tomo logo

$150,000

Beds
2
Baths
1.0
sq ft
862

3120 Minnesota Road, Charlotte, NC 28208

3120 Minnesota Road

Charlotte, NC 28208

  • <1 day on market
Discover this 2 bed, 1 bath condo in a quiet, up and coming neighborhood right outside Camp Greene, just 5 minutes from Uptown Charlotte! Conveniently located near dining, shopping, and major highways, this property offers easy access to everything Charlotte has to offer. The HOA replaced the roof in 2022, and with no rental cap, this is a fantastic opportunity for investors looking for a rental property with unlimited potential. It’s also a great option for buyers seeking an affordable home in a developing area. As Charlotte continues to grow, properties like this are becoming harder to find. Don’t miss out! Schedule your showing today!

Details

Property type

Condominium

Est. home value

$171,665

Lot size

Unknown

Price per sq ft

$175

Year built

1954

Monthly HOA fee

$257

Price History

03/08/2025
CanopyMLS

CanopyMLS #4231697

Listed
$150,000
+42.86%
07/14/2020
CanopyMLS

CanopyMLS #3455424

Sold
$105,000

Schools & Community

Neighborhood: 

Ashley Park

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

$112,467
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$25,533
Cash to seller
$112,467

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

Seller’s Loan History

Lender

Southtrust Mtg Corp

Loan start date

February 2001

Original loan amount

$65,960

Est. remaining balance

$25,533

Interest rate

6.89%

Loan type

FHA, 30 year

Seller

Vera W Mosely

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: 03/09/2025 at 9:55 AM

Listing updated: 03/09/2025 at 6:05 AM

Listed by: Kristina Burdette, Northstar Real Estate, LLC Phone #: (704) 817-2080

MLS: CanopyMLS #4231697

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