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$285,000

Beds
2
Baths
1.0
sq ft
807

1101 West 1st Street Unit 412, Charlotte, NC 28202

1101 West 1st Street Unit 412

Charlotte, NC 28202

  • Pending
    • Price drop $5,000↓
Bright and open Top Floor condo w/ incredible views of Uptown and Bank of America Stadium! Live uptown without the hassle of being in the center of it all. Condo is located just 1/2 mile from BOA stadium - perfect for football & soccer season plus concerts throughout the summer! Property includes a gated main level garage w/ 1 parking space. Inside, you'll find an open floor plan. Kitchen has breakfast bar seating and matching black appliances. Living room has double doors that open up to private balcony. Bathroom has an updated vanity w/ dual sinks for plenty of storage and is connected to primary bedroom. Additional bedroom for guests or home office area. Complex includes lush center area green space w/ 2 gas grills for community use. Next to the community is Frazier Park plus access to the Irwin Creek Greenway / Wesley Heights Greenway. Property is also near the light rail for quick access into Southend or NoDa area's of Charlotte.

Details

Property type

Condominium

Est. home value

$309,817

Lot size

Unknown

Price per sq ft

$354

Year built

2007

Monthly HOA fee

$307

Price History

08/16/2024
CanopyMLS

CanopyMLS #4163739

Pending
$285,000
08/13/2024
CanopyMLS

CanopyMLS #4163739

Price change
$285,000
-1.72%
08/07/2024
CanopyMLS

CanopyMLS #4163739

Price change
$290,000
-1.69%

Schools & Community

Neighborhood: 

Third Ward

Elementary school: 

Bruns Avenue

Middle school: 

Walter G Byers

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

$1,891
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$260,309
Cash to seller
$1,891

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

May 2022

Original loan amount

$270,019

Est. remaining balance

$260,309

Interest rate

4.72%

Loan type

FHA, 30 year

Seller

Jordan Mahar

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 11:55 PM

Listing updated: 08/21/2024 at 2:10 PM

Listed by: Thomas Elrod, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4163739

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