🔥 Charlotte, NC — Olde Providence. Single Family. 3 bed / 2 bath. 1,677 sq ft on 0.34 acres. Carmel Country Club neighborhood. Sold comps averaging $574K — priced at $419K. That’s $155K below market. 🤝
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💰 Asking: $419,000 | Comp Average: ~$574,000 | 🔥 Spread: ~$155,000
🏠 Property Details
| Type | Single Family Residence |
| Bedrooms / Baths | 3 bed / 2 bath |
| Living Area | 1,677 sq ft |
| Year Built | 1972 |
| Lot Size | 0.34 acres |
| Zoning | R-1 |
| Parking | Concrete driveway — double-wide, fits 2–4 cars |
| Utilities | City Water & Sewer |
| Occupancy | Owner-occupied — showings by appointment only |
| Walkthrough Dates | March 16 – March 22, 2026 (by appointment) |
| Closing Date | April 6, 2026 |
| Title Company | Harbor City Title Insurance of NC — clean marketable title |
🔧 Condition Notes
- Roof: Condition is good to be be reroofed without removal
- HVAC: Heat Pump, needs replacement, Central air, needs new condensor
- Plumbing: 1972 condition fair
- Electrical: Good, copper wire, romex cable, grounded
- Foundation: 1972 condition good
- Interior: 1972 original, but in good condition, kitchen and bath upgrades required
- Other Property Details:
- Windows – Original
- Driveway – Concrete
- Water Heater – Needs replacement
- Appliances – Need replacement
📊 Comparable Sales
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 6706 Queensberry Dr, Charlotte | 1,747 | $620,000 | $355/sq ft | Sold — Fully Renovated, Olde Providence |
| 6749 Windyrush Rd, Charlotte | 1,783 | $575,000 | $323/sq ft | Sold — Olde Providence |
| 3801 Rea Rd, Charlotte | 1,778 | $575,000 | $323/sq ft | Sold — Fully Updated, Same Neighborhood |
| 6718 Summerlin Pl, Charlotte | 1,685 | $526,000 | $312/sq ft | Sold — Same Street, Renovated |
| Comp Average (sold) | ~1,748 | ~$574,000 | ~$328/sq ft | |
| 🏷️ Our Price | 1,677 | $419,000 | $250/sq ft | |
| 💸 Your Spread | ~$155,000 |
Note: Subject is priced as an all-original 1972 home — comps are the same era homes that have been renovated. The renovation path is clear and well-supported by the comp set.
💡 Why this works: At $250/sq ft, you’re buying into one of Charlotte’s most in-demand zip codes at a steep discount to renovated comps trading at $312–$355/sq ft. Original hardwood floors are already under the carpet. Clean title confirmed. Olde Providence is actively being revitalized — new owners are buying these originals, renovating, and reselling at $575K–$620K. The upside is right there in the numbers.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $10,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- Proof of funds required
- Closing through Harbor City Title Insurance of NC
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.