tomo logo

$1,850,000

Beds
3
Baths
4.5
sq ft
2,893

7800 Bankhead Road, Denver, NC 28037

7800 Bankhead Road

Denver, NC 28037

  • 130 days on market
    • Price drop $25,000↓
    • Open house Jul 07
SELLER WILL ENTERTAIN OFFERS BETWEEN $1,775,000 AND $1,850,000 OR HIGHER. This beautiful 3 bedroom, 4.5 bath home boasts breathtaking water views. Step inside to discover an updated kitchen perfect for culinary enthusiasts, with sweeping vistas of the lake. The split floor plan ensures privacy with the primary bedroom on one side and guest bedrooms/office on the other. 2nd floor features a flex space. Entertain guests on the covered porch while enjoying the tranquil ambiance and picturesque scenery. Boating enthusiasts will relish the covered boat dock and grandfathered boat ramp. The expansive backyard offers an ideal venue for special gatherings creating lasting memories against the backdrop of natural beauty. With no HOA restrictions short-term rentals allowed, this property presents an exceptional investment opportunity. Enjoy peace of mind with a 1-year home warranty, transferable to the buyer at closing. Kitchen refrigerator, washer, dryer, dining table, bench and hutch included.

Details

Property type

Single Family Residence

Est. home value

$1,719,043

Lot size

Unknown

Price per sq ft

$640

Year built

1971

Price History

05/14/2024
CanopyMLS

CanopyMLS #4111297

Price change
$1,850,000
-1.33%
04/08/2024
CanopyMLS

CanopyMLS #4111297

Price change
$1,875,000
-1.32%
03/07/2024
CanopyMLS

CanopyMLS #4111297

Listed
$1,900,000

Schools & Community

Elementary school: 

Sherrills Ford

Middle school: 

Mill Creek

High school: 

Bandys

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

$1,602,426
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$99,574
Cash to seller
$1,602,426

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$106,000

Est. remaining balance

$99,574

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Susan D Schmit and Andrew P Schmit

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: 07/07/2024 at 7:25 PM

Listing updated: 07/07/2024 at 3:13 PM

Listed by: Lynne Verhagen, Berkshire Hathaway HomeServices Carolinas Realty Phone #: (704) 892-1424

MLS: CanopyMLS #4111297

CanopyMLS logo

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