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$259,000

Beds
3
Baths
1.0
sq ft
928

503 Cherry Street, Belmont, NC 28012

503 Cherry Street

Belmont, NC 28012

  • 52 days on market
Step inside this beautifully renovated 3-bedroom, 1-bath ranch, where modern touches bring new life to classic charm. With rich hardwood floors and a contemporary kitchen equipped with stainless steel appliances, this home is perfect for comfortable, move-in-ready living. Located just minutes from downtown Belmont and Mt. Holly, enjoy a vibrant small-town atmosphere with local dining, unique shopping, and community events at your doorstep. Plus, outdoor adventure awaits at the nearby US National Whitewater Center with trails, water sports, and live music. Need place close to school? Belmont Abbey College is just 2 miles away! This is a great spot for anyone seeking a balance of close-to-Charlotte convenience with the perks of a quaint community. Schedule your tour today and see why this Belmont gem is the perfect place to call home!

Details

Property type

Single Family Residence

Est. home value

$245,689

Lot size

Unknown

Price per sq ft

$280

Year built

1962

Price History

11/01/2024
CanopyMLS

CanopyMLS #4196084

Listed
$259,000
+20.47%
11/05/2021
CanopyMLS

CanopyMLS #3774352

Sold
$215,000

Schools & Community

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

$67,939
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$170,341
Cash to seller
$67,939

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

November 2021

Original loan amount

$182,750

Est. remaining balance

$170,341

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Kate Julie Anne Cavazza

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: 12/23/2024 at 4:30 AM

Listing updated: 11/02/2024 at 3:10 PM

Listed by: Justin Butler, Savvy + Co Real Estate Phone #: (704) 330-8326

MLS: CanopyMLS #4196084

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