tomo logo

$650,000

Beds
2
Baths
2.5
sq ft
1,618

400 North Church Street Unit 201, Charlotte, NC 28202

400 North Church Street Unit 201

Charlotte, NC 28202

  • 54 days on market
    • Price drop $10,000↓
Beautiful end unit condo in the heart of Fourth Ward. Convenient access to restaurants, sporting events, and entertainment. Wall to Wall large windows provide an abundance of natural light throughout the open floor plan. The kitchen is one to be seen with a subzero refrigerator and wine cooler, a professional Viking gas cooktop, oven and microwave. Don’t forget the built in Miele coffee/espresso maker with warming drawer, Silestone countertops and cherry cabinets. Additional upgrades in this unit include nest thermostats, custom closets, and automatic shades throughout. Finally spend time outside with two spacious balconies one on the main level and one attached to the primary bedroom. Condo comes with one parking space and one storage space.

Details

Property type

Condominium

Est. home value

$617,238

Lot size

Unknown

Price per sq ft

$402

Year built

1997

Monthly HOA fee

$613

Price History

06/13/2024
CanopyMLS

CanopyMLS #4133037

Price change
$650,000
-1.52%
05/10/2024
CanopyMLS

CanopyMLS #4133037

Listed
$660,000
+5.6%
08/01/2023
CanopyMLS

CanopyMLS #4030609

Sold
$625,000

Schools & Community

Neighborhood: 

Fourth Ward

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Fitness Center

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

$209,863
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$388,137
Cash to seller
$209,863

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

August 2023

Original loan amount

$392,000

Est. remaining balance

$388,137

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Melissa Lingafeldt and Seth Lingafeldt

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?

Similar Homes Nearby

Price drop
CanopyMLS
$625,000
2 bd
|
2.5 ba
|
1,755 sq ft
|
Condo

400 North Church Street Unit 206, Charlotte, NC 28202

Price drop
CanopyMLS
$595,000
2 bd
|
2.5 ba
|
1,459 sq ft
|
Condo

201 Grandin Road Unit 6, Charlotte, NC 28208

CanopyMLS
$620,000
2 bd
|
2 ba
|
1,080 sq ft
|
Condo

210 North Church Street Unit 1101, Charlotte, NC 28202

Status: Active

Tomo last checked: 07/02/2024 at 7:35 PM

Listing updated: 06/13/2024 at 10:13 AM

Listed by: Sumer Woods, 5 Points Realty Phone #: (704) 332-3320

MLS: CanopyMLS #4133037

CanopyMLS logo

Recently listed in Charlotte

$599,000|3 bd|2.5 ba|House
$237,000|2 bd|1.0 ba|House
$1,000,000|5 bd|4.0 ba|House
$325,000|2 bd|2.5 ba|Condo