tomo logo

$950,000

Beds
4
Baths
3.0
sq ft
2,590

2625 Commonwealth Avenue, Charlotte, NC 28205

2625 Commonwealth Avenue

Charlotte, NC 28205

  • Coming soon
Discover the ultimate blend of modern convenience & timeless charm in this beautifully renovated craftsman bungalow, just a 10 min walk to Plaza Midwood w/numerous restaurants, shops, breweries, & easy access to Uptown. This home boasts a private, fenced lot, perfect for outdoor entertaining w/inviting front & back covered porches and a cozy outdoor fireplace. A rare oversized two-car garage offers ample storage above, which can finished into add’l flex space. Step inside to find a stylish updates to include coffered ceiling, arched openings & hardwood floors thru-out. Kitchen features island w/seating & gas cooking, seamlessly opens to the dining & backyard, ideal for gatherings. Main floor primary suite offers custom walk-in closet, tray ceiling & bath w/oversized shower. There is an add’l bedroom on main & 2 secondary bedrooms upstairs along w/ a fantastic bonus flex area. Experience the best of both worlds with a location that combines neighborhood charm and modern amenities.

Details

Property type

Single Family Residence

Est. home value

$1,011,545

Lot size

Unknown

Price per sq ft

$367

Year built

1940

Price History

02/12/2020
CanopyMLS

CanopyMLS #3592570

Sold
$670,000

Schools & Community

Neighborhood: 

Commonwealth

Elementary school: 

Oakhurst Steam Academy

Middle school: 

Eastway

High school: 

Garinger

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

$403,543
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$470,457
Cash to seller
$403,543

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

Seller’s Loan History

Lender

Intercontinental Capital Group Inc

Loan start date

October 2021

Original loan amount

$502,611

Est. remaining balance

$470,457

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Richard George Mack Ii and Brittany Barbara Mack

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: Coming Soon

Tomo last checked: 09/19/2024 at 8:00 PM

Listing updated: 09/19/2024 at 5:14 PM

Listed by: Shelley Spencer, Allen Tate SouthPark Phone #: (704) 364-6400

MLS: CanopyMLS #4185181

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