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$750,000

Beds
3
Baths
2.0
sq ft
1,825

106 Dandelion Lane, Banner Elk, NC 28604

106 Dandelion Lane

Banner Elk, NC 28604

  • 140 days on market
Charming log home offering privacy and long range mountain views. This lovely home has been updated with a newly remodeled kitchen with granite countertops, a large copper sink and all new top-of-the-line stainless steel appliances. Both bathrooms have also been remodeled. One level living with the primary and both guestrooms on the first floor. The loft offers additional sleeping space with a built-in bunkbed and a futon. There is also a covered carport located right off the kitchen. This home has a detached two car garage that is currently being used as a game room. The house comes with a hot tub. This property is turnkey with almost all of the furniture and furnishings conveying with the sale. The crawlspace is encapsulated with a commercial dehumidifier. Crawl space access code is 8-4-9-2. Short term rentals are allowed.

Details

Property type

Single Family Residence

Est. home value

$717,076

Lot size

1.10 acres

Price per sq ft

$411

Year built

1999

Annual property taxes

$1,511

Monthly HOA fee

$42.33

Price History

08/29/2024
HighCountry

HighCountry #250749

Listed
$750,000
08/02/2024
HighCountry

HighCountry #250749

Pending
$750,000
07/06/2024
HighCountry

HighCountry #250749

Listed
$750,000
+24.38%

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Unknown

High school: 

Avery County

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

$402,066
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$287,934
Cash to seller
$402,066

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

April 2022

Original loan amount

$335,000

Est. remaining balance

$287,934

Interest rate

3.14%

Loan type

New Conventional, 15 year

Seller

Thomas C Monyette and Melissa A Monyette

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 7:05 AM

Listing updated: 08/29/2024 at 9:58 PM

Listed by: Burr Collier, James B. Collier Phone #: (704) 380-2094

MLS: HighCountry #250749

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