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$245,000

Beds
2
Baths
2.5
sq ft
1,107

7690 Petrea Lane, Charlotte, NC 28227

7690 Petrea Lane

Charlotte, NC 28227

  • 34 days on market
Experience the Rare Combination of Elegant Living at an Affordable Price! MOVE-IN READY, UPDATED Townhome featuring NEW AC Unit (2024), Fresh Neutral Interior Colors, LVP Flooring Throughout Home, Updated Lighting and so much more! Lovely Kitchen with White Cabinetry and Modern Stainless-Steel Appliances; Open to Gorgeous Living/Dining Area – Perfect for Entertaining! Thoughtfully-Designed Upstairs Floorplan Features Two Private Bedrooms – Each with Vaulted Ceilings, Excellent Closet Space, and Attached Full Baths. Welcoming Covered Front Porch Overlooks Park-like Natural Setting; Rear Patio with Extra Storage. Water Bill is Included in HOA fees – a Significant Value! Conveniently Located Minutes from Dining, Shopping, UNCC, and the Highly-Anticipated 27-acre East Charlotte Park. Refined Style and Pride of Ownership Shines in Every Detail of this Special Home!

Details

Property type

Townhouse

Est. home value

$226,106

Lot size

Unknown

Price per sq ft

$222

Year built

1998

Monthly HOA fee

$191.88

Price History

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: 

Cochrane

High school: 

Garinger

Community features: 

Sidewalks, Street Lights

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

-$47,203
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$272,603
Cash to seller
-$47,203

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

$272,603

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?

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Status: Active

Tomo last checked: 11/08/2024 at 9:45 AM

Listing updated: 11/01/2024 at 1:14 PM

Listed by: Ashley Ginn, Allen Tate SouthPark Phone #: (704) 364-6400

MLS: CanopyMLS #4186157

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