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$395,000

Beds
2
Baths
2.0
sq ft
1,008

116 Chalet Road, Lake Lure, NC 28746

116 Chalet Road

Lake Lure, NC 28746

  • <1 day on market
Welcome to your perfect getaway at Rumbling Bald on Lake Lure! This charming and meticulously maintained rustic log home offers a cozy ambiance that will instantly make you feel at home. Featuring 2 bedrooms and 2 baths, you'll fall in love with this delightful cabin's unique details, like the large covered deck that wraps around to the master bedroom and a screened-in front porch for relaxing evenings. The living area boasts a wood-burning fireplace and hardwood floors, seamlessly flowing into the open dining and kitchen space, where the laundry is conveniently located. Currently a successful short-term rental, this property is an ideal investment or your very own serene retreat.

Details

Property type

Single Family Residence

Est. home value

$395,144

Lot size

Unknown

Price per sq ft

$392

Year built

1988

Monthly HOA fee

$354

Price History

09/19/2024
CanopyMLS

CanopyMLS #4182373

Listed
$395,000
+3.4%
05/05/2022
CanopyMLS

CanopyMLS #3843637

Sold
$382,000

Schools & Community

Elementary school: 

Lake Lure Classical Academy

Middle school: 

Lake Lure Classical Academy

High school: 

Lake Lure Classical Academy

Community features: 

Clubhouse, Fitness Center

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

$22,568
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$340,832
Cash to seller
$22,568

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

April 2022

Original loan amount

$356,250

Est. remaining balance

$340,832

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Donald Russell Jory Jr and Marianne Brook Fortino

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?

Status: Active

Tomo last checked: 09/19/2024 at 8:05 PM

Listing updated: 09/19/2024 at 3:24 PM

Listed by: Jess Cole, Keller Williams Professionals Phone #: (828) 254-7253

MLS: CanopyMLS #4182373

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