tomo logo

$1,325,000

Beds
5
Baths
3.0
sq ft
3,170

111 Rathfarnham Circle, Asheville, NC 28803

111 Rathfarnham Circle

Asheville, NC 28803

  • 436 days on market
    • Price drop $25,000↓
Gracious Dutch Colonial- Arts & Crafts style home in elegant, uncommon, sought-after, secluded and private South Asheville neighborhood on a large level lot. Conveniently located to AVL Regional Airport, TC Roberson School District, Downtown Asheville, Biltmore Park, Grocers, Restaurants & Breweries! Surprisingly quiet, surrounded by expansive lawns and majestic forest, with numerous outdoor living areas designed for intimate times together and also for those fun gatherings with friends and family. This gracious 1920's home has been impeccably updated and brought to life with exquisite taste by the current owners. Located just outside the Asheville City limits so no city taxes and NO RESTRICTIONS regarding short term rentals. Additional small guest quarters over workshop. This property would be an exceptional Luxury Short Term Rental, and will be a blessing for the person seeking an out-of-the -ordinary, private Asheville home to celebrate life in!

Details

Property type

Single Family Residence

Est. home value

$848,823

Lot size

Unknown

Price per sq ft

$418

Year built

1929

Price History

07/31/2024
CanopyMLS

CanopyMLS #4061895

Price change
$1,325,000
-1.85%
05/30/2024
CanopyMLS

CanopyMLS #4061895

Price change
$1,350,000
-1.46%
04/23/2024
CanopyMLS

CanopyMLS #4061895

Price change
$1,370,000
-1.79%

Schools & Community

Elementary school: 

William Estes

Middle school: 

Valley Springs

High school: 

T.C. Roberson

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Federal Bank

Loan start date

March 2021

Original loan amount

$424,713

Est. remaining balance

$389,758

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Arthur James Mcardle Iii and Kimberly C Mcardle

Lender

Cmg Mortgage Inc

Loan start date

March 2019

Original loan amount

$421,879

Est. remaining balance

$379,068

Interest rate

4.41%

Loan type

VA, 30 year

Seller

Arthur James Mcardle Iii and Kimberly C Mcardle

Lender

Central Carolina Bank

Loan start date

July 2002

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

6.18%

Loan type

Credit Line (Revolving), 10 year

Seller

Arthur James Mcardle Iii and Kimberly C Mcardle

Lender

Homecomings Financial Network Inc

Loan start date

July 2002

Original loan amount

$293,550

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

Commercial, 30 year

Seller

Arthur James Mcardle Iii and Kimberly C Mcardle

Lender

Homecomings Financial Network Inc

Loan start date

May 2001

Original loan amount

$247,200

Est. remaining balance

Not provided

Interest rate

7.01%

Loan type

Commercial, 30 year

Seller

Arthur James Mcardle Iii and Kimberly C Mcardle

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: 11/05/2024 at 5:40 AM

Listing updated: 10/26/2024 at 9:44 AM

Listed by: Mark Fields, Mark Fields Real Estate Phone #: (828) 253-2491

MLS: CanopyMLS #4061895

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