tomo logo

$226,106Estimated home value

Beds
2
Baths
2.5
sq ft
1,130

7690 Petrea Lane, Charlotte, NC 28227

7690 Petrea Lane

Charlotte, NC 28227

  • Sold On 9/1/2022
Great Location!! Townhouse located in The Landing at Hickory Grove! Minutes from everywhere! Property was previously tenant-occupied. Property Sold "As-Is". Strong preference to use Harry Marsh Law for closing.

Details

Property type

Townhouse

Est. home value

$226,106

Lot size

Unknown

Price per sq ft

$186

Year built

1998

Monthly HOA fee

$187.2

Price History

12/21/2024
CanopyMLS

CanopyMLS #4186157

Removed
$245,000
10/10/2024
CanopyMLS

CanopyMLS #4186157

Listed
$245,000
+16.67%
05/23/2022
CanopyMLS

CanopyMLS #3831894

Sold
$210,000

Schools & Community

Neighborhood: 

Hickory Ridge

Elementary school: 

Hickory Grove

Middle school: 

Cochran Collegiate Academy

High school: 

Garinger

Community features: 

Sidewalks

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

-$78,591
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$271,791
Cash to seller
-$78,591

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

Seller’s Loan History

Lender

American Security Mortgage Corp

Loan start date

May 2022

Original loan amount

$283,700

Est. remaining balance

$271,791

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Margaret Olivia Butts

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
$254,900
2 bd
|
2.5 ba
|
1,348 sq ft
|
Townhouse

5407 Kimmerly Woods Drive, Charlotte, NC 28215

Price drop
CanopyMLS
$259,999
2 bd
|
2.5 ba
|
1,370 sq ft
|
Townhouse

6720 Cypress Tree Lane, Charlotte, NC 28215

Price drop
CanopyMLS
$249,900
2 bd
|
2.5 ba
|
1,334 sq ft
|
Townhouse

6826 Cypress Tree Lane, Charlotte, NC 28215

Status: Off Market

Tomo last checked: 12/22/2024 at 9:30 AM

Listing updated: 02/08/2023 at 3:01 PM

Listed by: Ed Peugh, The Virtual Realty Group Phone #: (704) 674-1475

MLS: CanopyMLS #3831894

CanopyMLS logo

Recently listed in Charlotte