tomo logo

$495,000

Beds
4
Baths
3.5
sq ft
2,001

4147 Merlane Drive, Charlotte, NC 28206

4147 Merlane Drive

Charlotte, NC 28206

  • 47 days on market
Introducing 4147 Merlane Drive! Scandinavian Inspired home with a modern touch. Located just North of the NoDa Arts District in North End, 10 to 15 minutes from Center City Charlotte, a few blocks from the Sugar Creek Light Rail Station, and within minutes of all the restaurants, shops, tap rooms and breweries Charlotte and the North Side have to offer. This development overlooks the 73 acre Sugar Creek park with disc golf, basketball and tennis courts. Built in 2020, this 4 bedroom, 3.5 bath home offers an open floor plan, tall ceilings, quartz countertops, custom cabinetry, dual primary bedrooms, and more. Home currently an income producing Airbnb w/option to buy furnished.

Details

Property type

Single Family Residence

Est. home value

$510,750

Lot size

Unknown

Price per sq ft

$248

Year built

2020

Monthly HOA fee

$150

Price History

05/16/2024
CanopyMLS

CanopyMLS #4138008

Listed
$495,000
-1%
02/01/2024
CanopyMLS

CanopyMLS #4077140

Removed
$500,000
12/16/2023
CanopyMLS

CanopyMLS #4077140

Listed
$500,000
+1.01%

Schools & Community

Neighborhood: 

Sugaw Creek-Ritch Ave

Elementary school: 

Highland Renaissance

Middle school: 

Martin Luther King Jr

High school: 

Garinger

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

$83,384
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$372,016
Cash to seller
$83,384

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

October 2021

Original loan amount

$395,000

Est. remaining balance

$372,016

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Andrew Kittle

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: 07/02/2024 at 7:25 PM

Listing updated: 05/21/2024 at 10:43 AM

Listed by: Daniela Osborn, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4138008

CanopyMLS logo

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