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$1,500,000

Beds
4
Baths
3.5
sq ft
3,750

5527 Camelot Drive, Charlotte, NC 28270

5527 Camelot Drive

Charlotte, NC 28270

  • 22 days on market
    • Price drop $75,000↓
Nestled on a quiet side street in Providence Plantation, this remarkable home offers an ideal layout for both entertaining and comfortable everyday living. The main floor boasts a private office, formal living and dining rooms, and a spacious open-concept kitchen, breakfast room, and family room with easy access to the backyard. Upstairs you will find an oversized primary suite with hardwood floors and three walk in closets, as well as three secondary bedrooms, Jack & Jill bathroom and spacious bonus room/fifth bedroom. The fully fenced backyard is a true retreat, complete with an expansive covered patio, a charming screened porch, saltwater pool, pool bathroom, outdoor kitchen with a built-in gas line for grilling, outdoor refrigerator, outdoor shower, wood-burning fireplace, large flat yard, play area, shed, and greenhouse. Additional upgrades including new Marvin windows, gutter guards, and a Tesla charger make this home truly exceptional- offering everything you need!

Details

Property type

Single Family Residence

Est. home value

$1,096,003

Lot size

Unknown

Price per sq ft

$400

Year built

1994

Monthly HOA fee

$6.67

Price History

11/14/2024
CanopyMLS

CanopyMLS #4196313

Price change
$1,500,000
-4.76%
11/02/2024
CanopyMLS

CanopyMLS #4196313

Listed
$1,575,000
+114.29%
03/23/2020
CanopyMLS

CanopyMLS #3589628

Sold
$735,000

Schools & Community

Neighborhood: 

Providence Plantation

Elementary school: 

Providence Spring

Middle school: 

Crestdale

High school: 

Providence

Community features: 

Clubhouse, Playground, Tennis Court(s)

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

$742,334
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$637,666
Cash to seller
$742,334

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$686,250

Est. remaining balance

$637,666

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Christian Krobisch and Melissa Hayes

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: 11/22/2024 at 1:20 AM

Listing updated: 11/17/2024 at 3:14 PM

Listed by: Kim Grace, Coldwell Banker Realty Phone #: (704) 541-5111

MLS: CanopyMLS #4196313

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