tomo logo

$245,000

Beds
2
Baths
2.5
sq ft
1,199

2856 Summergrove Court, Matthews, NC 28105

2856 Summergrove Court

Matthews, NC 28105

  • 30 days on market
$5,000 seller credit offered to help cover closing costs and buy down the interest rate with acceptable offer. 2-Bedroom, 2.5-Bathroom townhouse is ideal for first-time homeowners or investors seeking a prime rental property! Located 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. The community features a relaxing pool and well-maintained common areas, perfect for 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. Bonus Opportunity: Eligible buyers can take advantage of First National Bank's Down Payment Assistance Program and receive $15,000 in forgivable assistance through the Home Ownership Plus loan.

Details

Property type

Townhouse

Est. home value

$244,926

Lot size

Unknown

Price per sq ft

$205

Year built

2003

Monthly HOA fee

$255

Price History

01/07/2025
CanopyMLS

CanopyMLS #4208884

Price change
$245,000
+2.08%
12/22/2024
CanopyMLS

CanopyMLS #4208884

Listed
$240,000
-5.88%
12/05/2024
CanopyMLS

CanopyMLS #4193813

Removed
$255,000

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

$97,408
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$127,992
Cash to seller
$97,408

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

$127,992

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: 01/22/2025 at 5:55 AM

Listing updated: 01/22/2025 at 12:31 AM

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

MLS: CanopyMLS #4208884

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