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$3,350,000

Beds
5
Baths
6.0
sq ft
9,628

5527 Carmel Park Drive, Charlotte, NC 28226

5527 Carmel Park Drive

Charlotte, NC 28226

  • 78 days on market
    • Price drop $100,000↓
This custom home is the epitome of luxury, offering 10,151 sqft, full brick home and located in the prestigious Carmel Park neighborhood of SouthPark. Enclosed by a 12-ft brick fence for privacy & security, this estate blends modern elegance with traditional charm. The interior offers a open floor plan with wood floors & spacious living areas. The stylish chef's kitchen, boasts marble countertops, custom cabinets & a striking backsplash outfitted with premium appliances & an oversized island for gatherings. The wine cellar & scullery enhance the entertainment options. The living room, with vaulted ceilings, exposed beams & stone fireplace, offers a blend of sophistication & comfort. The primary suite on the main level features a spa like bathroom with dual rain head showers, floating tub & expansive WIC. The expansive backyard, with a pool is perfect for entertaining. Upstairs introduces additional bedrooms, private bathrooms, theater room and game room. Amazing opportunity!

Details

Property type

Single Family Residence

Est. home value

$3,640,791

Lot size

Unknown

Price per sq ft

$348

Year built

2023

Price History

09/14/2024
CanopyMLS

CanopyMLS #4147134

Price change
$3,350,000
-2.9%
08/20/2024
CanopyMLS

CanopyMLS #4147134

Price change
$3,450,000
-2.82%
07/12/2024
CanopyMLS

CanopyMLS #4147134

Listed
$3,550,000
+1.43%

Schools & Community

Neighborhood: 

Olde Providence North

Elementary school: 

Sharon

Middle school: 

Carmel

High school: 

Myers Park

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

$2,702,425
Asking price
$3,350,000
Closing costs (~8% of asking)
-$268,000
Est. remaining loan balance
-$379,575
Cash to seller
$2,702,425

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

July 2018

Original loan amount

$427,000

Est. remaining balance

$379,575

Interest rate

4.56%

Loan type

New Conventional, 30 year

Seller

Daniel Cosma

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: 09/20/2024 at 4:20 AM

Listing updated: 09/19/2024 at 10:24 AM

Listed by: Liza Caminiti, Ivester Jackson Distinctive Properties Phone #: (704) 817-9826

MLS: CanopyMLS #4147134

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