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$515,000

Beds
2
Baths
2.0
sq ft
1,235

287 Mcdonald Avenue, Charlotte, NC 28203

287 Mcdonald Avenue

Charlotte, NC 28203

  • 27 days on market
Welcome to this beautifully updated 2-bedroom, 2-bathroom condo, where modern elegance meets comfort and convenience. This stunning home features an updated kitchen, complete with sleek countertops, and stainless steel appliances, perfect for culinary enthusiasts. Both bathrooms have been tastefully renovated, with modern fixtures and finishes. Enjoy year-round comfort with a brand-new HVAC system, ensuring optimal temperature control throughout the seasons. The open-concept living and dining areas provide a spacious and inviting atmosphere, ideal for entertaining guests or unwinding after a long day. With its own outside entry, this condo provides added privacy and ease of access. Conveniently located near shopping, dining, and public transportation, this condo offers the perfect blend of style, convenience, and comfort. Don’t miss the opportunity to make this your new home!

Details

Property type

Condominium

Est. home value

$502,035

Lot size

Unknown

Price per sq ft

$418

Year built

2007

Monthly HOA fee

$540

Price History

08/22/2024
CanopyMLS

CanopyMLS #4176114

Listed
$515,000
+27.95%
05/26/2021
CanopyMLS

CanopyMLS #3694496

Sold
$402,500

Schools & Community

Neighborhood: 

Dilworth

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

$110,235
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$363,565
Cash to seller
$110,235

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2021

Original loan amount

$390,425

Est. remaining balance

$363,565

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Trey Mitchell Cherry

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: 09/18/2024 at 9:40 PM

Listing updated: 08/23/2024 at 9:05 AM

Listed by: Brad Blumer, Mark Spain Real Estate Phone #: (704) 992-7000

MLS: CanopyMLS #4176114

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