tomo logo

$525,000

Beds
3
Baths
1.5
sq ft
2,212

720 Peachtree Road, Charlotte, NC 28216

720 Peachtree Road

Charlotte, NC 28216

  • 62 days on market
Discover this hidden gem on 2.63 acres—a tranquil retreat away from the hustle and bustle of city life. Tucked away down a long, private driveway, this charming Craftsman bungalow is set back 200 feet from Peachtree Rd, offering unparalleled privacy and serenity. The expansive covered front porch, complete with ceiling fans, wraps around the side of the home, providing an ideal space to relax and enjoy the natural surroundings. Inside, the quality craftsmanship of this home, originally built in 1926 and relocated to its current site in 1985, is evident in every detail. Original hardwood floors add warmth and character throughout the living areas. The spacious living room is centered around a large gas log fireplace, perfect for cozy nights or gatherings with family and friends. Two bedroom's offer distinctive charm, with two featuring decorative fireplaces that enhance the home's elegance. This property also presents a rare opportunity to own acreage in Charlotte.

Details

Property type

Single Family Residence

Est. home value

$508,422

Lot size

Unknown

Price per sq ft

$238

Year built

1926

Price History

09/06/2024
CanopyMLS

CanopyMLS #4180712

Listed
$525,000
-0.94%
09/01/2024
CanopyMLS

CanopyMLS #4140597

Removed
$530,000
08/07/2024
CanopyMLS

CanopyMLS #4140597

Price change
$530,000
-2.75%

Schools & Community

Neighborhood: 

Firestone-Garden Park

Elementary school: 

Oakdale

Middle school: 

Ranson

High school: 

West Charlotte

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

$243,575
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$239,425
Cash to seller
$243,575

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

$239,425

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?

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Status: Active

Tomo last checked: 11/08/2024 at 8:45 AM

Listing updated: 09/07/2024 at 11:44 AM

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

MLS: CanopyMLS #4180712

CanopyMLS logo

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