tomo logo

$295,000

Beds
2
Baths
2.0
sq ft
985

416 West 8th Street, Charlotte, NC 28202

416 West 8th Street

Charlotte, NC 28202

  • <1 day on market
Newly staged and shows beautifully! This charming 2-story floorplan in Historic 4th Ward features a seasonal, city view from the Primary Suite and upstairs balcony. The condo overlooks a serene park-like setting and is just a short distance to 4th Ward Park. Freshly painted with hardwood down, tile baths, vinyl wood tone flooring upstairs plus granite counters, stainless appliances and maple cabinetry. An abundance of natural light flows through multiple sliding doors leading to two enclosed patios and a charming upstairs balcony off of the Primary suite. Walk-in closet space and an outdoor storage closet. Off-street parking includes one assigned spot in lot. Be sure to check it out! Well maintained with new HVAC in 2023 and Water heater replaced in 2019.

Details

Property type

Condominium

Est. home value

$355,028

Lot size

Unknown

Price per sq ft

$300

Year built

1982

Monthly HOA fee

$201.5

Price History

11/15/2024
CanopyMLS

CanopyMLS #4200649

Listed
$295,000
-4.84%
11/12/2024
CanopyMLS

CanopyMLS #4141960

Removed
$310,000
10/16/2024
CanopyMLS

CanopyMLS #4141960

Price change
$310,000
-4.62%

Schools & Community

Neighborhood: 

Fourth Ward

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

$164,767
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$106,633
Cash to seller
$164,767

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

Seller’s Loan History

Lender

Dover Mortgage Co

Loan start date

April 2007

Original loan amount

$167,600

Est. remaining balance

$106,633

Interest rate

6.14%

Loan type

Not Provided, 30 year

Seller

Christopher L Gerbino and Meredith A Gerbino

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: 11/15/2024 at 7:55 PM

Listing updated: 11/15/2024 at 5:24 PM

Listed by: Cara Shields, Helen Adams Realty Phone #: (704) 375-8598

MLS: CanopyMLS #4200649

CanopyMLS logo

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