tomo logo

$525,000

Beds
2
Baths
2.0
sq ft
1,815

8221 Festival Way, Charlotte, NC 28215

8221 Festival Way

Charlotte, NC 28215

  • 66 days on market
    • Price drop $10,000↓
PRICED TO SELL SO DON'T WAIT...Welcome Home to your Stunning 2Br/2Ba Ranch Home in the Cresswind Community that is enriched w/Upgrades Galore. Step into this luxurious open floor plan home that greets you w/ 11' ceilings, including trey ceiling in foyer. Spacious Living Room w/Gas fireplace, tons of windows for great natural lighting. Kitchen includes granite countertops, subway tile backsplash, beautiful gray cabinets, stainless steel appliances, under cabinet lighting, gas cooktop, & Signature Farm Sink. Shaw Porcelain tile in Kitchen & Foyer. Large Primary BR with trey ceiling, 2 walk-in closets. Grand Primary En-Suite w/dual upgraded rectangle sinks, granite counters, Frameless tiled shower and tiled floor. Laundry w/cabinets & sink. Plantations shutters, roman shades, & blinds throughout. Outside includes screened in porch w/dual fans overlooking fenced yard on premium lot that backs up to tree-saved area. Two-car Garage w/Epoxy-coated floors.

Details

Property type

Single Family Residence

Est. home value

$546,904

Lot size

Unknown

Price per sq ft

$290

Year built

2019

Monthly HOA fee

$299

Price History

11/12/2024
CanopyMLS

CanopyMLS #4183803

Price change
$525,000
-1.87%
10/03/2024
CanopyMLS

CanopyMLS #4183803

Price change
$535,000
-0.93%
09/17/2024
CanopyMLS

CanopyMLS #4183803

Listed
$540,000
-2.53%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Clubhouse, Fitness Center, Sidewalks, Street Lights, Tennis Court(s)

Senior community center: 

Yes

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

$263,079
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$219,921
Cash to seller
$263,079

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2020

Original loan amount

$299,000

Est. remaining balance

$219,921

Interest rate

3%

Loan type

New Conventional, 15 year

Seller

James Michael Higgins and Lisa De Matteo Higgins

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: 11/22/2024 at 7:15 PM

Listing updated: 11/13/2024 at 11:55 AM

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

MLS: CanopyMLS #4183803

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