tomo logo

$779,000

Beds
5
Baths
3.0
sq ft
3,216

5118 Rounding Run Road, Charlotte, NC 28277

5118 Rounding Run Road

Charlotte, NC 28277

  • 9 days on market
Golf Course Living In Raintree! This Is The Move-In Ready Beauty In Sought After Raintree That You’ve Been Waiting For! Discover an incredible opportunity to own a home on the golf course in the highly sought-after Raintree Community! Situated on a prime flat lot with golf course views on the North 8th Fairway & offers a serene setting with endless possibilities. Wood floors on the main level, living room w/inset lighting & vaulted ceiling, updated kitchen w/granite tops, gas range, separate refrigerator & freezer. Home features Primary BR on the main w/very large custom closet & cedar cabinet, updated primary bath w/split dual vanities, Garden Tub & large walk-in shower. Large laundry room on main, Oversize great room w/golf course views, lots of natural light. Wonderful back deck for outdoor living! This Home Allows The Owner To Join Raintree CC w/No Initiation Fee. Prime Location – Top Rated Schools. Do NOT Wait On This One – Bring Your Offer Today! Priced Right For Quick Sale.

Details

Property type

Single Family Residence

Est. home value

$709,443

Lot size

Unknown

Price per sq ft

$243

Year built

1973

Monthly HOA fee

$31.25

Price History

02/13/2025
CanopyMLS

CanopyMLS #4222866

Listed
$779,000
+141.93%
12/31/2014
CanopyMLS

CanopyMLS #3003855

Sold
$322,000

Schools & Community

Neighborhood: 

Rain Tree

Elementary school: 

Olde Providence

Middle school: 

South Charlotte

High school: 

Providence

Community features: 

Clubhouse, Fitness Center, Golf, Playground, Sidewalks, Street Lights, Tennis Court(s)

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

$664,799
Asking price
$779,000
Closing costs (~8% of asking)
-$62,320
Est. remaining loan balance
-$51,881
Cash to seller
$664,799

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

Seller’s Loan History

Lender

Branch Banking & Trust Company

Loan start date

January 2000

Original loan amount

$148,000

Est. remaining balance

$51,881

Interest rate

7.75%

Loan type

Not Provided, 30 year

Seller

James Michael Richardson

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: 02/22/2025 at 9:40 PM

Listing updated: 02/15/2025 at 9:20 AM

Listed by: Monte Grandon, ERA Live Moore Phone #: (704) 393-0048

MLS: CanopyMLS #4222866

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