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$410,000

Beds
3
Baths
2.0
sq ft
1,359

8803 Peninsula Drive, Terrell, NC 28682

8803 Peninsula Drive

Terrell, NC 28682

  • 64 days on market
This 3-bedroom, 2-bathroom ranch offers the perfect lake retreat with breathtaking views of Lake Norman from the front of the home, especially during fall and winter. Enjoy the peacefulness of being out of the city, where you can see the stars at night, yet still be close to everyday conveniences like grocery stores and restaurants. The home features a large covered front porch, perfect for relaxing and taking in the serene surroundings. The spacious primary suite boasts a walk-in closet and a large bathroom. The fenced backyard provides privacy, while the property’s hilltop setting gives it great presence. With no HOA, this property offers flexibility and potential, making it an excellent short-term rental or vacation home. Additional highlights include a shed for extra storage, friendly neighbors, and a quiet street—all adding to the charm of this exceptional property.

Details

Property type

Single Family Residence

Est. home value

$386,187

Lot size

Unknown

Price per sq ft

$302

Year built

2003

Price History

09/19/2024
CanopyMLS

CanopyMLS #4182255

Listed
$410,000
+2.76%
03/13/2023
CanopyMLS

CanopyMLS #3931164

Sold
$399,000
+57.71%
12/21/2020
CanopyMLS

CanopyMLS #3683121

Sold
$253,000

Schools & Community

Elementary school: 

Sherrills Ford

Middle school: 

Mill 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

$38,230
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$338,970
Cash to seller
$38,230

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

March 2023

Original loan amount

$346,000

Est. remaining balance

$338,970

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Rachel P Neal

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: 11/23/2024 at 7:55 AM

Listing updated: 09/21/2024 at 1:14 PM

Listed by: Rachel Lewis, Lewis And Kirk Realty LLC Phone #: (704) 577-9849

MLS: CanopyMLS #4182255

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