Charlotte · Charlotte, NC
1022 Balsam Terrace
Charlotte, NC · 2,400 sqft
$425,000
Reduced from $440,000
- 4Beds
- 2.5Baths
- 2,400SqFt
- 1986Year
- 15Days on market
About this home
Discover the perfect blend of privacy and potential at 1022 Balsam Terrace, a classic all-brick residence tucked away in a quiet cul-de-sac with no HOA restrictions. This 4-bedroom, 2.5-bath home offers peace of mind with a roof and gutters replaced just last year in 2025 and features an interior highlighted by hardwood flooring and granite countertops in the kitchen. Crawl Space is incapsulated. One of the property’s standout features is the massive bonus/flex space located over the oversized two-car garage, providing a versatile footprint for a home office, media room, or play area. Also includes a smart garage door opener controlled by MyQ and smart thermostats. Sold as-is, this home does need some TLC, making it an incredible opportunity for buyers or investors looking to add their personal touch and build immediate equity in a prime Charlotte location.
Property details
- Beds
- 4
- Baths
- 2.5
- SqFt
- 2,400
- Lot
- —
- Year built
- 1986
- Type
- Single Family
- Days on market
- 15
- Garage
- 2
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,127/ month
- Principal & interest
- $2,632
- Property tax (~1.05%)
- $371
- Homeowners insurance
- $123
- HOA dues
- —
Down payment
$21,250 down · $403,750 financed
Income to qualify (28% rule)
~$134,056 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
