tomo logo

$380,000

Beds
2
Baths
2.5
sq ft
1,090

16 Spears Avenue Unit 18, Asheville, NC 28801

16 Spears Avenue Unit 18

Asheville, NC 28801

  • 58 days on market
NO APPARENT STORM DAMAGE!!!! This charming two-story, two-bedroom, two-and-a-half-bath townhome offers a serene retreat less than a mile from downtown Asheville. Located in the quiet back section of the Oak Terrace complex, the home has a peaceful ambiance with a lovely green space behind the fenced patio and yard. The primary suite features an elegantly updated bath and the wood-burning fireplace in the living room elevates this from the ordinary. Conveniently located and walkable to three grocery stores, Claxton Elementary, Five Points, and a plethora of amenities on Merrimon Ave.

Details

Property type

Townhouse

Est. home value

$383,561

Lot size

Unknown

Price per sq ft

$349

Year built

1987

Monthly HOA fee

$306

Price History

09/10/2024
CanopyMLS

CanopyMLS #4181575

Listed
$380,000
+24.18%
10/26/2021
CanopyMLS

CanopyMLS #3786458

Sold
$306,000

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

$121,650
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$227,950
Cash to seller
$121,650

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

Seller’s Loan History

Lender

Bokf Na

Loan start date

October 2021

Original loan amount

$244,000

Est. remaining balance

$227,950

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tyler D Michalove and Mary K Michalove

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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436 Windswept Drive, Asheville, NC 28801

Status: Active

Tomo last checked: 11/08/2024 at 8:45 AM

Listing updated: 10/08/2024 at 11:46 AM

Listed by: LeNoir Medlock, Preferred Properties Phone #: (828) 258-2953

MLS: CanopyMLS #4181575

CanopyMLS logo

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