tomo logo

$750,000

Beds
5
Baths
4.0
sq ft
2,948

7026 Walnut Branch Lane, Charlotte, NC 28277

7026 Walnut Branch Lane

Charlotte, NC 28277

  • 32 days on market
    • Price drop $10,000↓
This home in the highly sought-after Rea Farms community is fantastic! With 5 bedrooms and 4 bathrooms, it’s perfect for a large family or hosting guests. The excellent schools and convenient access to I-485, Waverly shopping centers, restaurants and Rea Farms STEAM Academy in a walkable distance. The welcoming front porch and excellent floorplan with a formal dining room, living room, and open kitchen design are standout features. The kitchen is a dream with its island/bar, tile backsplash, gas stove, ample cabinets, and a walk-in pantry. The great room with a gas fireplace adds a cozy touch. The master bedroom is luxurious, featuring a second gas fireplace and a sitting area. The master bathroom includes a garden tub and shower, vanities, and a huge walk-in closet. The covered back patio/porch and detached rear load garage are great additions. The home comes with energy-saving appliances and AI-enabled smart lights, making it not only luxurious but also modern and eco-friendly.

Details

Property type

Single Family Residence

Est. home value

$750,657

Lot size

Unknown

Price per sq ft

$255

Year built

2018

Monthly HOA fee

$106

Price History

09/08/2024
CanopyMLS

CanopyMLS #4171550

Price change
$750,000
-1.32%
08/15/2024
CanopyMLS

CanopyMLS #4171550

Listed
$760,000

Schools & Community

Neighborhood: 

Providence Crossing

Elementary school: 

Polo Ridge

Middle school: 

Rea Farms STEAM Academy

High school: 

Ardrey Kell

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

$398,825
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$291,175
Cash to seller
$398,825

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

Seller’s Loan History

Lender

Kwik Mortgage Corp

Loan start date

December 2020

Original loan amount

$365,000

Est. remaining balance

$291,175

Interest rate

2.32%

Loan type

New Conventional, 16 year

Seller

Anitha Nara and Ramesh Pemasani Srinivasalu

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: 09/16/2024 at 4:25 PM

Listing updated: 09/08/2024 at 5:53 PM

Listed by: Usha Lnu, KPMS L.L.C. Phone #: (704) 303-1021

MLS: CanopyMLS #4171550

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