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$815,000

Beds
4
Baths
4.5
sq ft
4,074

2545 Rea Road, Charlotte, NC 28226

2545 Rea Road

Charlotte, NC 28226

  • 82 days on market
    • Price drop $20,000↓
Seller Financing Available! This beautiful home has over 4,000 sq.ft. and is located in the heart of South Charlotte - just minutes from South Park, the Arboretum, and 20 minutes to Uptown. With 4 Bedrooms and 4.5 Baths, each bedroom has an ensuite and walk-in closets! The architectural detail throughout the home is wonderful. The year round sunroom over looks the private backyard, as well as the oversized deck for outdoor entertaining. Gourmet Kitchen features double ovens, plenty of cabinets, counter space and a large pantry. Formal Dining area and Family room are Transitional and perfect for entertaining or just hanging out. Upstairs is an ideal space for entertaining with the spacious family room and separate wet bar. With so much to offer, this home is a must see!! NO HOA

Details

Property type

Single Family Residence

Est. home value

$820,932

Lot size

Unknown

Price per sq ft

$201

Year built

1999

Price History

01/16/2025
CanopyMLS

CanopyMLS #4196504

Price change
$815,000
-2.4%
11/01/2024
CanopyMLS

CanopyMLS #4196504

Listed
$835,000
+39.4%
12/27/2021
CanopyMLS

CanopyMLS #3796894

Sold
$599,000
+3.53%

Schools & Community

Neighborhood: 

Wessex Square

Elementary school: 

Olde Providence

Middle school: 

Carmel

High school: 

Providence

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

$218,027
Asking price
$815,000
Closing costs (~8% of asking)
-$65,200
Est. remaining loan balance
-$531,773
Cash to seller
$218,027

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

Seller’s Loan History

Lender

T2 Financial Llc

Loan start date

December 2021

Original loan amount

$569,050

Est. remaining balance

$531,773

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Clifton Totherow

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: 01/22/2025 at 8:55 AM

Listing updated: 01/22/2025 at 12:16 AM

Listed by: Clifton Totherow, Better Homes and Garden Real Estate Paracle Phone #: (803) 325-8774

MLS: CanopyMLS #4196504

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