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$385,000

Beds
4
Baths
2.5
sq ft
2,121

7220 Reedy Creek Road, Charlotte, NC 28215

7220 Reedy Creek Road

Charlotte, NC 28215

  • 16 days on market
Conveniently located near I-485, this home offers quick and easy access for commuting no matter where you're headed. With its unique layout, this home presents endless opportunities for customization, featuring versatile flex rooms on both the main and upper levels – ideal for work, relaxation, or entertainment. The kitchen flows seamlessly into a soaring two-story great room, complete with a cozy fireplace, creating a warm and inviting space. With four generously sized bedrooms and additional flex spaces, this home adapts effortlessly to your needs. Plus, enjoy a spacious backyard perfect for entertaining and outdoor activities.

Details

Property type

Single Family Residence

Est. home value

$410,842

Lot size

Unknown

Price per sq ft

$182

Year built

1990

Monthly HOA fee

$39.75

Price History

11/08/2024
CanopyMLS

CanopyMLS #4197504

Listed
$385,000
-5.87%
10/30/2024
CanopyMLS

CanopyMLS #4161955

Removed
$409,000
08/12/2024
CanopyMLS

CanopyMLS #4161955

Price change
$409,000
-1.45%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Clubhouse, Playground, Sidewalks, 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

$109,304
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$244,896
Cash to seller
$109,304

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

$244,896

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?

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Status: Active

Tomo last checked: 11/22/2024 at 12:20 PM

Listing updated: 11/10/2024 at 10:44 AM

Listed by: Shanel Pecoraro, Realty ONE Group Select Phone #: (980) 447-9001

MLS: CanopyMLS #4197504

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