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$725,000

Beds
3
Baths
2.5
sq ft
2,775

761 Bowles Farm Road, Statesville, NC 28625

761 Bowles Farm Road

Statesville, NC 28625

  • 23 days on market
    • Price drop $25,000↓
Incredible opportunity to own this haven of an oasis! This meticulously maintained home is nestled on 23 gorgeous, sprawling acres & includes a partially climatized barn, a 1 acre pond brimming with fish; an in-ground, fenced-in swimming pool surrounded by a huge seating area, a deck overlooking gorgeous views, woods, trails, a creek, & 100% peace & quiet! The primary suite and laundry room are on the main level, where there's also a 2nd living quarters, complete with a kitchen and great room area. 2 more bedrooms are upstairs. The home has a 2019 water tank, 2013 roof, 2014 hvac, & encapsulated crawlspace completed by Moisture Lock, which is still under warranty. Clients have painted, installed flooring, expanded the storage space, & lovingly maintained every inch of this property. 1100 linear feet of new fencing, including 6 gates. Septic tank pumped recently. Close to shopping, restaurants, & interstates w/Low county Taxes. DO NOT DRIVE ON DRIVEWAY WITHOUT A CONFIRMED APPOINTMENT!!!

Details

Property type

Single Family Residence

Est. home value

$606,987

Lot size

Unknown

Price per sq ft

$262

Year built

1988

Price History

11/15/2024
CanopyMLS

CanopyMLS #4196134

Price change
$725,000
-3.33%
11/01/2024
CanopyMLS

CanopyMLS #4196134

Listed
$750,000
+83%
07/05/2018
TriadMLS

TriadMLS #804065

Sold
$409,825

Schools & Community

Elementary school: 

Central

Middle school: 

North Iredell

High school: 

North Iredell

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

$330,544
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$336,456
Cash to seller
$330,544

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

Seller’s Loan History

Lender

Colten Mortgage

Loan start date

July 2021

Original loan amount

$362,598

Est. remaining balance

$336,456

Interest rate

3%

Loan type

FHA, 30 year

Seller

Thomas Champlin and Glenda R Champlin

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: 11/23/2024 at 12:25 AM

Listing updated: 11/15/2024 at 10:10 AM

Listed by: Rebekah Sosa, Mooresville Realty LLC Phone #: (704) 663-0990

MLS: CanopyMLS #4196134

CanopyMLS logo

Recently listed in Statesville