tomo logo

$455,000

Beds
5
Baths
2.5
sq ft
2,736

605 Lumber Lane, Charlotte, NC 28214

605 Lumber Lane

Charlotte, NC 28214

  • 52 days on market
    • Price drop $10,000↓
PRICE ADJUSTMENT! Move-in ready home in Cedar Mill.Rare 5-BR home.Primary suite on main features garden tub & walk-in shower, dbl. vanity, and walk-in closet.Designer kitchen w/Caesar Stone counters, marble backsplash & appliances new in 2020.Custom quartz & marble stacked stone accent wall.Open to great room w/sliding glass doors to dbl. patio.Upstairs features loft &laundry room. 4 BRs upstairs –2nd primary BR w/large walk-in closet & private door to shared bathroom.3rd & 4th BR's have walk-in closet.New flooring 2020– VP in living areas, upgraded carpet (&pad) on stairs and in BR's. Ceiling fans in all upstairs BR's. Upstairs bath has shower/tub combo & separate double vanity w/marble counter. 2 ½’ blinds. Stacked stone accent in front w/2 car garage.All Ring (security system) and Nest (2) devices remain.Roof new-2023. Heat pump coil replaced 2023.Great amenities-pool, playground, & walking trail. Transferable Choice Home Warranty (good until March 2025) is included.

Details

Property type

Single Family Residence

Est. home value

$430,569

Lot size

Unknown

Price per sq ft

$167

Year built

2012

Monthly HOA fee

$73

Price History

06/17/2024
CanopyMLS

CanopyMLS #4139079

Price change
$455,000
-2.15%
06/02/2024
CanopyMLS

CanopyMLS #4139079

Price change
$465,000
-1.06%
05/20/2024
CanopyMLS

CanopyMLS #4139079

Pending
$470,000

Schools & Community

Elementary school: 

River Oaks Academy

Middle school: 

Coulwood

High school: 

West Mecklenburg

Community features: 

Clubhouse

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

$225,076
Asking price
$455,000
Closing costs (~8% of asking)
-$36,400
Est. remaining loan balance
-$193,524
Cash to seller
$225,076

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

$193,524

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
$409,000
5 bd
|
2.5 ba
|
2,672 sq ft
|
House

6546 Paw Village Road, Charlotte, NC 28214

Price drop
CanopyMLS
$419,900
3 bd
|
2.5 ba
|
2,459 sq ft
|
House

741 Newfound Hollow Drive, Charlotte, NC 28214

CanopyMLS
$395,000
4 bd
|
2.5 ba
|
1,922 sq ft
|
House

2412 Sonoma Valley Drive, Charlotte, NC 28214

Status: Active

Tomo last checked: 07/04/2024 at 11:50 PM

Listing updated: 06/30/2024 at 3:13 PM

Listed by: Susie Masotti, Coldwell Banker Realty Phone #: (704) 364-3300

MLS: CanopyMLS #4139079

CanopyMLS logo

Recently listed in Charlotte