tomo logo

$305,000

Beds
1
Baths
1.5
sq ft
730

1501 Cleveland Avenue Unit B, Charlotte, NC 28203

1501 Cleveland Avenue Unit B

Charlotte, NC 28203

  • 130 days on market
    • Price drop $10,000↓
Must see 1st floor condo in the heart of the highly desirable Dilworth neighborhood, minutes from uptown Charlotte and South End. Walkable to the Lightrail. Move in ready. Walk into the spacious main living room. Next the dining room is perfect for hosting gatherings. Kitchen is located at the back w/ butcher block counters, stainless steel appliances and tile backsplash. Elegant owner's suite w/ en-suite bath. Washer and Dryer convey. Great Charlotte location within walking distance to shopping & many South End restaurants! Don't miss out on this great opportunity to own in one of the best locations in the city!

Details

Property type

Condominium

Est. home value

$334,779

Lot size

Unknown

Price per sq ft

$418

Year built

1926

Monthly HOA fee

$328.3

Price History

12/19/2024
CanopyMLS

CanopyMLS #4171830

Price change
$305,000
-3.17%
10/11/2024
CanopyMLS

CanopyMLS #4171830

Price change
$315,000
-4.55%
10/09/2024
CanopyMLS

CanopyMLS #4171830

Removed
$330,000

Schools & Community

Neighborhood: 

Dilworth

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$64,755
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$215,845
Cash to seller
$64,755

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2021

Original loan amount

$232,750

Est. remaining balance

$215,845

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Daniel John Lee

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: 12/21/2024 at 10:45 PM

Listing updated: 12/19/2024 at 12:54 PM

Listed by: Dawon Millwood, Millwood Homes Inc Phone #: (704) 488-6129

MLS: CanopyMLS #4171830

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