1300 Reece Road #302 | Sinko Realty LLC
$179,000
$189,000
PRICE REDUCED Active

1300 Reece Road #302

Charlotte, NC, 28209

1 Bedrooms | 1 Bathrooms | 792 Sq Ft
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Property Description

Back on market with new photos including some virtually staged rooms. Recent modification includes freshly painted walls & new BA vanity. The Kimberlee is a lovely mid-century Coop located between Dilworth & Southpark. This spacious unit has a large entryway w/3 closets, primary BR has wide double windows, 2 closets, plenty of storage space! The Kit includes pantry, refrigerator conveys. Enjoy wall-to-wall windows in LR w/slide glass door leading to balcony & storage rm. Unit could use some updating & is priced accordingly. Common laundry room is nearby on same floor. Enjoy quiet living, shop & dine nearby, walk across private bridge to Park Rd Shop Center. Amenities include secured locked doors at all entrances, elevators, pool, garden, workout room, Skyview community room on 6th floor includes full kitchen, lending library. Each unit has it's own storage space on 1st floor. A 1-car carport comes w/unit. Additional parking in lot. There is a guest quarters in building for visitors. Monthly HOA dues include internet, cable, water, property taxes, trash & parking.

Cash sale only & homeowner(s) reside in unit, no tenants or subleasing. Closings occur at The Kimberlee by their attorney, Marcia Dixon of Miller Austin Law. Ownership in a co-op is unlike ownership of a condo or townhome. The buyer purchases a share in the ownership of The Kimberlee. The Kimberlee, Inc. provides an approved buyer with a share certificate, not a deed. See Letter to Prospective Shareholders and other documents provided. When approved contract is signed and submitted the buyer completes a Kimberlee application along with $250 non-refundable fee. Transaction will not be finalized until the board interviews and votes on whether buyer is accepted as a shareholder. Please feel free to discuss with listing agent to confirm all proceedings are understood. There is a 2% capital contribution fee paid to the Kimberlee at time of closing. Lower level parking lot is in flood plain. Current owner has paid the recent assessments.

Property Details

Property Type: Stock Cooperative
Year Built: 1965
Living Area: 792 sq ft
Price / Sq Ft: $226
Lot Size: N/A
Bedrooms: 1
Bathrooms: 1 (1 full, 0 half)
Days on Market: 104
Subdivision: The Kimberlee
Cooling: Central Air, Electric
Heating: Central, Electric
Water: City
Sewer: Public Sewer
Foundation: Basement
Construction: Brick Full
Basement: Basement Shop, Exterior Entry, Interior Entry, Storage Space, Walk-Out Access
Laundry: Common Area, Multiple Locations
Flooring: Carpet, Tile
Patio/Porch: Balcony, Covered
Accessibility: Two or More Access Exits, Elevator
Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)

Appliances

Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Features

Interior Features
  • Cable Prewire
  • Elevator
  • Entrance Foyer
  • Pantry
  • Storage
Exterior Features
  • Lawn Maintenance
  • Storage

Schools

Elementary: Selwyn
High: Myers Park

Financial Information

List Price: $179,000
HOA: Yes
HOA Fee: $463 / Monthly
Listing Information
Status: Active
MLS #: 4322239
Listing Firm: Howard Hanna Allen Tate Charlotte South
Listing Agent: Dee Drobonick
Agent Email: dee.drobonick@allentate.com

Estimated Monthly Payment

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Estimated Payment
$1,106
per month
Payment Breakdown
Principal & Interest $905
Property Tax (est.) $149
Insurance (est.) $52
Total Monthly $1,106

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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