tomo logo

$315,000

Beds
1
Baths
1.0
sq ft
731

306 South Cedar Street Unit 10, Charlotte, NC 28202

306 South Cedar Street Unit 10

Charlotte, NC 28202

  • 43 days on market
PRIME LOCATION AND NEWLY RENOVATED! This 1 bed 1 bathroom condo is perfectly situated in Uptown, close to the Bank of America Stadium. The kitchen has been redone and the HVAC unit is from 2024. If you're looking for the best place with great access to nearby entertainment, you must come see this one!

Details

Property type

Condominium

Est. home value

$271,377

Lot size

Unknown

Price per sq ft

$431

Year built

1985

Monthly HOA fee

$230

Price History

11/08/2024
CanopyMLS

CanopyMLS #4198747

Listed
$315,000
+31.25%
03/22/2022
CanopyMLS

CanopyMLS #3829175

Sold
$240,000

Schools & Community

Neighborhood: 

Third Ward

Elementary school: 

Unspecified

Middle school: 

Sedgefield

High school: 

Myers Park

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

$108,167
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$181,633
Cash to seller
$108,167

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

March 2022

Original loan amount

$192,000

Est. remaining balance

$181,633

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

David Marshall Gaddis and Meredith Gallman Gaddis

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: 12/22/2024 at 12:25 AM

Listing updated: 12/21/2024 at 3:10 PM

Listed by: Glenn Bouley, Keller Williams Connected Phone #: (803) 835-2300

MLS: CanopyMLS #4198747

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