tomo logo

$410,000

Beds
1
Baths
1.0
sq ft
846

435 South Tryon Street Unit 608, Charlotte, NC 28202

435 South Tryon Street Unit 608

Charlotte, NC 28202

  • 135 days on market
    • Price drop $10,000↓
Welcome to The Ratcliffe, an iconic luxury building in Uptown Charlotte! The Ratcliffe is a well-maintained condominium that is connected to the Wells Fargo building and The Green. It’s the only residential building that is connected to the Overstreet Mall, which allows for easy access to restaurants, retail and entertainment that our city has to offer! Unit 608 is turnkey ready for its new owner. This unit greets you with 9.5 foot ceilings and an open floor plan, making it cozy and comfortable. Features include a gas fireplace, walk-in pantry, ample storage space in the kitchen, gas range, stainless steel appliances, built-in closets in the primary bedroom, a garden tub, and more! Refrigerator, washer and dryer will convey with the property. Some photos are virtually staged.

Details

Property type

Condominium

Est. home value

$418,652

Lot size

Unknown

Price per sq ft

$485

Year built

2002

Monthly HOA fee

$469

Price History

11/08/2024
CanopyMLS

CanopyMLS #4154634

Price change
$410,000
-2.38%
09/28/2024
CanopyMLS

CanopyMLS #4154634

Price change
$420,000
-2.33%
07/11/2024
CanopyMLS

CanopyMLS #4154634

Listed
$430,000

Schools & Community

Neighborhood: 

Downtown Charlotte

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

$107,950
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$269,250
Cash to seller
$107,950

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$297,000

Est. remaining balance

$269,250

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Sterling Lawrence Davon Tay Morris Ii

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: 11/14/2024 at 5:15 AM

Listing updated: 11/08/2024 at 3:04 PM

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

MLS: CanopyMLS #4154634

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