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$3,250,000

Beds
5
Baths
7.5
sq ft
10,670

8275 Mount Olive Rd, Concord, NC 28025

8275 Mount Olive Rd

Concord, NC 28025

  • 140 days on market
This custom gated home is nestled on over 94 acres of sprawling countryside, this grand estate offers the ultimate of privacy and easy living. Welcoming soaring ceilings and the impressive double stairway. Inside, discover 5 spacious bedrooms and 7 1/2 bathrooms, providing the utmost comfort and privacy. Main level features a spacious primary suite with a luxury primary bath and 2 WIC. This home offers a blend of elegance and comfort with multiple flexible living areas with multiple fireplaces. The outside has large deck areas, built-in fire pit, outdoor kitchen, gunite pool and spill-over hot tub. No shortage of storage- 6 car garage, many closets and a walk-in attic. This property is a rare gem that offers the ultimate in privacy and tranquility making it the perfect retreat for those seeking a luxurious lifestyle in a serene setting. Secondary home would be perfect as an in-law suite or live in nanny with over 1400 SF.The barn is waiting for your imagination, a small venue space?

Details

Property type

Single Family Residence

Est. home value

$3,767,126

Lot size

Unknown

Price per sq ft

$305

Year built

2001

Price History

08/22/2024
CanopyMLS

CanopyMLS #4141326

Listed
$3,250,000
08/22/2024
CanopyMLS

CanopyMLS #4141326

Removed
$3,250,000
05/18/2024
CanopyMLS

CanopyMLS #4141326

Listed
$3,250,000
+33.2%

Schools & Community

Elementary school: 

Mount Pleasant

Middle school: 

Mount Pleasant

High school: 

Mount Pleasant

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The Carolinas Harrisburg

Loan start date

June 2003

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Not Provided

Seller

Billy Ray Johnson

Lender

Southtrust Bank

Loan start date

June 2003

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Credit Line (Revolving)

Seller

Billy Ray Johnson and Angela E Johnson

Lender

Bank Of The Carolinas Harrisburg

Loan start date

February 2003

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

5.95%

Loan type

Building or Construction Loan

Seller

Billy Ray Johnson and Angela E Johnson

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?

Status: Active

Tomo last checked: 10/05/2024 at 10:20 PM

Listing updated: 10/04/2024 at 10:21 AM

Listed by: Dawn Crocker, Allen Tate Charlotte South Phone #: (704) 541-6200

MLS: CanopyMLS #4141326

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