickory Ridge

Community features: 

Clubhouse, Fitness Center, Playground

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

$176,510
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$389,290
Cash to seller
$176,510

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2021

Original loan amount

$416,700

Est. remaining balance

$389,290

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Amit K Agarwal and Ruchi Agarwal

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 8:45 PM

Listing updated: 11/08/2024 at 2:45 PM

Listed by: Nikunj Patel, Vimal Realty LLC Phone #: (980) 253-9594

MLS: CanopyMLS #4185707

CanopyMLS logo

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