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$450,000

Beds
3
Baths
1.0
sq ft
1,517

1712 Umstead Street, Charlotte, NC 28205

1712 Umstead Street

Charlotte, NC 28205

  • 13 days on market
    • Price drop $25,000↓
Rare opportunity to purchase 2 adjacent lots in the Villa Heights/Belmont area that are zoned N2-B. Because they are side by side, they could be combined to have approximately .40 acre and 100' total of road frontage which makes multi-family stacked development a possibility for this location. Conveniently located within minutes of Uptown, NODA, Midwood, Optimist Park, Greenway Trails, Lynx Light Rail, restaurants and breweries , retail and so much more. 1712 Umstead and 1716 Umstead to be sold together only. Owner will not sell them separately and all zoning information to be verified by the buyer.

Details

Property type

Single Family Residence

Est. home value

$530,255

Lot size

Unknown

Price per sq ft

$297

Year built

1922

Price History

09/10/2024
CanopyMLS

CanopyMLS #4180658

Price change
$450,000
-5.26%
09/06/2024
CanopyMLS

CanopyMLS #4180658

Listed
$475,000

Schools & Community

Neighborhood: 

Belmont

Elementary school: 

Villa Heights

Middle school: 

Eastway

High school: 

Garinger

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Regions Bank

Loan start date

May 2004

Original loan amount

$148,000

Est. remaining balance

Not provided

Interest rate

5.52%

Loan type

Not Provided

Seller

Eugene Milburn Davant Jr and Tracey T Davant

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 12:50 PM

Listing updated: 09/10/2024 at 10:04 AM

Listed by: Amanda Clark, RE/MAX Executive Phone #: (704) 540-7500

MLS: CanopyMLS #4180658

CanopyMLS logo

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