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$129,990

Beds
2
Baths
1.0
sq ft
1,353

801 Desoto Avenue, Kannapolis, NC 28083

801 Desoto Avenue

Kannapolis, NC

  • 139 days on market
    • Price drop $8,710↓
**Charming 2-Bedroom Home with Great Potential** Discover this charming 2-bedroom, 1-bathroom home, perfect for your next move. This property is well-maintained and ready for you to add your personal touch. All items currently on-site are included with the property except tenants property. Don't miss out on the chance to make this space your dream home! **Property Details:** - **Rent:** $1,150 per month - **Lease:** Through April 2025 - **Tenant:** Showings by appointment only Showings must be scheduled around the tenant's availability, and a pre-approval letter is required.

Details

Property type

Single Family Residence

Est. home value

$141,181

Lot size

Unknown

Price per sq ft

$97

Year built

1930

Price History

12/21/2024
CanopyMLS

CanopyMLS #4168036

Listed
$129,990
10/03/2024
CanopyMLS

CanopyMLS #4168036

Pending
$129,990
09/11/2024
CanopyMLS

CanopyMLS #4168036

Price change
$129,990
-6.28%

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

$97,655
Asking price
$129,990
Closing costs (~8% of asking)
-$10,399
Est. remaining loan balance
-$21,936
Cash to seller
$97,655

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

Seller’s Loan History

Lender

Ferrell A James

Loan start date

December 2007

Original loan amount

$71,294

Est. remaining balance

$21,936

Interest rate

6.24%

Loan type

Not Provided, 21 year

Seller

Cli Groups Inc

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: 12/23/2024 at 1:25 AM

Listing updated: 12/20/2024 at 7:49 PM

Listed by: Tyler Wilcox, EXP Realty LLC Mooresville Phone #: (888) 584-9431

MLS: CanopyMLS #4168036

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