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$399,000

Beds
2
Baths
1.0
sq ft
914

225 Flint Street, Charlotte, NC 28216

225 Flint Street

Charlotte, NC 28216

  • 76 days on market
    • Price drop $200,000↓
Prime location in the heart of West End/Biddleville neighborhood. Just a short walk to center city, the gold line light rail & Rosa Park Farmers Market. I-85&77 & CLT airport are short drives. New grocery store concept CS @ Trade & 5th St. Seasonal views of the Charlotte skyline are spectacular and could be even better on new construction rooftops. New construction is booming around the neighborhood with like required residential structures. With the 6/2023 zoning change to "Neighborhood Center (NC)", multifamily 5 or more is required if only residential units are developed. Residential & commercial is also possible under NC. Structure on property CANNOT be torn down and rebuilt a SFR. The existing structure is "grandfathered" in and additions or updates or limited. Adjacent property at 227 Flint is also for sale as seller are anticipating both parcels to sell and combine to create highest and best use of property. Together these 2 parcels are .28 acres, so much to imagine here.

Details

Property type

Single Family Residence

Est. home value

$371,935

Lot size

Unknown

Price per sq ft

$437

Year built

1900

Price History

09/27/2024
CanopyMLS

CanopyMLS #4179878

Price change
$399,000
-33.39%
09/06/2024
CanopyMLS

CanopyMLS #4179878

Listed
$599,000
+134.9%
06/19/2020
CanopyMLS

CanopyMLS #3616723

Sold
$255,000

Schools & Community

Neighborhood: 

Biddleville

Elementary school: 

Bruns Avenue

Middle school: 

Ranson

High school: 

West Charlotte

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

$148,786
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$218,294
Cash to seller
$148,786

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2020

Original loan amount

$242,250

Est. remaining balance

$218,294

Interest rate

3.23%

Loan type

New Conventional, 29 year

Seller

Dillon Winters and Stephen Winters

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: 11/22/2024 at 12:45 AM

Listing updated: 09/27/2024 at 9:36 AM

Listed by: Charles Berry, Coldwell Banker Realty Phone #: (704) 364-3300

MLS: CanopyMLS #4179878

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