tomo logo

$239,999

Beds
2
Baths
1.0
sq ft
764

5483 Paulmo Drive, Charlotte, NC 28216

5483 Paulmo Drive

Charlotte, NC 28216

  • 21 days on market
Welcome to this charming 764 sq ft home on a peaceful private drive in Charlotte! This well-maintained 2-bed, 1-bath property combines modern comfort with a convenient location minutes from downtown and I-485. Inside, discover tastefully updated finishes and fixtures throughout the bright, efficient floor plan. Features include a newly installed roof, spacious bedrooms with ample closets, an updated bathroom, and a well-equipped kitchen with dining area. The private drive setting offers tranquility while keeping you close to employment, dining, and entertainment. Perfect for first-time buyers, downsizers, or investors in Charlotte's competitive market. $3500 Seller credit offered! Complete roof replacement 2024!

Details

Property type

Single Family Residence

Est. home value

$223,736

Lot size

Unknown

Price per sq ft

$315

Year built

1946

Price History

02/07/2025
CanopyMLS

CanopyMLS #4218945

Listed
$239,999
+20%
05/23/2023
CanopyMLS

CanopyMLS #4011229

Sold
$200,000
+20.48%
09/14/2020
CanopyMLS

CanopyMLS #3648820

Sold
$166,000

Schools & Community

Neighborhood: 

Firestone-Garden Park

Elementary school: 

Oakdale

Middle school: 

Ranson

High school: 

West Mecklenburg

Community features: 

None

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

$63,973
Asking price
$239,999
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$156,826
Cash to seller
$63,973

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

May 2023

Original loan amount

$160,000

Est. remaining balance

$156,826

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Bryce W Hanover

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: 02/22/2025 at 9:35 PM

Listing updated: 02/18/2025 at 10:09 AM

Listed by: Mills Davis, Coldwell Banker Realty Phone #: (704) 541-5111

MLS: CanopyMLS #4218945

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