tomo logo

$289,999

Beds
1
Baths
1.0
sq ft
780

721 Governor Morrison Street Unit 511, Charlotte, NC 28211

721 Governor Morrison Street Unit 511

Charlotte, NC 28211

  • 49 days on market
    • Price drop $2,901↓
Back to Market not due to seller's fault. Luxury Living at The Morrison Condominium in SouthPark. Discover upscale living in this beautifully maintained 1-bedroom, 1-bath condo located in the prestigious SouthPark area. It boasts a spacious living room, a modern kitchen with granite countertops and 42” cabinets, a large walk-in closet, and a cozy balcony. Washer and dryer included. Enjoy an array of lifestyle-enhancing amenities - Fitness Center, Swimming Pool, Business Center, Outdoor Grills, Indoor & Outdoor Fireplaces, and a 24/7 Security System. Closed to SouthPark Mall, Morrison Library, Philips Place, and a variety of shops, restaurants, and entertainment options. A short drive to Uptown Charlotte and the airport. Experience the perfect combination of luxury and convenience at The Morrison Condominium in SouthPark. Condo can be used either as your primary home or as an investment/rental property. Don’t miss it.

Details

Property type

Condominium

Est. home value

$279,285

Lot size

Unknown

Price per sq ft

$372

Year built

2007

Monthly HOA fee

$415

Price History

11/13/2024
CanopyMLS

CanopyMLS #4187845

Price change
$289,999
-0.99%
10/29/2024
CanopyMLS

CanopyMLS #4187845

Price change
$292,900
-1.68%
10/21/2024
CanopyMLS

CanopyMLS #4187845

Price change
$297,900
-0.67%

Schools & Community

Neighborhood: 

Myers Park

Elementary school: 

Sharon

Middle school: 

Alexander Graham

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

$94,914
Asking price
$289,999
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$171,885
Cash to seller
$94,914

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

October 2020

Original loan amount

$189,000

Est. remaining balance

$171,885

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Danielle A Rogers

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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1300 Reece Road Unit 203, Charlotte, NC 28209

Status: Active

Tomo last checked: 11/19/2024 at 10:35 AM

Listing updated: 11/12/2024 at 10:29 PM

Listed by: Shia Zhu, Keller Williams Ballantyne Area Phone #: (704) 887-6600

MLS: CanopyMLS #4187845

CanopyMLS logo

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