tomo logo

$549,000

Beds
3
Baths
2.0
sq ft
1,466

2701 Palm Avenue, Charlotte, NC 28205

2701 Palm Avenue

Charlotte, NC 28205

  • Coming soon
Welcome home to 2701 Palm Avenue ! This 3 bed, 2 bath ranch home is located on a large fenced corner lot in a booming area that neighbors Plaza Midwood, NoDa and Villa Heights. Shopping, dining and nightlife abound! Gleaming hardwoods anoint the open floor plan. The newly renovated kitchen boasts a breakfast bar, quartz counter tops, back splash, newer appliances and white cabinets. Light floods the living room through a bay window in the rear of the home.The primary bedroom boasts new paint, new Lifeproof luxury vinyl flooring, a new barn door and a walk-in closet. The secondary bath has newly installed Merola arte tile floors. Washer, dryer and refrigerator are included! Roast smores or enjoy evening libations around the new fire pit area or on the rear patio. New roof installed 1/13/2025!! A move in ready home not to miss!

Details

Property type

Single Family Residence

Est. home value

$488,518

Lot size

Unknown

Price per sq ft

$375

Year built

1955

Price History

07/01/2022
CanopyMLS

CanopyMLS #3858532

Sold
$450,000

Schools & Community

Neighborhood: 

Plaza-Shamrock

Elementary school: 

Shamrock Gardens

Middle school: 

Unspecified

High school: 

Unspecified

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

$84,454
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$420,626
Cash to seller
$84,454

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

June 2022

Original loan amount

$436,500

Est. remaining balance

$420,626

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Jonathan Rush Compton and Rebecca Lynn Compton

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: 01/10/2025 at 1:45 PM

Listing updated: 01/10/2025 at 12:52 PM

Listed by: Amanda Blackburn, Dickens Mitchener & Associates Inc Phone #: (704) 342-1000

MLS: CanopyMLS #4201522

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