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$1,199,000

Beds
4
Baths
3.5
sq ft
2,393

624 South Torrence Street, Charlotte, NC 28204

624 South Torrence Street

Charlotte, NC 28204

  • 96 days on market
    • Price drop $51,000↓
Amazing, one of a kind custom-built modern home in Cherry! Open floor plan. Large bedrooms including main level guest bedroom with full bath, Hardwood floors throughout. Granite countertops. Picture windows for tons of natural light. Open staircase with iron railing. Second floor balcony in the front and spacious deck with gas connection in the back. Dual AC units, one for upstairs and one for downstairs, and AC unit in the garage to cool garage for home gym or recreation space. Convenient Midtown location and so much more!

Details

Property type

Single Family Residence

Est. home value

$919,487

Lot size

Unknown

Price per sq ft

$502

Year built

2020

Price History

06/25/2024
CanopyMLS

CanopyMLS #4123459

Price change
$1,199,000
-4.08%
06/04/2024
CanopyMLS

CanopyMLS #4123459

Price change
$1,250,000
-7.41%
05/10/2024
CanopyMLS

CanopyMLS #4123459

Price change
$1,350,000
-6.9%

Schools & Community

Neighborhood: 

Cherry

Elementary school: 

Eastover

Middle school: 

Sedgefield

High school: 

Myers Park

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

$831,999
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$271,081
Cash to seller
$831,999

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

Seller’s Loan History

Lender

Allied Mortgage Group Inc

Loan start date

February 2022

Original loan amount

$285,000

Est. remaining balance

$271,081

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Zane Chiad

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: 07/02/2024 at 7:30 PM

Listing updated: 06/25/2024 at 9:13 AM

Listed by: Rob Smith, RDS Real Estate LLC Phone #: (980) 505-9933

MLS: CanopyMLS #4123459

CanopyMLS logo

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