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$389,000

Beds
3
Baths
1.0
sq ft
1,482

1598 Tunnel Road, Asheville, NC 28805

1598 Tunnel Road

Asheville, NC 28805

  • Pending
Storybook home in East Asheville, where timeless character meets cozy comfort. Conveniently located just 10 minutes from downtown Asheville and Black Mountain, with easy access to the Blue Ridge Parkway, VA Hospital, local restaurants, and shopping. Situated on 2/3 acre with a gently sloping yard, this charming home features beautiful stone work, original hardwood flooring, and picture rail molding. Spacious living room and formal dining room have abundant natural light. Kitchen boasts stainless steel appliances, open-shelf cabinetry, and a farmhouse sink. Renovated bathroom includes a new vanity and built-in linen cabinets. Light-filled, spacious primary bedroom. Enjoy the outdoors while drinking your coffee on the back patio. Large basement with ample storage, perfect for a workshop or extra belongings. Easy access and additional space in the attic. The home has been a short term rental (buyer to verify current eligibility). Adjacent 0.69-acre lot is also available for purchase.

Details

Property type

Single Family Residence

Est. home value

$339,908

Lot size

Unknown

Price per sq ft

$263

Year built

1950

Price History

09/01/2024
CanopyMLS

CanopyMLS #4176157

Pending
$389,000
08/29/2024
CanopyMLS

CanopyMLS #4176157

Listed
$389,000
+102.6%
08/09/2018
CanopyMLS

CanopyMLS #3399703

Sold
$192,000
-54.82%

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

$242,463
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$115,417
Cash to seller
$242,463

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

January 2020

Original loan amount

$127,000

Est. remaining balance

$115,417

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Douglas J Flaherty and Rachel C Flaherty

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:25 AM

Listing updated: 09/01/2024 at 2:54 PM

Listed by: Trenton Thomas, Mosaic Community Lifestyle Realty Phone #: (828) 707-9556

MLS: CanopyMLS #4176157

CanopyMLS logo

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