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$390,000

Beds
3
Baths
2.5
sq ft
2,298

125 Snug Harbor Circle, Lake Lure, NC 28746

125 Snug Harbor Circle

Lake Lure, NC 28746

  • 143 days on market
    • Price drop $10,000↓
Gardener's dream! Sweet 3-bd home with large usable lot just a block from the water in Lake Lure. This quaint livable residence features over 2,500sqft of living space and a primary bedroom on the main level. New privacy fence and shrubs. A wood burning fireplace, cheerful sunroom, and plenty of space to work, play, and live your best Lake Lure life. This lovely home could use a little extra updating in bathrooms and an improved upstairs floor plan. With 0.65 acres of grass pasture, mature trees, dozens of perennials and in a prime location just off Memorial Highway, this property would make a great primary residence, weekend home, or vacation rental. The lot is likely large enough for subdivision. Buy the one, build or sell a couple more? Just minutes down the road from The Historic Lake Lure Inn, Washburn Marina, Lake Lure Beach, Morse Park, Chimney Rock Village, Chimney Rock State Park, and everything the magical Hickory Nut Gorge has to offer.

Details

Property type

Single Family Residence

Est. home value

$428,474

Lot size

Unknown

Price per sq ft

$170

Year built

1940

Price History

08/23/2024
CanopyMLS

CanopyMLS #4134153

Price change
$390,000
-2.5%
08/01/2024
CanopyMLS

CanopyMLS #4134153

Price change
$400,000
-4.76%
06/27/2024
CanopyMLS

CanopyMLS #4134153

Price change
$420,000
-3.45%

Schools & Community

Elementary school: 

Lake Lure Classical Academy

Middle school: 

Lake Lure Classical Academy

High school: 

Lake Lure Classical Academy

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

$266,843
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$91,957
Cash to seller
$266,843

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

June 2016

Original loan amount

$111,550

Est. remaining balance

$91,957

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Edmund Warneke and Natalie Warneke

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 7:15 PM

Listing updated: 08/23/2024 at 10:25 AM

Listed by: George Carter, Dwell Realty Group Phone #: (828) 210-3898

MLS: CanopyMLS #4134153

CanopyMLS logo

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