tomo logo

$580,000

Beds
5
Baths
3.5
sq ft
2,783

8073 Andrew Franklin Drive, Denver, NC 28037

8073 Andrew Franklin Drive

Denver, NC 28037

  • 2 days on market
Welcome to your dream home in Salem Springs community. This beautiful 5-bedroom, 3.5-bath residence provides ultimate design and comfort, set on nearly half an acre at the end of a tranquil cul-de-sac, surrounded by mature trees and lush landscaping. The living room features a grand floor-to-ceiling stone gas fireplace, framed by custom wood built-in bookshelves, creating an ambiance of sophistication and coziness. The main level hosts the primary bedroom suite with a spa-like bathroom complete with a garden tub, dual vanities, a separate tiled shower, and a walk-in closet with custom built-in shelving. The upper level includes three additional generously sized bedrooms and a full bathroom. A versatile additional room can serve as a second primary suite with its own full bath, or as a bonus room. The location is unbeatable, with close proximity to Lake Norman, the prestigious Cowans Ford Golf Club, and the vibrant Birkdale Village, offering premier shopping and dining options.

Details

Property type

Single Family Residence

Est. home value

$551,060

Lot size

Unknown

Price per sq ft

$209

Year built

2006

Monthly HOA fee

$27.08

Price History

07/01/2024
CanopyMLS

CanopyMLS #4156731

Listed
$580,000
+28.89%
09/10/2021
CanopyMLS

CanopyMLS #3768556

Sold
$450,000
+45.16%
07/26/2019
CanopyMLS

CanopyMLS #3489564

Sold
$310,000

Schools & Community

Elementary school: 

Catawba Springs

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

$261,883
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$271,717
Cash to seller
$261,883

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2019

Original loan amount

$300,700

Est. remaining balance

$271,717

Interest rate

3.82%

Loan type

New Conventional, 30 year

Seller

Andrew Suarez and Ansley A Suarez

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: 07/03/2024 at 3:35 PM

Listing updated: 07/02/2024 at 5:03 AM

Listed by: Mike Feehley, Ivester Jackson Distinctive Properties Phone #: (980) 435-5169

MLS: CanopyMLS #4156731

CanopyMLS logo

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