tomo logo

$460,000

Beds
2
Baths
2.0
sq ft
1,160

405 West 7th Street Unit 304, Charlotte, NC 28202

405 West 7th Street Unit 304

Charlotte, NC 28202

  • 44 days on market
Prime 4th Ward Living – 2 Bed/2 Bath Midrise Condo!Convenience meets comfort in this ideally located unit. Across the street from Harris Teeter, CVS, and dedicated garage parking for residents, everything you need is at your doorstep. The split-bedroom floor plan offers privacy, and the living room opens onto a private balcony. Enjoy LVP floors throughout—no carpet! Rooftop patio for grilling and gathering. Secure lobby entrance, elevator access, and right across from 4th Ward Park, perfect for relaxing or walking your dog. Don’t miss out on this perfect urban retreat!

Details

Property type

Condominium

Est. home value

$406,024

Lot size

Unknown

Price per sq ft

$397

Year built

1999

Monthly HOA fee

$353

Price History

10/05/2024
CanopyMLS

CanopyMLS #4186589

Listed
$460,000
09/18/2024
CanopyMLS

CanopyMLS #4158168

Removed
$460,000
07/20/2024
CanopyMLS

CanopyMLS #4158168

Price change
$460,000
+5.75%

Schools & Community

Neighborhood: 

Fourth Ward

Elementary school: 

First Ward

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

$316,697
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$106,503
Cash to seller
$316,697

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2015

Original loan amount

$232,000

Est. remaining balance

$106,503

Interest rate

2.99%

Loan type

New Conventional, 16 year

Seller

Simon Girma and Lianhua Shen

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: 11/19/2024 at 8:30 AM

Listing updated: 10/21/2024 at 10:10 AM

Listed by: Michelle Powers, Redfin Corporation Phone #: (877) 973-3346

MLS: CanopyMLS #4186589

CanopyMLS logo

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