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$875,000

Beds
4
Baths
3.0
sq ft
2,302

120 Buttermilk Lane, Highlands, NC 28741

120 Buttermilk Lane

Highlands, NC 28741

  • 264 days on market
    • Price drop $124,500↓
This warm and inviting charming- 4/3 farmhouse sitting on 1 acre of near flat, fertile farmland close to downtown in the historic Buttermilk neighborhood of Highlands. Enjoy the beauty of outdoors from your porch and deck. A gardener's delight with a variety of fruit trees and garden space in the expansive backyard. There is no limit to possibilities, including life "off the grid".

Details

Property type

Single Family Residence

Est. home value

$1,076,037

Lot size

1.00 acres

Price per sq ft

$381

Year built

1938

Annual property taxes

$2,645.47

Price History

09/18/2024
GeorgiaMLS

GeorgiaMLS #10261358

Price change
$875,000
-12.46%
06/21/2024
GeorgiaMLS

GeorgiaMLS #10261358

Price change
$999,500
-16.71%
03/04/2024
GeorgiaMLS

GeorgiaMLS #10261358

Listed
$1,200,000
+2.13%

Schools & Community

Elementary school: 

Other

Middle school: 

Other

High school: 

Other

Community features: 

None

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

$682,799
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$122,201
Cash to seller
$682,799

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2017

Original loan amount

$170,556

Est. remaining balance

$122,201

Interest rate

4.1%

Loan type

New Conventional, 20 year

Seller

Helen Gibson Roper and Gerald Roper

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: 11/23/2024 at 12:55 PM

Listing updated: 09/21/2024 at 1:11 AM

Listed by: Nathan D. Conkling, Poss Realty

MLS: GeorgiaMLS #10261358

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