tomo logo

$350,000

Beds
2
Baths
2.5
sq ft
1,417

11507 Rabbit Ridge Road, Charlotte, NC 28270

11507 Rabbit Ridge Road

Charlotte, NC 28270

  • 1 day on market
Location, location, location! This beautifully maintained 2-bedroom, 2.5-bathroom townhome is nestled in the highly sought-after Covington at Providence community—just minutes from shopping, dining, and 485. Tucked away in a quiet and well-kept neighborhood, this pet-friendly community offers fantastic amenities, including an outdoor pool and playground. Inside, you’ll find high ceilings, abundant natural light, luxury vinyl plank, laminate wood flooring and large windows. Recent updates include fresh paint and upgraded lighting throughout. Step outside to your private, fenced backyard, complete with a pergola and plenty of space to entertain guests. This townhome is the ideal blend of convenience, comfort, and charm. Don’t miss out!

Details

Property type

Townhouse

Est. home value

$323,121

Lot size

Unknown

Price per sq ft

$248

Year built

2004

Monthly HOA fee

$330

Price History

03/31/2025
CanopyMLS

CanopyMLS #4240911

Listed
$350,000
+57.3%
12/01/2020
CanopyMLS

CanopyMLS #3657293

Sold
$222,500

Schools & Community

Elementary school: 

McKee Road

Middle school: 

Jay M. Robinson

High school: 

Providence

Community features: 

Playground, Sidewalks, Street Lights

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

$166,388
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$155,612
Cash to seller
$166,388

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

Seller’s Loan History

Lender

Allen Tate Mortgage Partners Llc

Loan start date

November 2020

Original loan amount

$172,500

Est. remaining balance

$155,612

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Myra Lyerly Cordell

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?

Status: Active

Tomo last checked: 04/01/2025 at 10:35 PM

Listing updated: 04/01/2025 at 5:05 AM

Listed by: Marina Sidorenko, COMPASS Phone #: (704) 234-7880

MLS: CanopyMLS #4240911

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