tomo logo

$739,000

Beds
5
Baths
2.0
sq ft
2,145

2404 East 7th Street, Charlotte, NC 28204

2404 East 7th Street

Charlotte, NC 28204

  • 60 days on market
    • Price drop $10,000↓
Discover this charming well-maintained 1933 DUPLEX with an ideal blend of vintage charm and modern comfort with a rocking chair front porch. Duplex can be zoned as single-family with in-law suite per the county. Located within a mile from restaurants, Bojangles Coliseum and two colleges; King's College Charlotte and Central Piedmont Community College. Upstairs unit features a 2-bed, 1-bath with a spacious kitchen and living room, granite countertops and hardwood flooring throughout. Downstairs unit features 3-bed 1-bath with a spacious kitchen with granite countertops and stainless steel appliances, formal dining area and relaxing living room. Ideal for multi-generational families, merging households, rental investors, or anyone looking to gradually build their investment portfolio. Don't miss out on this Charlotte Gem! Also listed as a multi-family in MLS # 4114488

Details

Property type

Single Family Residence

Est. home value

$865,539

Lot size

Unknown

Price per sq ft

$345

Year built

1933

Price History

06/18/2024
CanopyMLS

CanopyMLS #4136188

Price change
$739,000
-1.34%
05/16/2024
CanopyMLS

CanopyMLS #4136188

Price change
$749,000
-3.23%
05/03/2024
CanopyMLS

CanopyMLS #4136188

Listed
$774,000
+87.86%

Schools & Community

Neighborhood: 

Elizabeth

Elementary school: 

Eastover

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

$469,992
Asking price
$739,000
Closing costs (~8% of asking)
-$59,120
Est. remaining loan balance
-$209,888
Cash to seller
$469,992

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

Seller’s Loan History

Lender

Towne Bank Mortgage

Loan start date

January 2017

Original loan amount

$247,000

Est. remaining balance

$209,888

Interest rate

3.94%

Loan type

New Conventional, 30 year

Seller

Robin M Wellington and Timothy R Eiserie

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: 07/02/2024 at 7:05 PM

Listing updated: 06/18/2024 at 8:53 AM

Listed by: Melanie Romano, Coldwell Banker Realty Phone #: (704) 987-0123

MLS: CanopyMLS #4136188

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