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$2,100,000

Beds
7
Baths
6.5
sq ft
7,802

8516 Mcilwaine Road, Huntersville, NC 28078

8516 Mcilwaine Road

Huntersville, NC 28078

  • 143 days on market
    • Price drop $50,000↓
**Price reduction can be used for buying down rate or if desired, leave the funds in escrow towards updates post closing** This stunning 6-bedroom, 5.5-bathroom home in Huntersville is situated on 8 acres of lush land, featuring a gated entrance that opens to a picturesque driveway. The primary suite, located on the main floor, boasts a private bath and balcony. The chef's kitchen is equipped with top-of-the-line appliances, making it a culinary dream. Additionally, the main floor includes a second bedroom, while three more bedrooms and two bathrooms are located upstairs. The basement offers a fully equipped living space with a kitchen and walk-in pantry, leading to a backyard oasis with a resort-style pool, hot tub, and two outdoor bathrooms. An outdoor living room with a wood-burning fireplace enhances the charm. A kids' dream treehouse is situated near the pool. The property also features a second living quarters above the detached garage, complete with 1 bedroom and 1 bath.

Details

Property type

Single Family Residence

Est. home value

$2,666,784

Lot size

Unknown

Price per sq ft

$270

Year built

2006

Price History

12/12/2024
CanopyMLS

CanopyMLS #4164588

Price change
$2,100,000
-2.33%
10/21/2024
CanopyMLS

CanopyMLS #4164588

Price change
$2,150,000
-4.44%
09/10/2024
CanopyMLS

CanopyMLS #4164588

Price change
$2,250,000
-2.17%

Schools & Community

Elementary school: 

Torrence Creek

Middle school: 

Francis Bradley

High school: 

Hopewell

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

$255,275
Asking price
$2,100,000
Closing costs (~8% of asking)
-$168,000
Est. remaining loan balance
-$1,676,725
Cash to seller
$255,275

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

Seller’s Loan History

Lender

Toyota Financial Savings Bank

Loan start date

May 2023

Original loan amount

$1,708,000

Est. remaining balance

$1,676,725

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Howard Pearly Fredell Jr and Sandy Martin Fredell

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: 12/23/2024 at 12:40 AM

Listing updated: 12/20/2024 at 1:04 PM

Listed by: Dan Jones, Carolina Real Estate Experts The Dan Jones Group Phone #: (704) 709-3838

MLS: CanopyMLS #4164588

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