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$525,000

Beds
2
Baths
2.5
sq ft
1,172

1576 Cleveland Avenue, Charlotte, NC 28203

1576 Cleveland Avenue

Charlotte, NC 28203

  • 27 days on market
Discover your opportunity to live in the heart of Dilworth! Just a short walk to vibrant Southend, with the Dowd , scenic parks, trendy restaurants, and a lively selection of breweries all nearby, 1576 Cleveland offers an unbeatable location. This move-in-ready property boasts custom paintwork, gleaming hardwood floors, sleek stainless steel appliances, and a private backyard retreat. Whether you're seeking a comfortable home or a prime investment, this gem is ready to impress. Don't miss out on this chance to make it yours!

Details

Property type

Condominium

Est. home value

$491,909

Lot size

Unknown

Price per sq ft

$448

Year built

1997

Monthly HOA fee

$350

Price History

10/11/2024
CanopyMLS

CanopyMLS #4190717

Listed
$525,000
+40%
06/12/2020
CanopyMLS

CanopyMLS #3614361

Sold
$375,000

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

$367,834
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$115,166
Cash to seller
$367,834

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

May 2017

Original loan amount

$135,000

Est. remaining balance

$115,166

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Robert B Fauntleroy Jr

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: 11/08/2024 at 11:35 AM

Listing updated: 10/30/2024 at 12:10 PM

Listed by: Matthew Means, COMPASS Phone #: (704) 234-7880

MLS: CanopyMLS #4190717

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