tomo logo

$825,000

Beds
5
Baths
3.5
sq ft
3,569

5503 Piper Glen Drive, Charlotte, NC 28277

5503 Piper Glen Drive

Charlotte, NC 28277

  • 48 days on market
    • Price drop $50,000↓
Up to $15k buyer incentive for flooring/ updates. Seller is in the process of removing trees, leveling the soil and planting new grass to improve the landscaping in the backyard. Nestled in the prestigious Piper Glen Community, this elegant 5-bedroom, 3.5-bathroom residence offers sophisticated living in one of the area's most desirable neighborhoods. Boasting approximately 3,500 square feet of living space, this home provides ample room for both relaxation and entertaining. The home features classic design elements from the original builder that enhance its spaciousness. The kitchen retains its original charm, presenting a great opportunity for customization and upgrades. PLEASE READ//Notes: The home is habitable - the seller enourages appointments no more photos will be added. Limited Preset ShowingTime Availability: Seller is open to additional days and times. Please request customized dates and times that meet your clients' needs.

Details

Property type

Single Family Residence

Est. home value

$775,275

Lot size

Unknown

Price per sq ft

$232

Year built

1995

Price History

01/20/2025
CanopyMLS

CanopyMLS #4205834

Price change
$825,000
-5.71%
01/20/2025
CanopyMLS

CanopyMLS #4205834

Price change
$875,000
-2.23%
01/10/2025
CanopyMLS

CanopyMLS #4205834

Listed
$895,000

Schools & Community

Neighborhood: 

Piper Glen Estates

Elementary school: 

McAlpine

Middle school: 

South Charlotte

High school: 

South 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

$536,091
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$222,909
Cash to seller
$536,091

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

April 2007

Original loan amount

$356,000

Est. remaining balance

$222,909

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

Rose M Dunn

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 9:15 PM

Listing updated: 02/15/2025 at 8:45 AM

Listed by: Helen Edwards Jackson, UPSURGE Realty Phone #: (980) 224-2386

MLS: CanopyMLS #4205834

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