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$455,881Estimated home value

Beds
2
Baths
2.0
sq ft
1,087

501 Olmsted Park Place Unit K, Charlotte, NC 28203

501 Olmsted Park Place Unit K

Charlotte, NC 28203

  • Sold On 9/24/2024
Welcome to Olmsted Park! This quiet top floor, TWO story unit is in the center of it all. This home features a spacious and bright living room with cathedral ceilings, a relaxing screened in back porch, front deck, fresh paint, new flooring throughout and much more! Each floor has its own large bedroom and bathroom, perfect for a seperate office, guest room, or a roommate. The second floor primary bedroom features a cozy reading nook and skylight. This is one of the largest units in Olmsted Park. Enjoy the community pool, clubhouse, and all Southend has to offer just blocks away!

Details

Property type

Condominium

Est. home value

$455,881

Lot size

Unknown

Price per sq ft

$401

Year built

1991

Monthly HOA fee

$299

Price History

09/23/2024
CanopyMLS

CanopyMLS #4168508

Sold
$425,000
-2.3%
08/22/2024
CanopyMLS

CanopyMLS #4168508

Pending
$435,000
08/08/2024
CanopyMLS

CanopyMLS #4168508

Listed
$435,000
-3.12%

Schools & Community

Neighborhood: 

Dilworth

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Clubhouse

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

$189,075
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$211,125
Cash to seller
$189,075

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

March 2017

Original loan amount

$247,500

Est. remaining balance

$211,125

Interest rate

4.19%

Loan type

New Conventional, 30 year

Seller

Frank R Linner and Dana Linner

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: Off Market

Tomo last checked: 10/01/2024 at 7:05 AM

Listing updated: 09/24/2024 at 7:24 PM

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

MLS: CanopyMLS #4168508

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