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$429,000

Beds
2
Baths
1.0
sq ft
960

12 Laurel Terrace, Asheville, NC 28804

12 Laurel Terrace

Asheville, NC 28804

  • 30 days on market
Discover abundant charm & an unbeatable location in this period bungalow brimming with creative spirit. Nestled in a picturesque, pastoral setting yet just minutes to downtown Asheville, this 2-bedroom, 1-bath home, built in 1947, radiates elegance & unique character. The captivating stone facade, wormy chestnut walls in the living areas, & heart pine flooring showcase its rustic beauty, while the stone fireplace invites cozy evenings. Recent updates include a newly renovated bath & tiled walk-in shower, hot water heater, gas range & refrigerator, gas fireplace stove, and 2018 roof, seamlessly blending vintage charm with contemporary convenience. The spacious property is set on a .76-acre lot with mature trees & a shed with a deck, offering abundant space for gardeners, & hobbyists. Shed has a deck, & is ready to convert to usable space. Offering privacy, unique character, & timeless appeal, 12 Laurel Terrace offers a rare opportunity to own a piece of Asheville's artistic heritage.

Details

Property type

Single Family Residence

Est. home value

$332,156

Lot size

Unknown

Price per sq ft

$447

Year built

1947

Price History

06/22/2024
CanopyMLS

CanopyMLS #4142972

Listed
$429,000
06/08/2024
CanopyMLS

CanopyMLS #4142972

Pending
$429,000
06/07/2024
CanopyMLS

CanopyMLS #4142972

Listed
$429,000
+79.5%

Schools & Community

Elementary school: 

Weaverville/N. Windy Ridge

Middle school: 

North Buncombe

High school: 

North Buncombe

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

$179,229
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$215,451
Cash to seller
$179,229

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

August 2020

Original loan amount

$234,671

Est. remaining balance

$215,451

Interest rate

3.13%

Loan type

FHA, 30 year

Seller

Jennifer D Thompson

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: 07/04/2024 at 9:40 PM

Listing updated: 06/21/2024 at 8:03 PM

Listed by: June Weitz, Carolina Mountain Sales Phone #: (828) 277-5551

MLS: CanopyMLS #4142972

CanopyMLS logo

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