tomo logo

$394,711Estimated home value

Beds
2
Baths
1.0
sq ft
1,003

2831 Cowles Road, Charlotte, NC 28208

2831 Cowles Road

Charlotte, NC 28208

  • Sold On 10/23/2024
**Back on the market, Priced to sell** Newly renovated two bedroom ranch available for immediate move-in. Located less than two miles from South End and Uptown, this prime location offers convenience and accessibility. Close proximity to Revolution Park Athletic Fields, Golf Course & Irwin Creek Greenway. Privacy is guaranteed with a spacious .63-acre lot. The home boasts exquisite details such as an updated driveway and patio made with belgard pavers, a front porch adorned with travertine pavers, cedar wood posts, and shingles. Inside, the open concept living room features a built-in TV and fireplace. The kitchen is equipped with quartz countertops and stainless steel appliances, along with a cozy breakfast nook. The custom full bath is adorned with luxurious marble tile throughout the walls, complete with a walk-in shower. Additionally, the extra multipurpose space offers endless possibilities for use. Don't miss out on this exceptional property. The HVAC unit was replace Aug 2023.

Details

Property type

Single Family Residence

Est. home value

$394,711

Lot size

Unknown

Price per sq ft

$300

Year built

1948

Price History

10/23/2024
CanopyMLS

CanopyMLS #4177886

Sold
$290,000
-3.33%
09/12/2024
CanopyMLS

CanopyMLS #4177886

Pending
$300,000
08/28/2024
CanopyMLS

CanopyMLS #4177886

Listed
$300,000
-9.77%

Schools & Community

Neighborhood: 

Revolution Park

Elementary school: 

Unspecified

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

$51,021
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$224,979
Cash to seller
$51,021

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$240,000

Est. remaining balance

$224,979

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Phillip Harris and Frances Harris

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: Off Market

Tomo last checked: 11/03/2024 at 8:50 AM

Listing updated: 10/24/2024 at 12:12 AM

Listed by: Sabian Culbreth, Equity North Carolinas Real Estate, LLC Phone #: (704) 491-2207

MLS: CanopyMLS #4177886

CanopyMLS logo

Recently listed in Charlotte