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$250,000

Beds
1
Baths
1.0
sq ft
647

525 North Graham Street Unit 1D, Charlotte, NC 28202

525 North Graham Street Unit 1D

Charlotte, NC 28202

  • 97 days on market
    • Price drop $5,000↓
In the heart of Uptown’s Fourth Ward, this one-bedroom unit, on the sought-after ground-floor, has easy access to community amenities. The updated kitchen, with new oven and dishwasher, has granite countertops and a beautiful backsplash. Featured in the great room are engineered hardwoods, a wood-burning fireplace, and a large sliding door leading to a covered patio with a storage closet. The unit is freshly painted throughout, and the heat pump was replaced in 2021. New roof 2024 & new safety sprinklers in the complex. Washer/Dryer and refrigerator will convey. Assigned parking space #126. Great amenities, fitness center/clubhouse, outdoor pool, fire pit & grilling areas. Walk to all the uptown events, bars, shopping, restaurants, and greenways. Convenient to light rail, highways, and a short commute to the airport.

Details

Property type

Condominium

Est. home value

$260,117

Lot size

Unknown

Price per sq ft

$387

Year built

1990

Monthly HOA fee

$345

Price History

05/20/2024
CanopyMLS

CanopyMLS #4123639

Price change
$250,000
-1.96%
03/29/2024
CanopyMLS

CanopyMLS #4123639

Listed
$255,000
+31.27%
02/12/2021
CanopyMLS

CanopyMLS #3680159

Sold
$194,250

Schools & Community

Neighborhood: 

Fourth Ward

Elementary school: 

First Ward

Middle school: 

Sedgefield

High school: 

Myers Park

Community features: 

Clubhouse, Fitness Center, Sidewalks

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

$55,958
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$174,042
Cash to seller
$55,958

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

February 2021

Original loan amount

$188,350

Est. remaining balance

$174,042

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Nicholas Stenborg

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: Active

Tomo last checked: 07/04/2024 at 11:50 PM

Listing updated: 06/15/2024 at 3:13 PM

Listed by: Molly Zostant, ProStead Realty Phone #: (704) 333-8905

MLS: CanopyMLS #4123639

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