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$865,539Estimated home value

Beds
5
Baths
2.0
sq ft
2,145

2404 East 7th Street, Charlotte, NC 28204

2404 East 7th Street

Charlotte, NC 28204

  • Sold On 1/4/2017
    • Price drop $24,900↓
Adorable, bungalow-style duplex in desirable Elizabeth. Entire exterior recently painted, new landscaping, and expanded gravel parking area. Interior of units are in great condition, which is rare for many duplexes. Both units are tenant-occupied: 1st floor unit until April 30th, 2017 and 2nd floor unit until Nov. 30th, 2016. Great set-up for living in one unit and renting out the other! Zoned R22MF

Details

Property type

Duplex

Est. home value

$865,539

Lot size

6,969 sq ft

Price per sq ft

$199

Year built

1933

Price History

11/04/2024
CanopyMLS

CanopyMLS #4136188

Removed
$674,000
09/08/2024
CanopyMLS

CanopyMLS #4136188

Price change
$674,000
-6.91%
08/20/2024
CanopyMLS

CanopyMLS #4136188

Price change
$724,000
-2.03%

Schools & Community

Neighborhood: 

Elizabeth

Elementary school: 

Eastover

Middle school: 

Alexander Graham

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

$183,536
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$207,464
Cash to seller
$183,536

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

$207,464

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: Off Market

Tomo last checked: 11/05/2024 at 7:00 PM

Listing updated: 12/12/2023 at 7:46 PM

Listed by: Lisa Wilfong, Corcoran HM Properties Phone #: (704) 552-9292

MLS: CanopyMLS #3210694

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