tomo logo

$1,100,000

Beds
4
Baths
3.0
sq ft
3,192

8877 Elina Lane, Terrell, NC 28682

8877 Elina Lane

Terrell, NC 28682

  • 121 days on market
    • Price drop $49,900↓
Gorgeous modern farmhouse-style home in GATED WATERFRONT COMMUNITY w/ Boat Slip! Large 3-car garage with custom in-ground saltwater pool and spa! Covered front porch with double entry doors lead into open foyer and dining area. PRIMARY and guest bedroom(s) on main level. Loft and 2 additional bedrooms upstairs. Open floorpan with custom finishes throughout. HUGE island opens to family room with stacked stone fireplace. Screened-in back porch overlooks private and fenced backyard oasis! Saltwater pool and spa surrounded by travertine stone and hardscape. Custom built pergola for shade. Quick stroll or golf cart ride to your deeded boat slip and lake access!!!

Details

Property type

Single Family Residence

Est. home value

$891,848

Lot size

Unknown

Price per sq ft

$345

Year built

2020

Monthly HOA fee

$173

Price History

01/06/2025
CanopyMLS

CanopyMLS #4184357

Price change
$1,100,000
-4.34%
12/04/2024
CanopyMLS

CanopyMLS #4184357

Price change
$1,149,900
-6.12%
11/07/2024
CanopyMLS

CanopyMLS #4184357

Price change
$1,224,900
-2.01%

Schools & Community

Elementary school: 

Sherrills Ford

Middle school: 

Mill Creek

High school: 

Bandys

Community features: 

Gated

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

$551,050
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$460,950
Cash to seller
$551,050

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

July 2020

Original loan amount

$510,400

Est. remaining balance

$460,950

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Jason Scott Bowles and Bernell Lynn Buckley

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?

Similar Homes Nearby

Price drop
CanopyMLS
$1,203,000
4 bd
|
3 ba
|
2,479 sq ft
|
House

9372 Island Point Road, Sherrills Ford, NC 28673

Price drop
CanopyMLS
$1,100,000
4 bd
|
3 ba
|
4,399 sq ft
|
House

7282 James Court, Denver, NC 28037

CanopyMLS
$965,000
4 bd
|
2.5 ba
|
3,524 sq ft
|
House

118 Broadbill Drive, Mooresville, NC 28117

Status: Active

Tomo last checked: 01/23/2025 at 9:25 AM

Listing updated: 01/22/2025 at 12:10 AM

Listed by: Andrew Morgan, EXP Realty LLC Mooresville Phone #: (888) 584-9431

MLS: CanopyMLS #4184357

CanopyMLS logo

Recently listed in Terrell

$850,000|4 bd|4.0 ba|House
$1,590,000|4 bd|3.5 ba|House
$296,000|3 bd|2.5 ba|Townhouse
$1,450,000|3 bd|4.5 ba|Townhouse
$2,600,000|4 bd|4.5 ba|House
$279,900|3 bd|2.5 ba|Townhouse
$389,000|3 bd|2.5 ba|House
$379,000|4 bd|2.5 ba|House
$775,000|4 bd|3.0 ba|House
$375,000|3 bd|2.5 ba|House