tomo logo

$800,000

Beds
3
Baths
2.0
sq ft
1,511

1720 Chatham Avenue, Charlotte, NC 28205

1720 Chatham Avenue

Charlotte, NC 28205

  • 55 days on market
This is a perfect opportunity to invest in the Plaza Midwood Area with a tenant in place for a year who would like to stay for more! This Midwood Ranch is surrounded by new homes that are well over $1.6M! Whether you are looking for a place to call home for yourself, or whether you are looking to find a place to build your dream home, look no further! This home features lovely hardwood floors, formal dining room, updated kitchen with stainless appliances, granite countertops, recessed & pendant lighting, huge primary suite, laundry room, & more. The exterior is charming with a covered front porch, fenced yard, & a huge updated patio overlooking your rear yard, fire pit patio, & storage building! From this home take a quick golf cart or bike ride to Charlotte Country Club, Moo & Brew, Thomas Street Tavern, Resident Culture Brewing, & countless other Plaza Midwood staples! For more information on the current rent & tenant plans, please call listing agent. Do not disturb the tenant.

Details

Property type

Single Family Residence

Est. home value

$776,817

Lot size

Unknown

Price per sq ft

$530

Year built

1949

Price History

07/24/2024
CanopyMLS

CanopyMLS #4164401

Listed
$800,000
+45.48%
01/22/2021
CanopyMLS

CanopyMLS #3672142

Sold
$549,900
+15.16%
05/06/2019
CanopyMLS

CanopyMLS #3488688

Sold
$477,500

Schools & Community

Neighborhood: 

Plaza Midwood

Elementary school: 

Shamrock Gardens

Middle school: 

Eastway

High school: 

Garinger

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

$256,076
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$479,924
Cash to seller
$256,076

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

January 2021

Original loan amount

$522,405

Est. remaining balance

$479,924

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Matthew Marsolais and Meghan Marsolais

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: 09/17/2024 at 11:25 PM

Listing updated: 07/26/2024 at 12:35 PM

Listed by: Samuel Grogan, Coldwell Banker Realty Phone #: (704) 541-5111

MLS: CanopyMLS #4164401

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