tomo logo

$2,200,000

Beds
4
Baths
3.5
sq ft
5,545

16448 Marvin Road, Charlotte, NC 28277

16448 Marvin Road

Charlotte, NC 28277

  • 12 days on market
A HIDDEN GEM - The Gated Community of Evermay in the Ballantyne Area (only 9 Homes). A Mediterranean Style Home designed and built by a premier custom builder. This 5 Acre Estate is also gated (for those who insist on added Privacy & Security). Welcome Home to the Huge 2 Story Great Room with an Abundance of Windows and beautiful ceiling. Owner's Retreat Features a Double Sided Fireplace, Glamorous Bath with Whirlpool Tub, walk-in shower, 2 walk-in closets And a wall of windows. Kitchen and Keeping Room are perfect for Entertaining with custom cabinets, island with bar, built in Refrigerator, Mexican style tile, trey ceiling and Fireplace (gas & wood burning). The outdoor living possibilities are endless - Covered Pavilion with Grilling Area, Covered Veranda, Artist Studio with a Fireplace, patios, Fountain, mature Fruit Trees - one of the Best Lots in the community! Too many details - archways, loft, custom moldings, volume ceilings, guest suites with private, outside balconies...

Details

Property type

Single Family Residence

Est. home value

$1,964,314

Lot size

Unknown

Price per sq ft

$397

Year built

1997

Monthly HOA fee

$166.67

Price History

09/07/2024
CanopyMLS

CanopyMLS #4180515

Listed
$2,200,000
+83.33%
03/29/2019
CanopyMLS

CanopyMLS #3397652

Sold
$1,200,000

Schools & Community

Neighborhood: 

Ballantyne West

Elementary school: 

Elon Park

Middle school: 

Community House

High school: 

Ardrey Kell

Community features: 

Gated

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

$1,147,131
Asking price
$2,200,000
Closing costs (~8% of asking)
-$176,000
Est. remaining loan balance
-$876,869
Cash to seller
$1,147,131

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

Seller’s Loan History

Lender

Arc Home Llc

Loan start date

February 2021

Original loan amount

$955,000

Est. remaining balance

$876,869

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Nicholas C Melissaris

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: 09/19/2024 at 5:30 PM

Listing updated: 09/08/2024 at 10:14 AM

Listed by: Vernon Jackson, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4180515

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