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$200,000

Beds
1
Baths
1.0
sq ft
678

636 Chipley Avenue Unit 1, Charlotte, NC 28205

636 Chipley Avenue Unit 1

Charlotte, NC 28205

  • 55 days on market
    • Price drop $2,500↓
Welcome to Birch Landing & 636 Chipley Avenue #1, a beautiful end unit condo with RARE 230 sq ft unfinished storage room addition, nestled in the Echo Hills community of East Charlotte! This charming home presents an excellent opportunity for those seeking modern comfort & urban convenience. With 1 bed/1 bath, this contemporary-designed condo features all new vinyl windows w/lifetime warranty (except storage room); sleek cabinets w/frosted glass; concrete & laminate floors; granite countertops; SS appliances; tile backsplash; full bath w/tiled floor & tub surround; spacious primary; & more. Lots of possible potential in the unfinished storage area, accessible from separate outside entrance beside unit. Property is conveniently located to Charlotte's vibrant city center, Uptown (under 5 miles); popular neighborhoods like Plaza Midwood, Elizabeth, & Oakhurst; & just around the corner from Ovens Auditorium, Bojangles Coliseum, & Vaulted Oak Brewing.

Details

Property type

Condominium

Est. home value

$220,785

Lot size

Unknown

Price per sq ft

$295

Year built

1970

Monthly HOA fee

$293.75

Price History

05/31/2024
CanopyMLS

CanopyMLS #4137032

Price change
$200,000
-1.23%
05/17/2024
CanopyMLS

CanopyMLS #4137032

Listed
$202,500
+52.83%
10/22/2020
CanopyMLS

CanopyMLS #3659036

Sold
$132,500

Schools & Community

Neighborhood: 

Coliseum Drive

Elementary school: 

Oakhurst Steam Academy

Middle school: 

Eastway

High school: 

Garinger

Community features: 

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

$68,335
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$115,665
Cash to seller
$68,335

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

October 2020

Original loan amount

$125,800

Est. remaining balance

$115,665

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

James Kenneth Reynolds Iii

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 7:05 PM

Listing updated: 06/30/2024 at 3:03 PM

Listed by: Jason Morton, Premier South Phone #: (704) 829-3518

MLS: CanopyMLS #4137032

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