tomo logo

$3,400,000

Beds
5
Baths
5.0
sq ft
6,334

5400 Colony Road, Charlotte, NC 28226

5400 Colony Road

Charlotte, NC 28226

  • 83 days on market
    • Price drop $250,000↓
Introducing Casa de Picasso, a home inspired by the timeless elegance of Hamptons style architecture, with a captivating blend of Picasso's unique artistic style and an eclectic twist. Fully renovated to the studs across 2021-2022! Enjoy distinguished features and customizations throughout 6,334 square feet of living space, including 3 ornate fireplaces on the main level, Quartzite sourced from the Amazon, European white oak wood floors throughout, oversized Wolf and Sub-Zero appliances, and artistic light fixtures. The owner’s suite, located on the main level, boasts an immense closet, spa inspired bathroom, and direct access to the outdoor oasis. Ideally crafted for entertainment, with sound sound speakers installed throughout, oversized bonus theatre room complete with a full wet bar, and spectacular outdoor haven for year-round enjoyment with beautifully manicured fruit and vegetable garden, heated pool and exquisite water feature. Central to Country Day School & Providence Day.

Details

Property type

Single Family Residence

Est. home value

$1,898,967

Lot size

Unknown

Price per sq ft

$537

Year built

1990

Monthly HOA fee

$42.92

Price History

05/02/2024
CanopyMLS

CanopyMLS #4127317

Price change
$3,400,000
-6.85%
04/12/2024
CanopyMLS

CanopyMLS #4127317

Listed
$3,650,000
+256.79%
09/26/2019
CanopyMLS

CanopyMLS #3538740

Sold
$1,023,000

Schools & Community

Neighborhood: 

Mountainbrook

Elementary school: 

Sharon

Middle school: 

Carmel

High school: 

Myers Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Discover Bank

Loan start date

February 2022

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

3.22%

Loan type

Stand Alone Second

Seller

Vladimir Razuvanov and Nancy Mabel Almache

Lender

Prosperity Home Mortgage Llc

Loan start date

September 2019

Original loan amount

$318,400

Est. remaining balance

$287,841

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Vladimir Razuvanov and Nancy Mabel Almache

Lender

Prosperity Home Mortgage Llc

Loan start date

August 2019

Original loan amount

$818,400

Est. remaining balance

$740,152

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Vladimir Razuvanov and Nancy Mabel Almache

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: 07/02/2024 at 7:25 PM

Listing updated: 05/15/2024 at 1:34 PM

Listed by: Ryan Palmer, Ivester Jackson Distinctive Properties Phone #: (704) 817-9826

MLS: CanopyMLS #4127317

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