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$430,000

Beds
2
Baths
2.0
sq ft
1,075

1101 West 1st Street Unit 405, Charlotte, NC 28202

1101 West 1st Street Unit 405

Charlotte, NC 28202

  • 57 days on market
    • Price drop $10,000↓
Your new home awaits in the premier top floor penthouse unit of 1st Row Warehouse! Corner location boasts spectacular views of Uptown city lights at night & endless natural sunlight during the day. Open floor plan with upgrades throughout including hardwoods & tile (no carpet). Granite counters & new appliances in kitchen. Bose surround-sound in living room. Garden tub in Primary bath with separate shower & granite dual vanity. Condo comes w/ one of the limited storage units valued at approx. $10K! Assigned parking space in gated garage. Amenities include resident courtyard and gas grills. Adjacent to Frazier Park’s greenway & 2 dog parks. Safe & quaint 3rd Ward inside inner loop. A quick 5-minute walk to BofA stadium & surrounding dining and near the highly anticipated Iron District and its eventual light rail stop. Plus, just a 5-minute drive to South End & quick access to I-77/1-277.

Details

Property type

Condominium

Est. home value

$390,399

Lot size

Unknown

Price per sq ft

$400

Year built

2007

Monthly HOA fee

$415

Price History

12/12/2024
CanopyMLS

CanopyMLS #4194759

Price change
$430,000
-2.27%
10/25/2024
CanopyMLS

CanopyMLS #4194759

Listed
$440,000
+41.94%
01/14/2021
CanopyMLS

CanopyMLS #3689938

Sold
$310,000

Schools & Community

Neighborhood: 

Third Ward

Elementary school: 

First Ward

Middle school: 

Sedgefield

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

$136,872
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$258,728
Cash to seller
$136,872

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$281,250

Est. remaining balance

$258,728

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Lillian Haider

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: 12/22/2024 at 12:35 PM

Listing updated: 12/12/2024 at 11:09 AM

Listed by: Joe Naccarato, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4194759

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