tomo logo

$279,000

Beds
1
Baths
1.0
sq ft
581

300 West 5th Street Unit 250, Charlotte, NC 28202

300 West 5th Street Unit 250

Charlotte, NC 28202

  • 56 days on market
    • Price drop $16,000↓
    • Open house Jul 06
This cozy studio unit has the most INCREDIBLE view of 5th & Poplar's beautiful 1 acre courtyard w/ the city in the background! Enjoy the privacy of living at the end of the hallway while being near the elevator that takes you directly down to Harris Teeter. Freshly painted interior; new lighting throughout, spacious closet, wood cabinets, granite countertops, stainless steel appliances (all appliances to stay) & built-in murphy bed; Seller paid home warranty (up to $600) & a $2500 flooring allowance w/ acceptable offer . Amenities include 24 hour concierge, resort style pool, 1 full acre courtyard, workout facility, fireside terrace, cyber cafe', clubhouse, putting green, pet park & gated, assigned parking. AND Harris Teeter is located IN YOUR BUILDING - just an elevator ride away! Close to sporting events, countless dining options, nightlife, & more. What an amazing opportunity to live at one of the most coveted 4th Ward complexes at such a great price! Don't miss it!

Details

Property type

Condominium

Est. home value

$289,375

Lot size

Unknown

Price per sq ft

$481

Year built

2002

HOA

Yes

Price History

06/25/2024
CanopyMLS

CanopyMLS #4133559

Price change
$279,000
-5.42%
06/10/2024
CanopyMLS

CanopyMLS #4133559

Price change
$295,000
-3.28%
05/10/2024
CanopyMLS

CanopyMLS #4133559

Listed
$305,000

Schools & Community

Neighborhood: 

Fourth Ward

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Clubhouse, Fitness Center, Gated, Sidewalks, Street Lights

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

$46,050
Asking price
$279,000
Closing costs (~8% of asking)
-$22,320
Est. remaining loan balance
-$210,630
Cash to seller
$46,050

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

Seller’s Loan History

Lender

Sofi Lending Corp

Loan start date

August 2021

Original loan amount

$224,500

Est. remaining balance

$210,630

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Todd Trimakas and Julia P Trimakas

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: Active

Tomo last checked: 07/02/2024 at 6:55 PM

Listing updated: 07/01/2024 at 5:43 PM

Listed by: Jenny Hodges, Yancey Realty, LLC Phone #: (704) 577-9055

MLS: CanopyMLS #4133559

CanopyMLS logo

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