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$165,000

Beds
2
Baths
1.0
sq ft
864

128 Archie Coffey Lane, Collettsville, NC 28611

128 Archie Coffey Lane

Collettsville, NC 28611

  • 106 days on market
    • Price drop $24,999↓
Looking for an affordable mountain getaway property? This is it! Whether you seek solitude or want to be close to the many outdoor activities in the area this is your place. It's located between Grandfather Mountain and Wilson Creek in scenic Avery County just over the Caldwell County line. See the attached information sheet about the mountain-biking, fishing, hiking and other outdoor adventures nearby. Equal distance to Boone/Blowing Rock, Lenoir and Banner Elk if you feel like leaving this peaceful and cozy retreat. Most of the furniture and contents convey for a turn-key purchase. Live here full-time, visit often year round or use it as a rental for income generation.

Details

Property type

Single Family Residence

Est. home value

$173,701

Lot size

Unknown

Price per sq ft

$191

Year built

1991

Price History

08/27/2024
CanopyMLS

CanopyMLS #4161866

Price change
$165,000
-13.16%
07/19/2024
CanopyMLS

CanopyMLS #4161866

Listed
$189,999
+62.39%
09/01/2021
CanopyMLS

CanopyMLS #3723058

Sold
$117,000

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

$96,345
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$55,455
Cash to seller
$96,345

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

July 2020

Original loan amount

$61,644

Est. remaining balance

$55,455

Interest rate

3.21%

Loan type

FHA, 28 year

Seller

Angela Gragg Reid and Terry Reid

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: 11/03/2024 at 8:00 AM

Listing updated: 09/24/2024 at 4:38 PM

Listed by: Tara Smith, Allen Tate Statesville Phone #: (704) 253-4340

MLS: CanopyMLS #4161866

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