tomo logo

$425,000

Beds
2
Baths
2.5
sq ft
1,370

547 Old Mill Road, Charlotte, NC 28206

547 Old Mill Road

Charlotte, NC 28206

  • 104 days on market
    • Price drop $35,000↓
Motivated Seller, Price of property has been reduced to sell! Please reach out to listing agent with any questions. Rare Opportunity to own this wonderful townhome unit in the rapidly growing NoDa Area, minutes from uptown Charlotte, and Charlotte's International airport. Convenient light rail access for your commute uptown for work, or the endless entertainment and dining options Charlotte Metro has to offer. Entire home features new carpet, fresh paint and luxurious finishes to compliment all 1300+ square feet of the townhome. Main floor features a large island, stainless steel appliances and sleek countertops. Why settle for one of the many new apartments in the NoDa area, when you could own this gem. Property is also investor friendly due to high demand in the area.

Details

Property type

Townhouse

Est. home value

$578,438

Lot size

Unknown

Price per sq ft

$311

Year built

2019

Monthly HOA fee

$278

Price History

03/17/2025
CanopyMLS

CanopyMLS #4207664

Price change
$425,000
-7.61%
01/15/2025
CanopyMLS

CanopyMLS #4207664

Price change
$460,000
-7.82%
12/16/2024
CanopyMLS

CanopyMLS #4207664

Listed
$499,000

Schools & Community

Neighborhood: 

Optimist Park

Elementary school: 

Villa Heights

Middle school: 

Eastway

High school: 

Garinger

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

$200,219
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$190,781
Cash to seller
$200,219

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

Seller’s Loan History

Lender

Nvr Mortgage Finance Inc

Loan start date

June 2020

Original loan amount

$212,325

Est. remaining balance

$190,781

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Nikole Fatimah Parramore

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: 03/30/2025 at 9:15 PM

Listing updated: 03/17/2025 at 12:20 PM

Listed by: Jeremy Worthy, Worthy & Associates Real Estate LLC Phone #: (704) 441-7840

MLS: CanopyMLS #4207664

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