tomo logo

$395,000

Beds
2
Baths
2.0
sq ft
1,053

113 South Summit Avenue, Charlotte, NC 28208

113 South Summit Avenue

Charlotte, NC 28208

  • 28 days on market
Welcome to your dream top floor condo in the vibrant heart of Wesley Heights, offering breathtaking city views. This home features bright dormer-style skylights in both the living area and primary bedroom, filling the space with natural light. The open concept layout seamlessly combines the living room, dining area, and a convenient desk nook. Enjoy private covered balconies off the living room and primary bedroom, perfect for morning coffee or evening relaxation. The spacious primary bedroom includes two closets, one being a large walk-in within the en suite bathroom. Outdoor amenities include a fire pit and grilling area, all with stunning cityscape views. HOA covers water & cable/internet. The Charlotte Gold Line is right around the corner for trips into center city and just down the road is the Wesley Heights greenway for your enjoyment. Don’t miss this opportunity to experience urban living at its finest!

Details

Property type

Condominium

Est. home value

$394,285

Lot size

Unknown

Price per sq ft

$376

Year built

2008

Monthly HOA fee

$400

Price History

06/07/2024
CanopyMLS

CanopyMLS #4144194

Listed
$395,000
+8.22%
05/06/2022
CanopyMLS

CanopyMLS #3846391

Sold
$365,000
+37.74%
08/15/2019
CanopyMLS

CanopyMLS #3524891

Sold
$265,000

Schools & Community

Neighborhood: 

Wesley Heights

Elementary school: 

Bruns Avenue

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

$99,642
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$263,758
Cash to seller
$99,642

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

May 2022

Original loan amount

$273,750

Est. remaining balance

$263,758

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Mei Chuan Ko and Ann Ko

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 7:50 PM

Listing updated: 06/23/2024 at 4:13 PM

Listed by: Stephanie Hartman, COMPASS Phone #: (704) 234-7880

MLS: CanopyMLS #4144194

CanopyMLS logo

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