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$691,197Estimated home value

Beds
3
Baths
2.0
sq ft
1,394

1740 Wilmore Drive, Charlotte, NC 28203

1740 Wilmore Drive

Charlotte, NC 28203

  • Sold On 12/29/2022
OPEN HOUSE CANCELLED --- Welcome home to this picture perfect bungalow, located in the heart of the city in the highly desirable Historic Wilmore. Greeted by a covered front porch, once inside you’ll find character, charm, and modern updates run throughout the home. This 3 bed/2 bath ranch features gorgeous wood floors, an open-concept living and dining area, built-ins, a cozy fireplace (decorative only) with an additional flex space that makes for a great home office. Bathrooms and kitchen have gorgeous updates that make this home truly move in ready. Step outside and enjoy the expansive back deck, made for hosting family and friends. This fully fenced in area, over looks a large tree lined area, and feels like a secluded backyard retreat, a rare find in the city. Amazing location with walkability to all that South End offers: light rail, Panthers/Knights stadium, breweries, and Charlotte's most popular dining, shopping, and Uptown. Less than 2 miles to center city!

Details

Property type

Single Family Residence

Est. home value

$691,197

Lot size

7,840 sq ft

Price per sq ft

$467

Year built

1933

Price History

11/16/2024
CanopyMLS

CanopyMLS #4195655

Removed
$775,000
11/01/2024
CanopyMLS

CanopyMLS #4195655

Listed
$775,000
+13.97%
12/28/2022
CanopyMLS

CanopyMLS #3925450

Sold
$680,000
+322.36%

Schools & Community

Neighborhood: 

Wilmore

Elementary school: 

Dilworth

Middle school: 

Sedgefield

High school: 

Myers Park

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

$328,583
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$269,417
Cash to seller
$328,583

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

Seller’s Loan History

Lender

Direct Home Loans Llc

Loan start date

December 2022

Original loan amount

$275,000

Est. remaining balance

$269,417

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Christopher C Chastain and Blaire C Chastain

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: Off Market

Tomo last checked: 11/22/2024 at 7:30 AM

Listing updated: 02/08/2023 at 3:18 PM

Listed by: Christi Mercer, Yancey Realty, LLC Phone #: (704) 577-9055

MLS: CanopyMLS #3925450

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