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$425,000

Beds
3
Baths
2.0
sq ft
1,292

11 Redmond Drive, Alexander, NC 28701

11 Redmond Drive

Alexander, NC 28701

  • 57 days on market
    • Price drop $25,000↓
Nestled in the heart of Alexander, this charming home is a perfect blend of comfort and countryside living. With 1,292 square feet of living space, it offers a cozy retreat 20 minutes from downtown Asheville. The property boasts over 2.5 acres of usable land, providing ample space for outdoor adventures and stunning mountain views. Inside, you'll find a welcoming living room with a wood-burning fireplace, perfect for those chilly evenings. The open kitchen is a chef's delight, featuring abundant cabinet and counter space. Step outside onto the large deck and enjoy peaceful mornings overlooking the neighbor's pond – your own slice of tranquility. But wait, there's more! A detached 864 sq ft workshop/garage awaits your hobbies and projects. The fully fenced yard is ideal for pets, goats, or even a few chickens. If that isn't enough, an additional 1.72-acre lot is included. This property truly offers the best of both worlds – rural charm with urban convenience just around the corner.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$329

Year built

2017

Price History

11/30/2024
CanopyMLS

CanopyMLS #4195128

Price change
$425,000
-5.56%
10/27/2024
CanopyMLS

CanopyMLS #4195128

Listed
$450,000
+38.46%
05/24/2021
CanopyMLS

CanopyMLS #3724873

Sold
$325,000

Schools & Community

Elementary school: 

North Windy Ridge

Middle school: 

North Buncombe

High school: 

North Buncombe

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

$88,744
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$302,256
Cash to seller
$88,744

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

May 2021

Original loan amount

$327,000

Est. remaining balance

$302,256

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Gregory Ray White and Rachel Ann Drake

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: 12/22/2024 at 9:30 PM

Listing updated: 11/30/2024 at 12:29 PM

Listed by: Amanda Simpkins, Coldwell Banker Advantage Phone #: (828) 398-5700

MLS: CanopyMLS #4195128

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