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$550,000

Beds
2
Baths
2.0
sq ft
1,260

117 Sleepy Hill, Lake Lure, NC 28746

117 Sleepy Hill

Lake Lure, NC 28746

  • 204 days on market
    • Price drop $25,000↓
Just a block away from the serene shores of Lake Lure, this captivating property offers a rare blend of charm and functionality. A quaint house welcomes you with its cozy allure. A fantastic, covered porch is an ideal location to enjoy a beverage morning or night. A detached garage provides a haven for work or play, featuring a cozy loft and a flexible ground level space, currently used as an office but would also work perfectly as a studio, or home gym. A versatile workshop mirrors the recreation space and is ready for your creative pursuits. A huge 1700sf four-bay garage with electricity, ideal for a workshop or storage sits at the entrance at the property and is perfect for a hobbyist or to store your boat(s). A large lot, with expansive buildable yard has endless opportunities. Including a mature fruit orchard and a chicken coop to complete your homesteading dreams. Embrace the essence of Lake Lure living in this enchanting sanctuary. COME SEE IT BEFORE IT'S TOO LATE!

Details

Property type

Single Family Residence

Est. home value

$475,916

Lot size

Unknown

Price per sq ft

$437

Year built

1986

Price History

07/25/2024
CanopyMLS

CanopyMLS #4113082

Price change
$550,000
-4.35%
05/24/2024
CanopyMLS

CanopyMLS #4113082

Price change
$575,000
-4.17%
04/30/2024
CanopyMLS

CanopyMLS #4113082

Price change
$600,000
-2.44%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$200,286
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$305,714
Cash to seller
$200,286

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

January 2022

Original loan amount

$323,917

Est. remaining balance

$305,714

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Bradan Dotson and Allison Whitney Smith Dotson

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: 09/19/2024 at 5:25 PM

Listing updated: 09/04/2024 at 4:54 PM

Listed by: Chandler Brewer, Town and Mountain Realty Phone #: (828) 232-2879

MLS: CanopyMLS #4113082

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