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$387,000

Beds
4
Baths
2.5
sq ft
2,324

1016 Northwood Drive, Charlotte, NC 28216

1016 Northwood Drive

Charlotte, NC 28216

  • 66 days on market
    • Price drop $3,000↓
This 4 bedroom, 2 full bath home was remodeled in 2020 and is looking for a new owner. The primary suite with primary bath is very large. The walk in tile shower has water jets on the wall for a soothing start or end to your day. The kitchen has beautiful granite counter tops and white shaker cabinets. The main floor has refinished wood floors and the downstairs has vinyl plank flooring. Sit for a spell on the front porch or relax on the back deck, you will enjoy the perks and updates this home offers.

Details

Property type

Single Family Residence

Est. home value

$403,642

Lot size

Unknown

Price per sq ft

$167

Year built

1973

Price History

06/22/2024
CanopyMLS

CanopyMLS #4133713

Price change
$387,000
-0.77%
06/06/2024
CanopyMLS

CanopyMLS #4133713

Price change
$390,000
-2.5%
04/30/2024
CanopyMLS

CanopyMLS #4133713

Listed
$400,000
+53.55%

Schools & Community

Neighborhood: 

Firestone-Garden Park

Elementary school: 

Statesville Road

Middle school: 

Ranson

High school: 

West Charlotte

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

$161,489
Asking price
$387,000
Closing costs (~8% of asking)
-$30,960
Est. remaining loan balance
-$194,551
Cash to seller
$161,489

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

March 2021

Original loan amount

$210,205

Est. remaining balance

$194,551

Interest rate

2.79%

Loan type

FHA, 30 year

Seller

Ferman Lee Patterson and Vinnie Inez Patterson

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: 07/02/2024 at 7:00 PM

Listing updated: 06/22/2024 at 1:58 PM

Listed by: Nick Heath, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4133713

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