tomo logo

$204,500

Beds
2
Baths
2.0
sq ft
980

120 Red Road, Swannanoa, NC 28778

120 Red Road

Swannanoa, NC 28778

  • 46 days on market
    • Price drop $20,000↓
Immerse Yourself in Mountain Serenity with this Move-In Ready Swannanoa Gem! This charming and updated manufactured home offers the perfect blend of comfort and convenience. Nestled between the bustling hubs of Asheville and Black Mountain, this retreat boasts 2 bedrooms and 2 full baths, providing ample room to spread out and unwind. Step outside to your private oasis - a giant back deck and fenced yard with a shed, all framed by breathtaking mountain vistas that can be admired from your front porch. Plant your favorite vegetables and herbs galore in the gated and fenced organic garden in the front. Adding to the ease of ownership, a circular driveway allows for seamless coming and going at your leisure. This exceptional property has everything you need to embrace the tranquility of the Blue Ridge Mountains. Don't miss your chance to make this turn-key Swannanoa sanctuary your own!

Details

Property type

Single Family Residence

Est. home value

$130,963

Lot size

Unknown

Price per sq ft

$209

Year built

1987

Price History

01/13/2025
CanopyMLS

CanopyMLS #4205316

Price change
$204,500
-8.91%
01/06/2025
CanopyMLS

CanopyMLS #4205316

Price change
$224,500
-2.18%
12/27/2024
CanopyMLS

CanopyMLS #4205316

Price change
$229,500
-2.34%

Schools & Community

Elementary school: 

WD Williams

Middle school: 

Charles D Owen

High school: 

Charles D Owen

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

$95,880
Asking price
$204,500
Closing costs (~8% of asking)
-$16,360
Est. remaining loan balance
-$92,260
Cash to seller
$95,880

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

Seller’s Loan History

Lender

Franklin Bank Ssb

Loan start date

January 2007

Original loan amount

$148,500

Est. remaining balance

$92,260

Interest rate

6.12%

Loan type

Not Provided, 30 year

Seller

Pennie Keith

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

CanopyMLS
$230,000
2 bd
|
1 ba
|
1,077 sq ft
|
House

335 Fountain Way, Swannanoa, NC 28778

Status: Active

Tomo last checked: 01/22/2025 at 10:45 AM

Listing updated: 01/22/2025 at 12:26 AM

Listed by: Holly Lindsey, Noble & Company Realty Phone #: (828) 357-5243

MLS: CanopyMLS #4205316

CanopyMLS logo

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