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$355,000

Beds
3
Baths
2.0
sq ft
1,519

824 Lantern Way, Kannapolis, NC 28081

824 Lantern Way

Kannapolis, NC 28081

  • 81 days on market
    • Price drop $5,000↓
3 Bed 2 Bath RANCH home with beautiful enclosed patio/sunroom. This house is located at the street close to cut-de-sac with easy access to highways, dinning, shopping, and parks. Community offers pool and tennis court for its residents. This is a well maintained home that you would want to see and can surely enjoy with your family. This could be a great property for primary residents or investors.

Details

Property type

Single Family Residence

Est. home value

$348,492

Lot size

Unknown

Price per sq ft

$234

Year built

1997

Monthly HOA fee

$38.67

Price History

01/16/2025
CanopyMLS

CanopyMLS #4197198

Price change
$355,000
-1.39%
12/06/2024
CanopyMLS

CanopyMLS #4197198

Price change
$360,000
-1.37%
11/02/2024
CanopyMLS

CanopyMLS #4197198

Listed
$365,000
+15.87%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$238,405
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$88,195
Cash to seller
$238,405

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

October 2021

Original loan amount

$95,000

Est. remaining balance

$88,195

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Sharon Ann Murdock and Paul B Murdock

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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Price drop
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335 Davidson Highway, Concord, NC 28027

Status: Active

Tomo last checked: 01/23/2025 at 2:00 AM

Listing updated: 01/22/2025 at 12:16 AM

Listed by: Rajan Nanda, Carolina Construction and Realtors Inc. Phone #: (409) 466-9323

MLS: CanopyMLS #4197198

CanopyMLS logo

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