tomo logo

$885,000

Beds
4
Baths
3.0
sq ft
2,754

7111 Folger Drive, Charlotte, NC 28270

7111 Folger Drive

Charlotte, NC 28270

  • 27 days on market
    • Price drop $14,900↓
Lansdowne living at it's best!! This charming home is beautifully renovated and filled with inviting spaces and natural light. Gleaming hardwoods and wide staircases allow for seamless living and entertaining. With 4 bedrooms, 3 full baths, an office, generous family room, screened porch, and patio- there is plenty of space to enjoy! Large, private, 1/2 acre lot with mature landscaping. Dedicated laundry/mudroom with storage. 2022 updates include- kitchen remodel, secondary bath upstairs renovated, new flooring throughout downstairs. New HVAC and furnace in 2023. Conveniently located with quick access to SouthPark, Cotswold, and Matthews, and a short commute Uptown! Walk to Lansdowne Elementary, close to several private schools. Don't miss this one!

Details

Property type

Single Family Residence

Est. home value

$822,231

Lot size

Unknown

Price per sq ft

$322

Year built

1961

Price History

07/02/2024
CanopyMLS

CanopyMLS #4146233

Price change
$885,000
-1.66%
06/13/2024
CanopyMLS

CanopyMLS #4146233

Price change
$899,900
-2.71%
06/06/2024
CanopyMLS

CanopyMLS #4146233

Listed
$925,000
+23.33%

Schools & Community

Neighborhood: 

Lansdowne

Elementary school: 

Lansdowne

Middle school: 

McClintock

High school: 

East Mecklenburg

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

$475,909
Asking price
$885,000
Closing costs (~8% of asking)
-$70,800
Est. remaining loan balance
-$338,291
Cash to seller
$475,909

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

May 2022

Original loan amount

$350,000

Est. remaining balance

$338,291

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Jon Anthony Rousseau and Jessica Rousseau

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 7:40 PM

Listing updated: 07/02/2024 at 11:43 AM

Listed by: Kristin Trapp, ERA Live Moore Phone #: (704) 393-0048

MLS: CanopyMLS #4146233

CanopyMLS logo

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