tomo logo

$450,000

Beds
5
Baths
2.5
sq ft
2,736

605 Lumber Lane, Charlotte, NC 28214

605 Lumber Lane

Charlotte, NC 28214

  • 12 days on market
This 5 bed, 2.5 bath spec home is ready to blow your mind! Just minutes from downtown Charlotte, it’s loaded with all-new stainless steel appliances, an exclusive Bosch dishwasher, and a workstation sink perfect for all your culinary jams. The interior shines with new lighting fixtures, LVP flooring, plush carpet, and a killer stone veneer on the front of the house. Rock on with a new roof (2023) and enjoy your privacy with a fenced backyard. Crank up the smart features with a Nest thermostat, Ring security system, motion-sensing light switches, and a built-in living room speaker system with TV wall mounts, perfect for movie nights or jamming out! 4 out of 5 bedrooms have walk-in closets for all your gear! The seller is throwing in a free 1-year warranty, and all personal property is negotiable.

Details

Property type

Single Family Residence

Est. home value

$430,569

Lot size

Unknown

Price per sq ft

$165

Year built

2012

Monthly HOA fee

$96

Price History

02/12/2025
CanopyMLS

CanopyMLS #4220995

Listed
$450,000
+2.51%
08/29/2024
CanopyMLS

CanopyMLS #4158217

Removed
$439,000
08/14/2024
CanopyMLS

CanopyMLS #4158217

Price change
$439,000
-2.23%

Schools & Community

Elementary school: 

River Oaks Academy

Middle school: 

Coulwood

High school: 

West Mecklenburg

Community features: 

Clubhouse, Playground, Sidewalks, Street Lights

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

$223,616
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$190,384
Cash to seller
$223,616

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

October 2021

Original loan amount

$205,500

Est. remaining balance

$190,384

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Dennis Edward Poteat and Carla N Wondolowski

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?

Similar Homes Nearby

Price drop
CanopyMLS
$468,900
5 bd
|
3 ba
|
2,528 sq ft
|
House

529 Elmwood Pond Court, Charlotte, NC 28214

Price drop
CanopyMLS
$480,000
5 bd
|
3 ba
|
2,454 sq ft
|
House

221 Brenett Francis Court, Charlotte, NC 28214

Price drop
CanopyMLS
$409,500
3 bd
|
2.5 ba
|
2,600 sq ft
|
House

9705 Falling Stream Drive, Charlotte, NC 28214

Status: Active

Tomo last checked: 02/23/2025 at 4:15 AM

Listing updated: 02/22/2025 at 3:10 PM

Listed by: Michael Marrero-Alfaro, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4220995

CanopyMLS logo

Recently listed in Charlotte