tomo logo

$660,000

Beds
4
Baths
2.5
sq ft
2,614

8053 Cornhill Avenue, Charlotte, NC 28277

8053 Cornhill Avenue

Charlotte, NC 28277

  • 135 days on market
    • Price drop $10,000↓
Incredible opportunity to own a newer home in the heart of South Charlotte. Located near the Waverly area in Rea Farms. Exceptional schools! WALKING DISTANCE to Harris Teeter, Whole Foods, the largest Lifetime Fitness Center in the country, Rea Farms Steam Academy, Medical facilities, and various shops, restaurants, and entertainment options. Interior features include an open floor plan with a large island, gas stove, quartz countertops, large pantry, and tall shaker cabinets. The kitchen opens up to the family room with a gas fireplace and flanking built-ins for storage. The secondary staircase by the garage opens up to a big bonus/bedroom, the perfect man cave, workout, or playroom. A newly installed screen porch leading to a fenced-in yard offers hours of evening enjoyment. A two-car attached garage with a hybrid charging outlet is accessed from the alley.

Details

Property type

Single Family Residence

Est. home value

$676,732

Lot size

Unknown

Price per sq ft

$253

Year built

2019

Monthly HOA fee

$107.58

Price History

10/29/2024
CanopyMLS

CanopyMLS #4158521

Price change
$660,000
-1.49%
08/26/2024
CanopyMLS

CanopyMLS #4158521

Price change
$670,000
-2.19%
08/26/2024
CanopyMLS

CanopyMLS #4158521

Listed
$685,000

Schools & Community

Neighborhood: 

Providence Crossing

Elementary school: 

Polo Ridge

Middle school: 

Rea Farms STEAM Academy

High school: 

Ardrey Kell

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

$183,499
Asking price
$660,000
Closing costs (~8% of asking)
-$52,800
Est. remaining loan balance
-$423,701
Cash to seller
$183,499

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

March 2021

Original loan amount

$461,700

Est. remaining balance

$423,701

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Thirumalai Srinivasan Subbarayalu and Devi Srinivasan

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: 11/19/2024 at 6:45 AM

Listing updated: 11/17/2024 at 4:10 PM

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

MLS: CanopyMLS #4158521

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