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$2,075,000

Beds
5
Baths
4.5
sq ft
4,765

705 Mcalway Road, Charlotte, NC 28211

705 Mcalway Road

Charlotte, NC 28211

  • 49 days on market
    • Price drop $25,000↓
Welcome home to this impeccable new construction in the highly sought-after community of Cotswold. This luxury three-story home has the perfect combination of traditional & modern. Walk inside to the elegant foyer & dedicated main floor office, featuring a full bath. The open living room, with built-in cabinetry, looks over the stunning chef’s kitchen. In the heart of the house, the gourmet kitchen features quartz countertops, Thermador gas range, & large professional series built-in refrigerator. Just past the walk-in pantry, you will find a dedicated drop zone & built-in dog zone! The second floor offers 5 bedrooms & 3 bathrooms, including the stunning primary spa-like bath & large walk-in closet. Continue upstairs to find 3 additional bonus spaces & a half bath, equipped with a bar & beverage fridge. This space makes for the perfect media room, office, playroom, or entertainment area. Unwind on the covered back deck with built-in fireplace, overlooking the fenced-in yard.

Details

Property type

Single Family Residence

Est. home value

$462,549

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$436

Year built

2024

Price History

12/04/2024
CanopyMLS

CanopyMLS #4197097

Price change
$2,075,000
-1.19%
11/16/2024
CanopyMLS

CanopyMLS #4197097

Listed
$2,100,000
+430.3%
05/25/2023
CanopyMLS

CanopyMLS #4007293

Sold
$396,000

Schools & Community

Neighborhood: 

Wendover-Sedgewood

Elementary school: 

Billingsville / Cotswold

Middle school: 

Alexander Graham

High school: 

Myers Park

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lima One Capital Llc

Loan start date

May 2023

Original loan amount

$1,066,350

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Commercial, 2 year

Seller

Cygnus Construction Llc and Verawood Group Llc

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: 12/22/2024 at 4:20 AM

Listing updated: 12/14/2024 at 3:10 PM

Listed by: Sami Clubb, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4197097

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