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$379,000

Beds
3
Baths
2.0
sq ft
1,089

108 Mogul Rd, Banner Elk, NC 28604

108 Mogul Rd

Banner Elk, NC 28604

  • 41 days on market
    • Price drop $10,500↓
GREAT OPPORTUNITY TO OWN A TURNKEY AIR BNB JUST IN TIME FOR SKI SEASON. GREAT RENTAL POTENTIAL. It is all about Location, Location, Location, This property is Conveniently located to Boone, Blowing Rock, and multiple ski resorts. Come experience all that the mountains have to offer, skiing, snow tubing, zip lining, rafting, hiking, you can even mine for jewels and gold, plus much more. Mill Ridge community offers tennis courts and a gorgeous swimming pool. Cozy living space with ventless fireplace, bright and airy kitchen with granite counter tops, primary bedroom has a free standing fireplace double patio doors lead out onto a secluded deck great for entertaining, multiple level deck, permanent grill for those outdoor evenings, laundry room, main parking on upper level, additional parking below, Home has been a part of a rental program, being sold fully furnished, along with TV's, Washer/dryer all convey, MOTIVATED SELLER

Details

Property type

Single Family Residence

Est. home value

$368,327

Lot size

6,970 sq ft

Price per sq ft

$349

Year built

1972

Annual property taxes

$778.89

Monthly HOA fee

$165

Price History

09/11/2024
HighCountry

HighCountry #251428

Price change
$379,000
-2.7%
08/27/2024
HighCountry

HighCountry #251428

Price change
$389,500
-2.21%
08/09/2024
HighCountry

HighCountry #251428

Listed
$398,300
+19.61%

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

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

$60,768
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$287,912
Cash to seller
$60,768

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

May 2022

Original loan amount

$299,700

Est. remaining balance

$287,912

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Jeffery Carroll

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: 09/19/2024 at 5:55 PM

Listing updated: 09/11/2024 at 4:47 PM

Listed by: Dee Charest, Ward & Ward Properties Phone #: (336) 667-1719

MLS: HighCountry #251428

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Recently listed in Banner Elk