tomo logo

$281,000

Beds
3
Baths
2.0
sq ft
1,075

440 Frank Drive, Charlotte, NC 28215

440 Frank Drive

Charlotte, NC 28215

  • 83 days on market
    • Price drop $5,000↓
A comfortable 3 Beds 2 Full baths , 1-story ranch w/wood burning stove in the LR, C/Air w/gas warm air. Beautiful hardwood floors throughout. Long Driveway - parking for 4+ . Attached utility room that will provide for lots of storage. Electric Washer & Dryer connections in the kitchen. Electric Range and refrigerator, lots of New cabinet storage in the kitchen and an abundance of closet space. . You must tour this home to fully appreciate all it has to offer. The neighborhood is very quiet and peaceful with beautiful seasoned landscape and curb appeal.

Details

Property type

Single Family Residence

Est. home value

$232,533

Lot size

Unknown

Price per sq ft

$262

Year built

1958

Price History

09/18/2024
CanopyMLS

CanopyMLS #4172042

Price change
$281,000
-1.75%
08/15/2024
CanopyMLS

CanopyMLS #4172042

Listed
$286,000
+120%
08/27/2019
CanopyMLS

CanopyMLS #3520237

Sold
$130,000

Schools & Community

Neighborhood: 

Plaza-Eastway

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

$153,361
Asking price
$281,000
Closing costs (~8% of asking)
-$22,480
Est. remaining loan balance
-$105,159
Cash to seller
$153,361

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

Seller’s Loan History

Lender

Potomac Mortgage Group Llc

Loan start date

August 2019

Original loan amount

$117,216

Est. remaining balance

$105,159

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Chu Chu

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: 11/05/2024 at 1:45 AM

Listing updated: 09/20/2024 at 11:34 PM

Listed by: Paul Sum, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: CanopyMLS #4172042

CanopyMLS logo

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