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$283,782Estimated home value

Beds
2
Baths
2.0
sq ft
910

2500 Cranbrook Lane, Charlotte, NC 28207

2500 Cranbrook Lane

Charlotte, NC 28207

  • Sold On 3/25/2024
Charming light filled 2 bed 2 bath end unit ground floor condo in the heart of Elizabeth. No stairs to enter this beautiful home with open floorplan and updated kitchen. Kitchen with stainless steel appliances, stone countertops and white painted cabinets. Dining area leading to living room and outdoor living. Owners suite with new carpet, vanity and large walk in closet. Secondary bedroom with walk in closet and room to work from home. Secondary bath with new vanity. Covered outdoor patio with sliders from living room and owners suite. Location is close to restaurants and nightlife. Easy commute to uptown, interstate and Presbyterian Hospital. Pool, fitness center, clubhouse and water bill included in HOA dues. New roof in 2023.

Details

Property type

Condominium

Est. home value

$283,782

Lot size

Unknown

Price per sq ft

$336

Year built

1986

Monthly HOA fee

$365

Price History

03/25/2024
CanopyMLS

CanopyMLS #4105155

Sold
$310,000
+1.64%
03/04/2024
CanopyMLS

CanopyMLS #4105155

Pending
$305,000
03/02/2024
CanopyMLS

CanopyMLS #4105155

Listed
$305,000

Schools & Community

Neighborhood: 

Elizabeth

Elementary school: 

Eastover

Middle school: 

Sedgefield

High school: 

Myers Park

Community features: 

Clubhouse, Fitness Center, Street Lights

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

$111,633
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$168,967
Cash to seller
$111,633

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

May 2019

Original loan amount

$189,384

Est. remaining balance

$168,967

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Zachary Brown Sullivan

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: 02/15/2025 at 6:00 PM

Listing updated: 03/25/2024 at 7:06 PM

Listed by: Stevee Baskerville, Helen Adams Realty Phone #: (704) 375-8598

MLS: CanopyMLS #4105155

CanopyMLS logo

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