tomo logo

$689,000

Beds
4
Baths
2.5
sq ft
1,985

1 Melbourne Place, Asheville, NC 28801

1 Melbourne Place

Asheville, NC 28801

  • Pending
    • Price drop $10,000↓
This house is soooooo cool! Vintage 1950’s vibes mesh with contemporary chic in a Montford cottage destined to steal your heart. Stripped to the studs in 2020 and stylishly rebuilt for modern living, embrace easy living and entertaining inside and out, just over a mile from downtown Asheville. A vaulted ceiling and exposed beams grace the open living area, where a sleek, efficient kitchen is ready for your creative cuisines. Gather with friends at the large island, or spill out onto the privacy-fenced rear deck to enjoy the outdoors. Clever custom touches surprise you, blended with thoughtful and intentional design. A coat closet by the front door, a wall of cabinets for dishes and pantry items, downdraft venting to the exterior, natural wood-trimmed windows, recessed lights on dimmers in the bedrooms. Should you rent the downstairs or keep it for visiting family and friends? You decide. Two beds, a full bath, and a kitchenette await your decision. This is the one!

Details

Property type

Single Family Residence

Est. home value

$717,367

Lot size

Unknown

Price per sq ft

$348

Year built

1955

Price History

07/03/2024
CanopyMLS

CanopyMLS #4150380

Pending
$689,000
06/25/2024
CanopyMLS

CanopyMLS #4150380

Price change
$689,000
-1.43%
06/14/2024
CanopyMLS

CanopyMLS #4150380

Listed
$699,000
+48.41%

Schools & Community

Elementary school: 

Asheville City

Middle school: 

Asheville

High school: 

Asheville

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

$222,355
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$411,525
Cash to seller
$222,355

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

November 2020

Original loan amount

$447,000

Est. remaining balance

$411,525

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Aubry Marie Donoghue

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: Pending/Under Contract

Tomo last checked: 07/04/2024 at 10:05 PM

Listing updated: 07/03/2024 at 1:03 PM

Listed by: Craig Severance, Mosaic Community Lifestyle Realty Phone #: (828) 707-9556

MLS: CanopyMLS #4150380

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