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$315,000

Beds
1
Baths
1.0
sq ft
812

718 West Trade Street Unit 510, Charlotte, NC 28202

718 West Trade Street Unit 510

Charlotte, NC 28202

  • 7 days on market
Fantastic opportunity to own in a convenient location with easy access to all that Uptown Charlotte has to offer! Enjoy breathtaking views of the Charlotte skyline from the rooftop terrace, complete with a gas fire pit and grilling area—perfect for relaxation or entertaining. Located on the 5th floor, this unit features an open floor plan and includes a private, covered outdoor balcony space. The kitchen boasts granite countertops & stainless steel appliances, seamlessly flowing into the dining area & bright living room. The primary ensuite offers views of the tree-lined street, a spacious walk-in closet & a double vanity in the bathroom. Also features a versatile flex space, ideal for an office or studio, along with extra storage. Unit is eligible for short term rentals, providing the opportunity for additional income, or enjoy it for yourself while exploring the Fourth Ward w/ walkability to Panthers, FC, Knights & Hornets games in under 15 min! AC in 2021. Includes 1 parking space

Details

Property type

Condominium

Est. home value

$323,144

Lot size

Unknown

Price per sq ft

$388

Year built

2000

Monthly HOA fee

$350

Price History

09/12/2024
CanopyMLS

CanopyMLS #4181366

Listed
$315,000
+5%
03/09/2022
CanopyMLS

CanopyMLS #3825136

Sold
$300,000
+48.15%
06/30/2016
CanopyMLS

CanopyMLS #3184553

Sold
$202,500

Schools & Community

Neighborhood: 

Third Ward

Elementary school: 

First Ward

Middle school: 

Sedgefield

High school: 

Myers Park

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

$75,539
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$214,261
Cash to seller
$75,539

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

March 2022

Original loan amount

$225,250

Est. remaining balance

$214,261

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Bridget Bacon

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?

Status: Active

Tomo last checked: 09/19/2024 at 10:35 PM

Listing updated: 09/16/2024 at 10:14 AM

Listed by: Jamie Milam, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4181366

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