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$350,000

Beds
3
Baths
2.5
sq ft
1,760

1597 Cleghorn Mill Road, Rutherfordton, NC 28139

1597 Cleghorn Mill Road

Rutherfordton, NC 28139

  • 2 days on market
Situated on 6+ acres this 3 bed/2 bath home is a perfect retreat for a homeowner or continued use as a successful AirBnb. Open concept from the kitchen to the living areas accommodates large gatherings around the gas log fireplace. Or enjoy the covered front porch or back yard covered porch and firepit. Home offers new roof and vinyl, LVP flooring, new stove and microwave. Paved drive with a large 2 car carport and multiple parking options. Lower fenced entrance has a tiny house and RV/Horse Trailer parking with electric hookup. Located directly across from the Cleghorn Golf and Sport Club, less than 10 min from Tryon International and next door to Broad River Access for paddling, swimming and fishing. This property is part of River Ridge HOA which offers gated access to the Broad River, with private common areas and picnic tables.

Details

Property type

Single Family Residence

Est. home value

$275,407

Lot size

Unknown

Price per sq ft

$199

Year built

2001

Monthly HOA fee

$9

Price History

01/30/2025
CanopyMLS

CanopyMLS #4213254

Listed
$350,000
+97.74%
08/27/2020
CanopyMLS

CanopyMLS #3598520

Sold
$177,000

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

$272,603
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$49,397
Cash to seller
$272,603

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

Seller’s Loan History

Lender

D & B Investments

Loan start date

January 2024

Original loan amount

$59,729

Est. remaining balance

$49,397

Interest rate

7.03%

Loan type

Not Provided, 5 year

Seller

John Michael Durr

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: 02/02/2025 at 4:50 AM

Listing updated: 01/31/2025 at 5:05 AM

Listed by: Joy Pharr, Ivester Jackson Blackstream Phone #: (828) 367-9001

MLS: CanopyMLS #4213254

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