tomo logo

$752,500

Beds
4
Baths
3.0
sq ft
2,380

1116 Academy Street, Charlotte, NC 28205

1116 Academy Street

Charlotte, NC 28205

  • 46 days on market
    • Price drop $32,400↓
This NoDa gem is thoroughly renovated and maintained and ready for its next owner! Starting outside, find low-maintenance turf on the street side, gated gravel drive, rear deck, 2nd story balcony, hardscaped outdoor sitting area, shed, 6-foot fence, and a large backyard perfect for entertaining! Step inside and find a sunroom, hardwoods throughout the living areas, exposed brick columns, and a GORGEOUS kitchen - custom 42" cabinetry with display shelving, granite counters, stainless steel appliances incl. gas oven/range, tile backsplash, and bar inlet perfect for additional seating. Main floor laundry, full bath w/ walk-in shower, and flex space that can serve as bedroom or home office! Upstairs has loft area with wet bar, 2 guest bedrooms, and master suite with walk-in closet, entry sitting area, soaring bedroom, and a dream bathroom - jacuzzi tub, dual vanities and oversized walk-in tiled shower. Minutes from shopping and dining options, Plaza Midwood, and more!

Details

Property type

Single Family Residence

Est. home value

$708,846

Lot size

Unknown

Price per sq ft

$317

Year built

1945

Price History

06/28/2024
CanopyMLS

CanopyMLS #4141867

Price change
$752,500
-4.13%
06/04/2024
CanopyMLS

CanopyMLS #4141867

Price change
$784,900
-1.88%
05/17/2024
CanopyMLS

CanopyMLS #4141867

Listed
$799,900

Schools & Community

Neighborhood: 

North Charlotte

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$334,226
Asking price
$752,500
Closing costs (~8% of asking)
-$60,200
Est. remaining loan balance
-$358,074
Cash to seller
$334,226

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

October 2021

Original loan amount

$381,000

Est. remaining balance

$358,074

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Crystal G Morgan

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?

Similar Homes Nearby

CanopyMLS
$850,000
4 bd
|
2.5 ba
|
2,251 sq ft
|
House

2633 Springway Drive, Charlotte, NC 28205

Price drop
CanopyMLS
$689,990
4 bd
|
3 ba
|
2,118 sq ft
|
House

1845 Graybark Avenue, Charlotte, NC 28205

Price drop
CanopyMLS
$854,990
4 bd
|
3 ba
|
2,394 sq ft
|
House

2112 Vanderbilt Road, Charlotte, NC 28206

Status: Active

Tomo last checked: 07/02/2024 at 7:05 PM

Listing updated: 06/29/2024 at 5:03 AM

Listed by: Joshua Baradaran-Dilmaghani, White Stag Realty NC LLC Phone #: (980) 777-4440

MLS: CanopyMLS #4141867

CanopyMLS logo

Recently listed in Charlotte