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$480,000

Beds
2
Baths
2.0
sq ft
985

1617 Arnold Drive, Charlotte, NC 28205

1617 Arnold Drive

Charlotte, NC 28205

  • 7 days on market
Welcome to 1617 Arnold Drive, a beautifully updated and move-in-ready home in the heart of the Merry Oaks area of Charlotte! This delightful 2-bedroom, 2-bathroom home combines classic appeal with modern conveniences. Its massive open concept kitchen boasts stainless steel appliances, a large walk-around island, sleek countertops, and ample cabinetry, making it both functional and perfect for large gatherings. With two generous bedrooms and two beautifully updated bathrooms, this home is move in ready! Enjoy entertaining on the multi-tiered deck with plenty of rooms for large gatherings and grilling. This home puts you close to all Plaza Midwood has to offer, being just minutes away from some of the best dining and nightlife in the area!

Details

Property type

Single Family Residence

Est. home value

$437,554

Lot size

Unknown

Price per sq ft

$488

Year built

1949

Price History

11/15/2024
CanopyMLS

CanopyMLS #4200462

Listed
$480,000
+39.13%
04/20/2021
CanopyMLS

CanopyMLS #3714677

Sold
$345,000
+113.62%
08/30/2016
CanopyMLS

CanopyMLS #3185738

Sold
$161,500

Schools & Community

Neighborhood: 

Country Club Heights

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

$171,095
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$270,505
Cash to seller
$171,095

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

April 2021

Original loan amount

$293,250

Est. remaining balance

$270,505

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Khalid Shahin

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?

Status: Active

Tomo last checked: 11/22/2024 at 1:35 AM

Listing updated: 11/15/2024 at 1:50 PM

Listed by: Jenn Davis, Real Broker, LLC Phone #: (919) 348-2585

MLS: CanopyMLS #4200462

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