tomo logo

$230,000

Beds
2
Baths
1.5
sq ft
929

7049 Somerset Springs Drive, Charlotte, NC 28262

7049 Somerset Springs Drive

Charlotte, NC 28262

  • 19 days on market
Thoroughly renovated, enjoy this single-story end-unit condo nestled in a quaint courtyard, just minutes from the University Area, Belgate Shopping Center, I-85, & Uptown Charlotte. Multiple details have been thoughtfully updated to create an elegant & inviting atmosphere: fresh neutral paint, luxury vinyl plank flooring, cordless 2” blinds, & modern light fixtures. Elevated tray ceilings in living room & primary bedroom add a touch of sophistication. The sunlit kitchen boasts freshly painted cabinets, quartz countertops, an oversized sink, & brand-new SS LG appliances. Enjoy a private rear patio refreshed w garden pavers & flowers. Bathrooms feature new vanities, toilets, & a tub with tile surround. The spacious hall bath includes w/d. ADT security system installed for peace of mind. New HVAC installed in 2024. Almost every feature of this home has been enhanced, making it the perfect choice for buyers seeking a move-in ready residence that exudes style, comfort, & convenience.

Details

Property type

Condominium

Est. home value

$185,024

Lot size

Unknown

Price per sq ft

$248

Year built

2005

Monthly HOA fee

$177.52

Price History

09/05/2024
CanopyMLS

CanopyMLS #4178238

Listed
$230,000
+24.32%
11/21/2023
CanopyMLS

CanopyMLS #4070829

Sold
$185,000

Schools & Community

Neighborhood: 

Mineral Springs-Rumble Road

Elementary school: 

Governors Village

Middle school: 

Governors Village

High school: 

Julius L. Chambers

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

$46,450
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$165,150
Cash to seller
$46,450

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

Seller’s Loan History

Lender

Greenstate Cu

Loan start date

November 2023

Original loan amount

$166,500

Est. remaining balance

$165,150

Interest rate

7.19%

Loan type

New Conventional, 30 year

Seller

Elena N Whitt

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: 09/18/2024 at 9:45 PM

Listing updated: 09/15/2024 at 2:14 PM

Listed by: Denise Cochran, Allen Tate SouthPark Phone #: (704) 364-6400

MLS: CanopyMLS #4178238

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