tomo logo

$799,000

Beds
4
Baths
2.0
sq ft
1,662

1422 Morningside Drive, Charlotte, NC 28205

1422 Morningside Drive

Charlotte, NC 28205

  • 58 days on market
    • Price drop $26,000↓
Charming four bedroom two bathroom home in popular Plaza Midwood! First floor features spacious living room with flex space, dining, kitchen, three large secondary bedrooms and updated hall bath. The renovated second story primary suite with bathroom and walk in closet offer optimal space while preserving the classic charm of the home. Step outside to a large, flat, private backyard—perfect for entertaining! Enjoy the incredible walkability and close proximity to all that Plaza Midwood has to offer.

Details

Property type

Single Family Residence

Est. home value

$788,742

Lot size

Unknown

Price per sq ft

$481

Year built

1941

Price History

11/11/2024
CanopyMLS

CanopyMLS #4186101

Price change
$799,000
-3.15%
10/21/2024
CanopyMLS

CanopyMLS #4186101

Price change
$825,000
-2.83%
09/25/2024
CanopyMLS

CanopyMLS #4186101

Listed
$849,000
+103.6%

Schools & Community

Neighborhood: 

Commonwealth

Elementary school: 

Oakhurst Steam Academy

Middle school: 

Eastway

High school: 

Garinger

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

$360,388
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$374,692
Cash to seller
$360,388

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

Seller’s Loan History

Lender

Cedar Rapids State Bank

Loan start date

October 2020

Original loan amount

$412,000

Est. remaining balance

$374,692

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Lindsey Lee Peterson and Austin Finch

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 7:10 AM

Listing updated: 11/11/2024 at 12:50 PM

Listed by: Anne Stuart Mitchener, Dickens Mitchener & Associates Inc Phone #: (704) 342-1000

MLS: CanopyMLS #4186101

CanopyMLS logo

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