tomo logo

$634,000

Beds
5
Baths
4.0
sq ft
3,131

1 Glen Cove Road, Arden, NC 28704

1 Glen Cove Road

Arden, NC 28704

  • 79 days on market
    • Price drop $15,000↓
Motivated Seller! Looking for a true in-law suite? Need rental income? Check out this 5 bdrm/4 bath classic brick ranch located mid-way between Asheville & Hendersonville. Finished basement provides lots of options for rental income or multi-family living (rental records available-no tenants at this time). Area can be accessed from interior or exterior of home. Basement has separate 911 address, driveway and front door access so those living in that space can be truly separate and apart from the upstairs. Note: 4th bath in basement not permitted. Owner reports small area under door to unfinished basement storage room gathers water inside during very heavy rainfalls but moisture does not impact finished living areas. Utilities for both levels on the same account. New heat pump 2022, mini-splits 2024. Voluntary HOA participation. Short term rentals allowed. Flat screen TVs in basement convey with sale. Put your Reno-hat on and think of the possibilities with this one!

Details

Property type

Single Family Residence

Est. home value

$555,070

Lot size

Unknown

Price per sq ft

$203

Year built

1972

Price History

10/21/2024
CanopyMLS

CanopyMLS #4179279

Listed
$634,000
10/10/2024
CanopyMLS

CanopyMLS #4179279

Removed
$634,000
09/23/2024
CanopyMLS

CanopyMLS #4179279

Price change
$634,000
-2.31%

Schools & Community

Elementary school: 

Glen Arden/Koontz

Middle school: 

Valley Springs

High school: 

T.C. Roberson

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

$121,496
Asking price
$634,000
Closing costs (~8% of asking)
-$50,720
Est. remaining loan balance
-$461,784
Cash to seller
$121,496

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$477,500

Est. remaining balance

$461,784

Interest rate

5.23%

Loan type

VA, 30 year

Seller

Erika Lee Conner

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: 11/22/2024 at 3:55 PM

Listing updated: 10/21/2024 at 7:55 AM

Listed by: Anna Conner, Relocate828 LLC Phone #: (833) 736-8828

MLS: CanopyMLS #4179279

CanopyMLS logo

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