tomo logo

$1,000,000

Beds
4
Baths
3.5
sq ft
3,010

1220 Lomax Avenue, Charlotte, NC 28211

1220 Lomax Avenue

Charlotte, NC 28211

  • Coming soon
Stunning modern/contemporary home thoughtfully designed to harmonize sleek style with warmth. Flooded with natural light from expansive windows, the open floor plan creates a perfect space for modern living. The brand-new kitchen is a showstopper, featuring gorgeous oak cabinetry with great storage & fabulous custom countertops & a commercial grade refrigerator. The luxurious primary suite boasts a spa-like bath with a soaking tub, large walk-in shower & spacious walk-in closet. Also upstairs you’ll find a convenient laundry room w/lots of storage. Very generously sized secondary bedrooms all feature walk-in closets & access to a full bath, including one large guest ensuite. The backyard is your private oasis, complete with a covered patio, deck & natural gas firepit—ideal for gatherings or relaxing evenings. Located in sought-after Cotswold, this home is just minutes from premier shopping, Uptown Charlotte & top-rated schools. Come enjoy the perfect mix of style, function & location!

Details

Property type

Single Family Residence

Est. home value

$843,909

Lot size

Unknown

Price per sq ft

$333

Year built

2017

Price History

04/23/2020
CanopyMLS

CanopyMLS #3588613

Sold
$525,000
+191.67%
04/21/2016
CanopyMLS

CanopyMLS #3091867

Sold
$180,000

Schools & Community

Neighborhood: 

Cotswold

Elementary school: 

Cotswold

Middle school: 

Alexander Graham

High school: 

Myers Park

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

$492,733
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$427,267
Cash to seller
$492,733

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

April 2020

Original loan amount

$472,500

Est. remaining balance

$427,267

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Corey Robert Pruitt and Lindsey Edwards Pruitt

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: Coming Soon

Tomo last checked: 12/21/2024 at 10:55 PM

Listing updated: 12/20/2024 at 5:05 AM

Listed by: Debe Maxwell, Savvy + Co Real Estate Phone #: (704) 330-8326

MLS: CanopyMLS #4207561

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