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$550,000

Beds
3
Baths
2.0
sq ft
1,300

16 Lowell Street, Asheville, NC 28803

16 Lowell Street

Asheville, NC 28803

  • 7 days on market
This lovely Asheville cottage offers the convenience of Kenilworth, yet perfectly tucked away on Lowell Street. This adorable home has been loved and updated with many improvements including kitchen expansion, new appliances, updated fixtures, pantry nook with washer and dryer, natural gas connection, and beautiful wood flooring. You'll love the open floor plan, with a cottage design. The primary suite area offers a separate entrance off of the side yard, and split from the other two bedrooms, lending to comfort and privacy. Off-street parking in the large, shared driveway located behind the home. Embrace all of the culinary options, shopping, and adventures just minutes away in Downtown Asheville.

Details

Property type

Single Family Residence

Est. home value

$493,516

Lot size

Unknown

Price per sq ft

$424

Year built

1953

Price History

01/14/2025
CanopyMLS

CanopyMLS #4211616

Listed
$550,000
+34.31%
08/13/2021
CanopyMLS

CanopyMLS #3747740

Sold
$409,500

Schools & Community

Elementary school: 

Asheville City

Middle school: 

Asheville

High school: 

Asheville

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

$233,954
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$272,046
Cash to seller
$233,954

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

April 2022

Original loan amount

$320,000

Est. remaining balance

$272,046

Interest rate

3.15%

Loan type

New Conventional, 15 year

Seller

Vince Polito and Rebecca Marie Minneman

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: 01/22/2025 at 1:45 AM

Listing updated: 01/22/2025 at 12:36 AM

Listed by: Brandie D. Huffman, Allen Tate/Beverly-Hanks Asheville-Biltmore Park Phone #: (828) 684-8999

MLS: CanopyMLS #4211616

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