tomo logo

$4,350,000

Beds
8
Baths
9.5
sq ft
7,360

822 & 920 Preservation Trail, Columbus, NC 28722

822 & 920 Preservation Trail

Columbus, NC 28722

  • 343 days on market
    • Price drop $450,000↓
Outstanding home and equestrian facility for teaching and boarding in gated community. Property has direct trail access to FETA with CETA access nearby. With 27 acres the 19,296-square-foot barn includes indoor 60-by-144-foot arena with viewing room, dozen 12-by-12-foot stalls and 10 have 12-by-24-foot runouts, two tack rooms with lockers, indoor and outdoor hot and cold water wash bays. Five climate-controlled rooms with office, full bath, laundry and kitchenette with refrigerator and sink, storage for hay and equipment, and EV charging station. Property has solar power. Main house has five bedrooms, laundry on each floor, main level primary bedroom and hidden panic room. Open floor plan with vaulted ceilings and two fireplaces. Walkout basement has great room, kitchen, laundry, two full baths and two flex rooms. It has a 768-square-foot apartment with outside entrance and deck above garage. A separate three-bedroom, 2.5-bath home completes the property.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$592

Year built

2019

Monthly HOA fee

$66.67

Price History

03/14/2024
CanopyMLS

CanopyMLS #4067935

Price change
$4,350,000
-9.38%
12/07/2023
CanopyMLS

CanopyMLS #4067935

Listed
$4,800,000

Schools & Community

Elementary school: 

Polk Central

Middle school: 

Polk

High school: 

Polk

Community features: 

Gated

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

$3,371,672
Asking price
$4,350,000
Closing costs (~8% of asking)
-$348,000
Est. remaining loan balance
-$630,328
Cash to seller
$3,371,672

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

June 2021

Original loan amount

$678,160

Est. remaining balance

$630,328

Interest rate

2.97%

Loan type

VA, 30 year

Seller

Phillip J Stout and Elizabeth Paige Stout

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?

Similar Homes Nearby

CanopyMLS
$4,000,000
4 bd
|
5.5 ba
|
6,997 sq ft
|
House

1970 Chesnee Road, Columbus, NC 28722

Status: Active

Tomo last checked: 09/19/2024 at 3:25 PM

Listing updated: 08/01/2024 at 12:55 PM

Listed by: D'Ann Ford, Premier Sotheby’s International Realty Phone #: (828) 277-3238

MLS: CanopyMLS #4067935

CanopyMLS logo

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