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$650,000

Beds
3
Baths
4.0
sq ft
2,102

16727 Trace Chain Lane, Charlotte, NC 28278

16727 Trace Chain Lane

Charlotte, NC 28278

  • Pending
Discover your sanctuary in the heart of the Palisades, where over 5 acres of pristine land await with NO HOA restrictions. Step inside to find a newly renovated kitchen, complete with new cabinetry, stainless steel appliances including gas range, and stylish laminate countertops. New vanities in all bathrooms and fresh LVP flooring illuminating key areas. The sunroom serves as a versatile retreat, ideal for both workouts and work-from-home days, while outdoor enthusiasts will appreciate the screened porch and deck. Enjoy the modern convenience of a tankless water heater. Detached 3-car garage offers ample storage and workspace, perfect for hobbies or projects. Evenings are best spent gathered around the fire pit amidst the lush backdrop of the wooded backyard, while the charming gazebo sets the scene for intimate picnics and gatherings. With boundless potential, this property invites you to embrace a lifestyle of comfort, convenience, and endless possibilities. Tons of natural light!!

Details

Property type

Single Family Residence

Est. home value

$702,932

Lot size

Unknown

Price per sq ft

$310

Year built

1978

Price History

07/03/2024
CanopyMLS

CanopyMLS #4149404

Pending
$650,000
06/11/2024
CanopyMLS

CanopyMLS #4149404

Listed
$650,000
+79.31%
03/29/2018
CanopyMLS

CanopyMLS #3264821

Sold
$362,500

Schools & Community

Elementary school: 

Palisades Park

Middle school: 

Southwest

High school: 

Palisades

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

$285,529
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$312,471
Cash to seller
$285,529

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

April 2021

Original loan amount

$355,500

Est. remaining balance

$312,471

Interest rate

3.02%

Loan type

New Conventional, 20 year

Seller

William H Holton Iv and Catherine L Holton

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: Pending/Under Contract

Tomo last checked: 07/04/2024 at 10:50 PM

Listing updated: 07/03/2024 at 7:43 PM

Listed by: Janet Babaa, ProStead Realty Phone #: (704) 333-8905

MLS: CanopyMLS #4149404

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