tomo logo

$620,000

Beds
3
Baths
2.5
sq ft
1,250

1120 Horse Bottom Road, Banner Elk, NC 28604

1120 Horse Bottom Road

Banner Elk, NC 28604

  • 87 days on market
    • Price drop $30,000↓
HUGE PRICE IMPROVEMENT! This beautiful 3/2 spacious ranch style home with over 1250 ft.² of living space in the main house and an additional 528 ft.² of living space in the converted garage to the game room with an additional half bath and laundry room. Property is situated on double lot (1 acre) in Banner Elk which is perfect for a horse. This home is currently in a vacation rental program and is being sold beautifully furnished. Modern features abound with the remote temperature controlled, remote security locks and video cameras this smart home has all the cool feature you need to manage your home away from home or come and make this your mountain getaway or full time residence. Minutes to all local ski resorts, golf courses, Hiking, concerts, theatre and fabulous high country dining. Ideal year round accessibility with multiple access roads from Banner Elk side and Valle Crucis. Come experience everything Banner Elk and the high country have to offer. Rental History is available upon request.

Details

Property type

Single Family Residence

Est. home value

$430,430

Lot size

1.00 acres

Price per sq ft

$496

Year built

1990

Annual property taxes

$955

Price History

08/24/2024
HighCountry

HighCountry #250422

Price change
$620,000
-4.62%
07/18/2024
HighCountry

HighCountry #250422

Price change
$650,000
-3.85%
06/24/2024
HighCountry

HighCountry #250422

Listed
$675,999
+187.66%

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Avery

High school: 

Avery County

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

State Employees Cu

Loan start date

November 2009

Original loan amount

$143,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Russell George Taylor

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?

Similar Homes Nearby

Price drop
HighCountry
$575,000
3 bd
|
2.5 ba
|
2,024 sq ft
|
House

178 Windy Knob Trail, Seven Devils, NC 28604

HighCountry
$649,000
3 bd
|
2.5 ba
|
1,754 sq ft
|
House

290 Alpine Dr, Banner Elk, NC 28604

HighCountry
$599,000
3 bd
|
2.5 ba
|
2,079 sq ft
|
House

103 Treetop Lane, Banner Elk, NC 28604

Status: Active

Tomo last checked: 09/18/2024 at 9:55 PM

Listing updated: 08/24/2024 at 3:37 PM

Listed by: Cary Dominguez, Realty One Group Results-Banner Elk Phone #: (828) 278-7448

MLS: HighCountry #250422

HighCountry logo

Recently listed in Banner Elk