tomo logo

$548,900

Beds
3
Baths
1.5
sq ft
2,212

720 Peachtree Road, Charlotte, NC 28216

720 Peachtree Road

Charlotte, NC 28216

  • 46 days on market
    • Price drop $1,000↓
Nestled on 2.63 acres, this secluded bungalow offers a private oasis away from the hustle and bustle of city life. A long driveway sets the tone, leading you to the home which is strategically set back from the road to maximize privacy. A must-see large covered front porch wraps around the side of the home, equipped with ceiling fans, offering a serene spot to relax and enjoy the surrounding nature. Step inside to discover the original hardwood floors that add warmth and character to the living spaces. Spacious living room features a large gas log fireplace, perfect for cozy evenings or gathering with friends and family. Each bedroom is uniquely designed, with two of them boasting decorative fireplaces, adding a touch of elegance and charm. A spacious flex area upstairs features brand-new hardwood floors, offering endless possibilities for customization. Discover a hidden gem on the property—a private rustic cabin with electricity and a covered porch. This unique property presents own!

Details

Property type

Single Family Residence

Est. home value

$508,422

Lot size

Unknown

Price per sq ft

$249

Year built

1926

Price History

06/07/2024
CanopyMLS

CanopyMLS #4140597

Price change
$548,900
-0.18%
05/17/2024
CanopyMLS

CanopyMLS #4140597

Listed
$549,900
+92.95%
07/09/2019
CanopyMLS

CanopyMLS #3513002

Sold
$285,000
+6.74%

Schools & Community

Neighborhood: 

Firestone-Garden Park

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$263,702
Asking price
$548,900
Closing costs (~8% of asking)
-$43,912
Est. remaining loan balance
-$241,286
Cash to seller
$263,702

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

Seller’s Loan History

Lender

Primelending

Loan start date

July 2019

Original loan amount

$266,000

Est. remaining balance

$241,286

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Andrew Brady and Erin Rushton

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?

Similar Homes Nearby

Price drop
CanopyMLS
$475,000
4 bd
|
3 ba
|
1,978 sq ft
|
House

908 Davenport Street, Charlotte, NC 28208

Price drop
CanopyMLS
$574,000
4 bd
|
3 ba
|
2,489 sq ft
|
House

911 Balsam Terrace, Charlotte, NC 28214

Price drop
CanopyMLS
$614,900
4 bd
|
2.5 ba
|
2,001 sq ft
|
House

2108 Miranda Road, Charlotte, NC 28216

Status: Active

Tomo last checked: 07/02/2024 at 7:40 PM

Listing updated: 06/27/2024 at 8:23 PM

Listed by: Tina Baugham, Ransford Properties LLC Phone #: (704) 550-3530

MLS: CanopyMLS #4140597

CanopyMLS logo

Recently listed in Charlotte

$599,000|3 bd|2.5 ba|House
$237,000|2 bd|1.0 ba|House
$1,000,000|5 bd|4.0 ba|House
$325,000|2 bd|2.5 ba|Condo