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$225,000

Beds
3
Baths
1.0
sq ft
860

2630 Druid Hills Way, Charlotte, NC 28206

2630 Druid Hills Way

Charlotte, NC 28206

  • 15 days on market
Fantastic opportunity for investors. No HOA or rental restrictions. Once updated, this property would be an excellent RentalAirbnb/VRBO. Home is close to Camp North End, NC Music Factory, NoDa, Plaza Midwood, Johnson C. Smith University and Uptown! Just a few minutes away from I85 & Highway 77. Less than 10 minutes from Center City! Private lot and storage shed on back of property will convey. Home sold AS-IS. Homes nearby are pushing $600-700k sales prices! Great investment opportunity -- come check it out today..

Details

Property type

Single Family Residence

Est. home value

$266,916

Lot size

Unknown

Price per sq ft

$262

Year built

1951

Price History

12/06/2024
CanopyMLS

CanopyMLS #4205213

Listed
$225,000
-13.46%
06/16/2022
CanopyMLS

CanopyMLS #3852874

Sold
$260,000

Schools & Community

Neighborhood: 

Druid Hills South

Elementary school: 

Druid Hills

Middle school: 

Druid Hills Academy

High school: 

West Charlotte

Community features: 

None

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

$19,471
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$187,529
Cash to seller
$19,471

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

May 2022

Original loan amount

$195,000

Est. remaining balance

$187,529

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Holly Oreilly

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: 12/22/2024 at 3:50 AM

Listing updated: 12/19/2024 at 5:05 AM

Listed by: Niki Neel, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4205213

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