tomo logo

$409,000

Beds
4
Baths
2.5
sq ft
2,121

7220 Reedy Creek Road, Charlotte, NC 28215

7220 Reedy Creek Road

Charlotte, NC 28215

  • 62 days on market
    • Price drop $6,000↓
Welcome home to your 2 story, 4 bedroom, 2.5 bath home w/two car garage & a oversized driveway for easy parking. Freshly landscaped gives you great curb appeal & the mature trees add a great extra touch. On the first floor you have Luxury Vinyl Plank floors, front sitting room/den, laundry/Mud room, kitchen with island that opens to breakfast area & vaulted living room, dining room, & 2 car garage. Upstairs is a generously sized primary bedroom w/ample closet space, spa like primary bath w/dual sinks, garden tub, & separate shower, 3 more additional bdrms, one of which would make for a great bonus or flex room, & another full bathroom. SELLER WILL CONTRIBUTE $4500 TOWARDS NEW CARPET UPSTAIRS W/ACCEPTEABLE OFFER. The backyard features a fully enclosed fenced backyard, tons of privacy w/mature trees, & a good size patio for grilling & entertaining. The sought-out neighborhood offers club house, pool, tennis courts, walking trails, & more. Convenient to 485, short drive to uptown.

Details

Property type

Single Family Residence

Est. home value

$410,842

Lot size

Unknown

Price per sq ft

$193

Year built

1990

Monthly HOA fee

$39.75

Price History

08/12/2024
CanopyMLS

CanopyMLS #4161955

Price change
$409,000
-1.45%
07/17/2024
CanopyMLS

CanopyMLS #4161955

Listed
$415,000
+7.79%
12/02/2022
CanopyMLS

CanopyMLS #3902784

Sold
$385,000

Schools & Community

Elementary school: 

Clear Creek

Middle school: 

Northeast

High school: 

Rocky River

Community features: 

Clubhouse, Playground, Tennis Court(s)

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

$130,913
Asking price
$409,000
Closing costs (~8% of asking)
-$32,720
Est. remaining loan balance
-$245,367
Cash to seller
$130,913

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

Seller’s Loan History

Lender

Intercoastal Mortgage

Loan start date

November 2022

Original loan amount

$250,000

Est. remaining balance

$245,367

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Lester L Arnold Sr

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

CanopyMLS
$385,000
4 bd
|
2.5 ba
|
2,382 sq ft
|
House

6312 Carpentaria Court, Charlotte, NC 28215

Price drop
CanopyMLS
$424,900
4 bd
|
2.5 ba
|
2,536 sq ft
|
House

8110 Mccarron Way, Charlotte, NC 28215

Price drop
CanopyMLS
$374,900
4 bd
|
2.5 ba
|
2,000 sq ft
|
House

8610 Kirkley Glen Lane, Charlotte, NC 28215

Status: Active

Tomo last checked: 09/17/2024 at 10:40 PM

Listing updated: 08/31/2024 at 4:14 PM

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

MLS: CanopyMLS #4161955

CanopyMLS logo

Recently listed in Charlotte