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$445,000

Beds
2
Baths
2.0
sq ft
1,130

925 Spruce Street, Charlotte, NC 28203

925 Spruce Street

Charlotte, NC 28203

  • 61 days on market
    • Price drop $10,000↓
Beautiful ranch located in Wilmore! Walk through the front door to find a freshly painted home with open concept. Kitchen comes equipped with stainless steel appliances and tile backsplash. Two full bathrooms, makes this home great for short term rental if you are looking for an investment in Southend or for your primary home. Roof was replaced in 2022 and backyard was recently cleared to give you more freedom to enjoy the outdoor space. A few minutes from Southend, this home is located in one of Charlotte's most desired neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$480,101

Lot size

Unknown

Price per sq ft

$394

Year built

1955

Price History

06/26/2024
CanopyMLS

CanopyMLS #4135231

Price change
$445,000
-2.2%
05/16/2024
CanopyMLS

CanopyMLS #4135231

Price change
$455,000
-3.19%
05/03/2024
CanopyMLS

CanopyMLS #4135231

Listed
$470,000
+11.64%

Schools & Community

Neighborhood: 

Wilmore

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$61,822
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$347,578
Cash to seller
$61,822

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

June 2022

Original loan amount

$357,850

Est. remaining balance

$347,578

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Cecilia Hurtado Franco and Juan Pablo Franco De Oro

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: 07/02/2024 at 7:00 PM

Listing updated: 06/25/2024 at 8:53 PM

Listed by: Jessica Rodriguez, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4135231

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