tomo logo

$425,000

Beds
2
Baths
2.5
sq ft
1,002

1509 Briar Creek Road Unit B, Charlotte, NC 28205

1509 Briar Creek Road Unit B

Charlotte, NC 28205

  • 38 days on market
This fully renovated Plaza Midwood townhome is a rare find! Midwood Place is a special enclave of duplex townhomes that were fully overhauled inside & out in 2019. Large fenced yard, open floorplan, tons of natural light, & fabulous storage. This well appointed unit features stone counters, modern cabinets, ss appliances, large pantry & island seating. Cozy up in the living room w/ fireplace & french doors & plenty of space to entertain or bring the party outside to the paver patio & fully fenced yard. 2 en-suite bedrooms on 2nd level. The primary bedroom features w generous bath & custom closet. Upgraded laminate floors on both levels. 2019 renovations included roof, siding, windows, fence, and all interior spaces. Just a short jaunt to the shops, restaurants and all the Plaza Midwood fun. **Seller is willing to pay for a 2/1 interest rate buydown to reduce the buyers rate 2% in the first year & 1% in year 2. Also property eligible for BofA and PNC homebuyer grants.

Details

Property type

Townhouse

Est. home value

$391,371

Lot size

Unknown

Price per sq ft

$425

Year built

1988

Monthly HOA fee

$175

Price History

02/21/2025
CanopyMLS

CanopyMLS #4210985

Listed
$425,000
+9.68%
09/05/2023
CanopyMLS

CanopyMLS #4049912

Sold
$387,500

Schools & Community

Neighborhood: 

Briarcreek-Woodland

Elementary school: 

Merry Oaks

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

$86,013
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$304,987
Cash to seller
$86,013

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

September 2023

Original loan amount

$310,000

Est. remaining balance

$304,987

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Grace Howard

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: 03/30/2025 at 8:55 PM

Listing updated: 03/15/2025 at 2:10 PM

Listed by: Jill Miller, Helen Adams Realty Phone #: (704) 375-8598

MLS: CanopyMLS #4210985

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