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$220,000

Beds
1
Baths
1.0
sq ft
620

2518 Cranbrook Lane, Charlotte, NC 28207

2518 Cranbrook Lane

Charlotte, NC 28207

  • Pending
    • Price drop $5,000↓
First Floor unit no stairs direct access .EXCEPTIONAL OPPORTUNITY for investors and first-time home buyers alike! This meticulously maintained one bedroom, one bathroom condo, located in a prime location, offers an array of desirable features. Updated bathroom and kitchen .AND brand-new roof. Nestled across the street from Briar Creek Green way and close proximity to hospitals, shopping centers, and a variety of restaurants offers unparalleled convenience and a vibrant lifestyle. But the perks don't stop there! The seller replaced the HVAC in 2022. Seller leaving the fridge,washer and dryer Newly renovated clubhouse, gym and pool.Seller will consider a interest rate buy down or sellers paid closing costs with the right offer Schedule your showing today!!

Details

Property type

Condominium

Est. home value

$230,209

Lot size

Unknown

Price per sq ft

$355

Year built

1986

Monthly HOA fee

$365

Price History

03/18/2025
CanopyMLS

CanopyMLS #4205626

Pending
$220,000
03/15/2025
CanopyMLS

CanopyMLS #4205626

Price change
$220,000
-2.22%
12/06/2024
CanopyMLS

CanopyMLS #4205626

Listed
$225,000
+20.97%

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

$81,241
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$121,159
Cash to seller
$81,241

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

July 2020

Original loan amount

$134,732

Est. remaining balance

$121,159

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Ashelyn N James

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: Pending/Under Contract

Tomo last checked: 04/01/2025 at 2:00 PM

Listing updated: 03/18/2025 at 6:34 PM

Listed by: Peter Hatheway, RE/MAX Executive Phone #: (704) 405-8800

MLS: CanopyMLS #4205626

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