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$575,000

Beds
3
Baths
2.0
sq ft
1,470

1117 Montreat Road, Black Mountain, NC 28711

1117 Montreat Road

Black Mountain, NC 28711

  • 219 days on market
    • Price drop $24,900↓
No storm damage to this home, and move-in ready! Discover the epitome of charm with this immaculate 3 bedroom, 2 bath single-level home located in a prime Black Mountain location near to the entrance of Montreat. With a perfect combination of modern updates & timeless character, this home has a welcoming feel from the moment you arrive. Inside you'll find an open floor-plan filled with natural light. Outside, the large & level yard offers a peaceful retreat with an inviting gazebo & plenty of privacy (could easily be fenced). Conveniently located, this home is walkable to many amenities, including shops, restaurants, & hiking trails. Whether you're seeking adventure in the great outdoors or seeking solace in the comfort of home, this Black Mountain gem offers the perfect retreat! Most indoor & outdoor furniture can convey. Riding mower, Honda generator, trimmer, blower, edger, & fire-pit all can convey! This beautiful, turn-key home is ready for you to move in today!

Details

Property type

Single Family Residence

Est. home value

$513,608

Lot size

Unknown

Price per sq ft

$392

Year built

1939

Price History

11/01/2024
CanopyMLS

CanopyMLS #4129599

Price change
$575,000
-4.15%
07/31/2024
CanopyMLS

CanopyMLS #4129599

Price change
$599,900
-4.02%
07/11/2024
CanopyMLS

CanopyMLS #4129599

Price change
$625,000
-2.19%

Schools & Community

Elementary school: 

Black Mountain

Middle school: 

Charles D Owen

High school: 

Charles D Owen

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

$251,740
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$277,260
Cash to seller
$251,740

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

December 2020

Original loan amount

$304,000

Est. remaining balance

$277,260

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Gary Thomas Bates and Deloach Bates

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: 11/22/2024 at 10:10 AM

Listing updated: 11/01/2024 at 3:04 PM

Listed by: Kevin Miller, GreyBeard Realty Phone #: (828) 669-1072

MLS: CanopyMLS #4129599

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