tomo logo

$995,000

Beds
3
Baths
2.0
sq ft
1,893

5431 Park Road, Charlotte, NC 28209

5431 Park Road

Charlotte, NC 28209

  • 9 days on market
Prime development opportunity in the SouthPark area! This .61 acre usable flat lot currently zoned for N1-A offers endless potential for developers and builders in a highly desirable location. Build your own custom residential project on the perfect canvas located in a sought-after area with convenient access to major roads, shopping, restaurants, and amenities! Home being sold at no value. This lot is ready for your vision, don't miss out on this rare opportunity!

Details

Property type

Single Family Residence

Est. home value

$662,867

Lot size

Unknown

Price per sq ft

$526

Year built

1962

Price History

12/12/2024
CanopyMLS

CanopyMLS #4205433

Listed
$995,000
+232.22%
02/23/2018
CanopyMLS

CanopyMLS #3348919

Sold
$299,500

Schools & Community

Neighborhood: 

Barclay Downs

Elementary school: 

Selwyn

Middle school: 

Alexander Graham

High school: 

Myers Park

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

$615,664
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$299,736
Cash to seller
$615,664

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2020

Original loan amount

$330,600

Est. remaining balance

$299,736

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Peter Cunningham and Mariia Cunningham

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: 12/21/2024 at 11:05 PM

Listing updated: 12/13/2024 at 5:05 AM

Listed by: Rory Cummins, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4205433

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