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$1,150,000

Beds
3
Baths
4.5
sq ft
3,600

106 Black Bear Ridge, Sparta, NC 28675

106 Black Bear Ridge

Sparta, NC 28675

  • 204 days on market
MAGNIFICENT HOME with so much to offer!! The views are amazing, not to mention the "He Hut" with the relaxing waterfalls! This is truly one of a kind home and offers the finest in mountain living! Home features open great room with stone fireplace, kitchen with newer appliances and granite countertops. Primary suite has large walk in closet, jacuzzi bath, walk in shower and private entrance onto the front covered porch. Office located on the main floor and is perfect for someone wanting to work from home with Internet installed to home and to the outbuilding. Second spacious bedroom, full bath, laundry room, 1/2 bath all on the main floor. Upstairs loft bedroom with full bath and plenty of room to enjoy the views. Attached two car garage with living area and full bath. Front porch and deck offer an outdoor grill and cooking area. Bear Creek is a gated community which offers a swimming pool, game room, chapel and other common areas.

Details

Property type

Single Family Residence

Est. home value

$1,136,670

Lot size

1.34 acres

Price per sq ft

$320

Year built

2007

Annual property taxes

$2,793

Monthly HOA fee

$98.33

Price History

05/03/2024
HighCountry

HighCountry #249452

Listed
$1,150,000
02/27/2024
HighCountry

HighCountry #245553

Removed
$1,150,000
08/30/2023
HighCountry

HighCountry #245553

Listed
$1,150,000

Schools & Community

Elementary school: 

PineyCreek

Middle school: 

Unknown

High school: 

Alleghany

Community features: 

Pool, Fitness Center, Gated

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

$734,243
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$323,757
Cash to seller
$734,243

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2017

Original loan amount

$380,000

Est. remaining balance

$323,757

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

George Ray Faulk Jr and Pamela Wiggs Faulk

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: 11/23/2024 at 1:10 PM

Listing updated: 05/06/2024 at 2:43 PM

Listed by: DARLENE WYATT, Mountain Dreams Realty Phone #: (336) 372-1622

MLS: HighCountry #249452

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