tomo logo

$200,000

Beds
2
Baths
1.5
sq ft
900

1231 Archdale Drive Unit C, Charlotte, NC 28217

1231 Archdale Drive Unit C

Charlotte, NC 28217

  • 51 days on market
    • Price drop $10,000↓
Don't miss this incredible opportunity in the highly desired Carriage House Community! This vacant, move-in-ready condo is perfect for a First-Time Home Buyer or a smart investor looking to capitalize on a fantastic location. Nestled in a highly sought-after area of Charlotte, this property is just minutes from everything you need—shopping, dining, entertainment, and the convenience of the nearby light rail, making your commute a breeze. The condo has been well-maintained and is ready for immediate occupancy, offering hassle-free living or the potential for immediate rental income. Whether you're a first-time buyer looking for a great home or an investor seeking a valuable addition to your portfolio, this property checks all the boxes. With Charlotte's growth and demand on the rise, opportunities like this don’t come often. Community pool and 2 reserved parking spaces. Don’t miss the chance to secure a solid investment or your next home in one of Charlotte's prominent areas.

Details

Property type

Condominium

Est. home value

$179,287

Lot size

Unknown

Price per sq ft

$223

Year built

1968

Monthly HOA fee

$223.48

Price History

11/08/2024
CanopyMLS

CanopyMLS #4187058

Price change
$200,000
-4.76%
10/04/2024
CanopyMLS

CanopyMLS #4187058

Listed
$210,000
+25.37%
05/21/2024
CanopyMLS

CanopyMLS #4121872

Sold
$167,500
-1.41%

Schools & Community

Neighborhood: 

Montclaire South

Elementary school: 

Montclaire

Middle school: 

Alexander Graham

High school: 

Myers Park

Community features: 

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

$145,300
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$38,700
Cash to seller
$145,300

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

Seller’s Loan History

Lender

Myers Park Mortgage Inc

Loan start date

January 2007

Original loan amount

$61,750

Est. remaining balance

$38,700

Interest rate

6.11%

Loan type

Not Provided, 30 year

Seller

Susan V Newsome

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
$215,000
2 bd
|
1.5 ba
|
1,013 sq ft
|
Condo

2004 Stoney Point Lane Unit 87, Charlotte, NC 28210

Price drop
CanopyMLS
$199,900
2 bd
|
2 ba
|
963 sq ft
|
Condo

1612 Sharon Road West Unit 71, Charlotte, NC 28210

Price drop
CanopyMLS
$187,800
2 bd
|
2 ba
|
998 sq ft
|
Condo

1600 Sharon Road West Unit 8, Charlotte, NC 28210

Status: Active

Tomo last checked: 11/22/2024 at 12:55 AM

Listing updated: 11/08/2024 at 1:52 PM

Listed by: Nitin Aggarwal, Nitro Realty Group LLC Phone #: (704) 678-5778

MLS: CanopyMLS #4187058

CanopyMLS logo

Recently listed in Charlotte