tomo logo

$570,000

Beds
1
Baths
1.5
sq ft
933

13 Fay Jones Lane, Black Mountain, NC 28711

13 Fay Jones Lane

Black Mountain, NC 28711

  • 11 days on market
Step into The Somerset, an inviting cottage with an open floor plan that boasts high ceilings and a serene monochromatic color scheme with sleek, clean lines. The exterior features a beautifully landscaped, low-maintenance yard, allowing you more time to unwind on your front porch while taking in the tranquil views of the Mountains and a thoughtfully designed meadow. For those considering an investment opportunity, The Somerset offers the benefit of no short-term rental restrictions within the Village of Cheshire. Enjoy the convenience of the community’s walking trails, which provide easy access to the Village Center. Plus, Asheville is a short drive away, and the charming town of Black Mountain is right at your doorstep. Experience the charm of Jacobs Cottages today and discover why The Village of Cheshire represents the pinnacle of community living.

Details

Property type

Single Family Residence

Est. home value

$535,991

Lot size

Unknown

Price per sq ft

$611

Year built

2021

Monthly HOA fee

$167

Price History

09/13/2024
CanopyMLS

CanopyMLS #4180841

Listed
$570,000
+6.54%
08/04/2023
TriangleMLS

TriangleMLS #2485722

Sold
$535,000
+0.09%
08/18/2022
CanopyMLS

CanopyMLS #3865646

Sold
$534,500

Schools & Community

Elementary school: 

Black Mountain

Middle school: 

Charles D Owen

High school: 

Charles D Owen

Community features: 

Fitness Center, Playground, Sidewalks, Street Lights, Tennis Court(s)

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

$262,504
Asking price
$570,000
Closing costs (~8% of asking)
-$45,600
Est. remaining loan balance
-$261,896
Cash to seller
$262,504

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2023

Original loan amount

$265,000

Est. remaining balance

$261,896

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Joshua Krogh and Kaitlin Krogh

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?

Status: Active

Tomo last checked: 09/17/2024 at 11:25 PM

Listing updated: 09/16/2024 at 10:14 AM

Listed by: John Bolos, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4180841

CanopyMLS logo

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