tomo logo

$520,000

Beds
4
Baths
2.5
sq ft
2,251

11701 Parks Farm Lane, Charlotte, NC 28277

11701 Parks Farm Lane

Charlotte, NC 28277

  • 108 days on market
    • Price drop $15,000↓
Nestled in the picturesque Ballantyne area just south of Charlotte, this stunning residence offers a blend of elegance and modern comfort. Spanning 2,251 square feet, this home boasts 4 bedroom and 2.5 bathroom, providing ample space for both relaxation and entertaining. The charming exterior is complemented by a generous 0.45-acre corner lot, which offers wonderful privacy for outdoors activities. Inside, the home features all new appliances and granite countertops in the kitchen that connects to the inviting dining and living areas, perfect for hosting gatherings or enjoying quiet family time. The primary bedroom is located on the main level, featuring an en-suite bath and a walk-in closet. The 3 secondary bedrooms are upstairs, offering flexibility for family needs or guest accommodations. Located in the desirable Ballantyne area, this home provides convenient access to highway and a vast local amenities. Sellers will provide $5,000 toward garage conversion.

Details

Property type

Single Family Residence

Est. home value

$512,837

Lot size

Unknown

Price per sq ft

$232

Year built

1984

Monthly HOA fee

$72.92

Price History

11/01/2024
CanopyMLS

CanopyMLS #4164677

Price change
$520,000
-2.8%
08/08/2024
CanopyMLS

CanopyMLS #4164677

Listed
$535,000

Schools & Community

Neighborhood: 

Provincetowne

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Playground, Sidewalks, Tennis Court(s)

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

$392,378
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$86,022
Cash to seller
$392,378

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2010

Original loan amount

$123,200

Est. remaining balance

$86,022

Interest rate

5.06%

Loan type

New Conventional, 30 year

Seller

Quoc H Vu and Cathy Yenly Vu Phan

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: 11/22/2024 at 6:45 AM

Listing updated: 11/14/2024 at 1:59 PM

Listed by: Joe Nguyen, EXP Realty LLC Rock Hill Phone #: (888) 440-2798

MLS: CanopyMLS #4164677

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