tomo logo

$650,000

Beds
4
Baths
3.0
sq ft
2,436

1001 Nancy Drive, Charlotte, NC 28211

1001 Nancy Drive

Charlotte, NC 28211

  • Coming soon
Charming home in highly desirable Cotswold! Lower level offers great potential as separate living quarters, rental/income opportunity.

Details

Property type

Single Family Residence

Est. home value

$633,582

Lot size

Unknown

Price per sq ft

$267

Year built

1962

Price History

11/02/2020
CanopyMLS

CanopyMLS #3652619

Sold
$433,000

Schools & Community

Neighborhood: 

Cotswold

Elementary school: 

Billingsville / Cotswold

Middle school: 

Alexander Graham

High school: 

Myers Park

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

$223,370
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$374,630
Cash to seller
$223,370

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2020

Original loan amount

$411,350

Est. remaining balance

$374,630

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Thomas Paul Moran and Rachel Virginia Hagerman

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: Coming Soon

Tomo last checked: 11/12/2024 at 5:30 PM

Listing updated: 11/10/2024 at 5:05 AM

Listed by: Buddy Frey, Keller Williams University City Phone #: (704) 409-4700

MLS: CanopyMLS #4198441

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