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$2,375,000

Beds
4
Baths
3.5
sq ft
3,610

8566 Birchwood Lane, Terrell, NC 28682

8566 Birchwood Lane

Terrell, NC 28682

  • 124 days on market
    • Price drop $125,000↓
Chic and comfortable, modern WATERFRONT home has it all! Stunning renovation completed last fall on this full brick home on a beautiful, private, flat lot, no HOA. This enchanting retreat offers deep water and calming sunset views from huge covered deck with new composite flooring. Gourmet kitchen features upscale appliances including a 6 burner gas stove and a HUGE frig. Don’t miss the fabulous hidden walk-in pantry! Primary suite w/ access to lakeside deck has a great closet and shower, his/her vanities and heated floors! Beautiful new white oak flooring on main floor, new doors and windows with electronic blinds on lake side. Upstairs features an impressive theatre room with 6 recliners and mini kitchen. Outside includes soothing water views and hard to find paved boat ramp, great covered dock with lift and sitting area. 3 car garage plus 2 car heated/cooled workshop/storage area with a half bath. Fresh paint, new roof and 6" gutters. Come enjoy the relaxed, Lake Norman lifestyle!

Details

Property type

Single Family Residence

Est. home value

$1,389,441

Lot size

Unknown

Price per sq ft

$658

Year built

2007

Price History

01/20/2025
CanopyMLS

CanopyMLS #4180040

Price change
$2,375,000
-5%
12/16/2024
CanopyMLS

CanopyMLS #4180040

Price change
$2,500,000
-5.62%
10/30/2024
CanopyMLS

CanopyMLS #4180040

Price change
$2,649,000
-5.36%

Schools & Community

Elementary school: 

Sherrills Ford

Middle school: 

Mills Creek

High school: 

Bandys

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

$1,550,760
Asking price
$2,375,000
Closing costs (~8% of asking)
-$190,000
Est. remaining loan balance
-$634,240
Cash to seller
$1,550,760

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2021

Original loan amount

$695,500

Est. remaining balance

$634,240

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Shannon Ray Tucker and Marjorie Jean Tucker

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: 01/23/2025 at 4:25 AM

Listing updated: 01/22/2025 at 12:08 AM

Listed by: Marcia Liedle, Allen Tate Mooresville/Lake Norman Phone #: (704) 664-9333

MLS: CanopyMLS #4180040

CanopyMLS logo

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