tomo logo

$1,350,000

Beds
5
Baths
3.5
sq ft
3,405

7941 Woodhill Cove Lane, Denver, NC 28037

7941 Woodhill Cove Lane

Denver, NC 28037

  • 113 days on market
    • Price drop $20,000↓
Come check out this beautifully updated 5 bed 3.5 bath lakefront home on coveted Lake Norman! Nestled on a quiet road, it sits on a wooded lot that has been cleared enough to offer breathtaking views of the water while still maintaining privacy (which can be hard to come by on Lake Norman)! Home contains open and bright floor plan with tons of natural light throughout. Two toned kitchen features breakfast bar, double ovens, microwave drawer, electric cooktop and quartz countertops. Charming wine cellar! Dining area with a view. Great room with coffered ceilings. Primary bedroom boasts vaulted ceilings leading into exquisite bathroom with double shower and walk-in closet. Enclosed back porch with view of the lake leading to open deck. Working fireplaces on main floor and in basement. Fully finished basement with tons of space/more bedrooms and bathrooms. Basement has own private access. 2 car garage with second one behind house at basement level. Private floating dock with boat lift!

Details

Property type

Single Family Residence

Est. home value

$977,108

Lot size

Unknown

Price per sq ft

$397

Year built

1993

Price History

06/02/2024
CanopyMLS

CanopyMLS #4118584

Price change
$1,350,000
-1.46%
05/25/2024
CanopyMLS

CanopyMLS #4118584

Price change
$1,370,000
-0.36%
04/30/2024
CanopyMLS

CanopyMLS #4118584

Price change
$1,375,000
-1.08%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

East Lincoln

High school: 

East Lincoln

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

$526,653
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$715,347
Cash to seller
$526,653

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

Seller’s Loan History

Lender

Np Inc

Loan start date

October 2023

Original loan amount

$720,000

Est. remaining balance

$715,347

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Nicholas A Giordano

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 4:55 PM

Listing updated: 07/01/2024 at 5:13 PM

Listed by: Catherine Mulford, Keller Williams Lake Norman Phone #: (704) 892-5518

MLS: CanopyMLS #4118584

CanopyMLS logo

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