tomo logo

$255,000

Beds
2
Baths
2.5
sq ft
1,181

2856 Summergrove Court, Matthews, NC 28105

2856 Summergrove Court

Matthews, NC 28105

  • 11 days on market
    • Price drop $5,000↓
This charming townhouse is ideal for first-time homeowners or savvy investors seeking a prime rental property! Located just 10 minutes from Uptown, it offers unbeatable convenience near breweries, restaurants, shopping, entertainment, and scenic parks. Outdoor enthusiasts will love the nearby bike trail, and sports fans will appreciate the short distance to Bank of America Stadium, home of the Carolina Panthers. The community features a relaxing pool and well-maintained common areas, adding to its appeal for both personal living or potential tenants. For frequent travelers, the airport is just 20 minutes away, with vibrant NoDa only 15 minutes and the historic Dilworth neighborhood just 18 minutes from home. This townhouse is a fantastic opportunity for both new homeowners and investors looking to capitalize on a prime location with excellent rental potential!

Details

Property type

Townhouse

Est. home value

$244,926

Lot size

Unknown

Price per sq ft

$216

Year built

2003

Monthly HOA fee

$255

Price History

11/04/2024
CanopyMLS

CanopyMLS #4193813

Price change
$255,000
-1.92%
10/25/2024
CanopyMLS

CanopyMLS #4193813

Listed
$260,000
+79.31%
11/27/2018
CanopyMLS

CanopyMLS #3439012

Sold
$145,000

Schools & Community

Neighborhood: 

Marshbrooke

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

$105,700
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$128,900
Cash to seller
$105,700

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2022

Original loan amount

$142,750

Est. remaining balance

$128,900

Interest rate

3.45%

Loan type

New Conventional, 20 year

Seller

Jeremiah Davis

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: 11/04/2024 at 11:25 PM

Listing updated: 11/04/2024 at 1:19 PM

Listed by: Michael Guerra, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4193813

CanopyMLS logo

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