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$550,000

Beds
3
Baths
2.0
sq ft
2,468

161 Summit Court, Lake Lure, NC 28746

161 Summit Court

Lake Lure, NC 28746

  • 91 days on market
    • Price drop $50,000↓
Lovely and cozy Chalet home located conveniently behind the gates of Rumbling Bald. The vaulted ceilings and large windows bring in tons of natural light. The great room opens to a large screened in porch where you can enjoy your morning coffee or relax in the evening taking in the peace of the mountains surrounding you. Three bedrooms allow for plenty of room to spread out. The large primary suite features it's own bath and private balcony. Relax in the loft where you can look out above the trees or hang out in the game room. Take a nap in the hammock or sit by the fire making smores! Picture chilly evenings relaxing in front of the fire with your loved ones while drinking hot chocolate or watching a movie, playing games or all of the above! This home is a perfect getaway to get back to nature and relax while still having all the modern conveniences.

Details

Property type

Single Family Residence

Est. home value

$446,471

Lot size

Unknown

Price per sq ft

$223

Year built

1984

Monthly HOA fee

$354

Price History

07/16/2024
CanopyMLS

CanopyMLS #4150528

Price change
$550,000
-8.33%
06/20/2024
CanopyMLS

CanopyMLS #4150528

Listed
$600,000
+226.09%
02/28/2020
CanopyMLS

CanopyMLS #3584626

Sold
$184,000

Schools & Community

Elementary school: 

Lake Lure Classical Academy

Middle school: 

Lake Lure Classical Academy

High school: 

R-S Central

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

$382,356
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$123,644
Cash to seller
$382,356

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2020

Original loan amount

$165,600

Est. remaining balance

$123,644

Interest rate

3.07%

Loan type

New Conventional, 15 year

Seller

Gerald L Clontz and Amy B Clontz

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: 09/13/2024 at 9:50 AM

Listing updated: 08/24/2024 at 10:15 AM

Listed by: Marla Machado, Epique Inc. Phone #: (888) 893-3537

MLS: CanopyMLS #4150528

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