tomo logo

$497,000

Beds
3
Baths
3.5
sq ft
1,850

168 Wolf River Lane, Lake Lure, NC 28746

168 Wolf River Lane

Lake Lure, NC 28746

  • 57 days on market
    • Price drop $28,000↓
Mountain & lake living. This one-of-a-kind Lake Lure property is complete w/ main house & detached garage apartment that's perfect for short term rentals. Inside the main house you’ll find the primary bedroom w/onsuite bath & second bedroom on the main floor. Upstairs has a third bedroom, an exceptionally large bonus room & full bath. Natural light, butcher block counter in kitchen & wood floors throughout. Also, on the property is the detached garage apartment featuring 2 bonus rooms w/ queen beds, 1 full bath, laundry, full size kitchen & living room all located above an over-sized garage. Apartment is ideal for guest, rental income or extended family. Upgrades include a new roof & updated HVAC. Additional lot can be included in the sale along with furnishings. Rumbling Bald offers a wide array of amenities w/ 3 pools, sauna, onsite spa, tennis, pickle ball, & basketball courts & 2 championship 18-hole golf courses. Drive your golf cart to amenities. This home is a must see.

Details

Property type

Single Family Residence

Est. home value

$447,587

Lot size

Unknown

Price per sq ft

$269

Year built

2004

Monthly HOA fee

$404.5

Price History

01/18/2025
CanopyMLS

CanopyMLS #4204554

Price change
$497,000
-5.33%
12/07/2024
CanopyMLS

CanopyMLS #4204554

Listed
$525,000
+71.01%
03/30/2021
CanopyMLS

CanopyMLS #3661974

Sold
$307,000

Schools & Community

Elementary school: 

Pinnacle

Middle school: 

R-S Middle

High school: 

R-S Central

Community features: 

Clubhouse, Fitness Center, Golf, Sidewalks, Tennis Court(s)

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

$204,986
Asking price
$497,000
Closing costs (~8% of asking)
-$39,760
Est. remaining loan balance
-$252,254
Cash to seller
$204,986

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

March 2021

Original loan amount

$276,300

Est. remaining balance

$252,254

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Abasi J A Chapman and Krysta Chapman

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: 02/02/2025 at 4:50 AM

Listing updated: 01/30/2025 at 5:20 PM

Listed by: Lauren Eaddy, Patton Allen Real Estate LLC Phone #: (828) 348-1154

MLS: CanopyMLS #4204554

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