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$1,350,000

Beds
3
Baths
2.0
sq ft
2,192

9909 Idlewild Road, Matthews, NC 28105

9909 Idlewild Road

Matthews, NC 28105

  • 1810 days on market
    • Price drop $100,000↓
Investment/Development opportunity with this 6.09 acres of level land in a prime growth area. The property offers 617' of frontage on Idlewild Rd. with city water and a deeded ROW for a possible sewer connection. The dwelling is tenant occupied and is being sold "As Is"-Value isin the land. Located just east of the commercial developments at the intersection of Idlewild & Margaret Wallace (Lidl & Harris Teeter), just west of the Willow Grove Retirement Community and across from the planned Arden at Matthews 55+ community. The tract adjoining the back of this tract has a condition Office/Apt zoning. Mint Hill's new land-use plan labels property for Mixed Use Residential. The current zoning is residential. However, there is strong growth along this corridor. Adjacent lot 10003 Idlewild is included in this offering and is to be sold together. See 10003 Idlewild Rd- Acreage listing MLS #3574035 and contact the listing agent for additional details.

Details

Property type

Single Family Residence

Est. home value

$629,135

Lot size

6.09 acres

Price per sq ft

$616

Year built

1947

HOA

No

Price History

10/27/2024
CanopyMLS

CanopyMLS #3573949

Price change
$1,350,000
-6.9%
10/26/2024
CanopyMLS

CanopyMLS #3573949

Price change
$1,450,000
+26.09%
12/08/2023
CanopyMLS

CanopyMLS #3573949

Listed
$1,150,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

None

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

First Citizens Bank & Trust Co

Loan start date

February 2016

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Credit Line (Revolving)

Seller

Kamlesh P Shah and Bhavna K Shah

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: 11/19/2024 at 4:25 AM

Listing updated: 10/27/2024 at 10:29 AM

Listed by: David McInnis, David McInnis Real Estate Phone #: (704) 661-8300

MLS: CanopyMLS #3573949

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