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$225,000

Beds
3
Baths
2.5
sq ft
1,180

5334 Esther Lane, Charlotte, NC 28214

5334 Esther Lane

Charlotte, NC 28214

  • 8 days on market
Investment Opportunity: Well-Maintained Townhouse 3 Bedrooms, 2.5 Baths Single Car Garage New Water Heater and HVAC (2023) Granite Countertops in Kitchen Laminate Flooring Throughout Tenant Occupied Until 5/31/2025. Tenant has never been late. Rent guaranteed by contributing organization. ($1700/mo) This property is sold as is. Don't miss out on this excellent investment opportunity! Showings to Begin Monday.

Details

Property type

Townhouse

Est. home value

$213,081

Lot size

Unknown

Price per sq ft

$191

Year built

2002

Monthly HOA fee

$27

Price History

02/14/2025
CanopyMLS

CanopyMLS #4206864

Listed
$225,000
+82.93%
10/16/2020
CanopyMLS

CanopyMLS #3657241

Sold
$123,000

Schools & Community

Neighborhood: 

Westchester

Elementary school: 

Whitewater Academy

Middle school: 

Whitewater

High school: 

West Mecklenburg

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

$118,091
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$88,909
Cash to seller
$118,091

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

Seller’s Loan History

Lender

Summit Funding Inc

Loan start date

October 2020

Original loan amount

$98,400

Est. remaining balance

$88,909

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Shannon Jamal Slayton Sr and Arionne Slayton

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: 02/23/2025 at 4:45 AM

Listing updated: 02/15/2025 at 12:49 PM

Listed by: Arionne Slayton, Coldwell Banker Realty Phone #: (803) 326-1600

MLS: CanopyMLS #4206864

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