tomo logo

$1,575,000

Beds
4
Baths
4.5
sq ft
4,565

16805 Reinsch Drive, Davidson, NC 28036

16805 Reinsch Drive

Davidson, NC 28036

  • 70 days on market
    • Price drop $25,000↓
Wonderful opportunity to own an Arthur Rutenberg Asheville plan in the highly sought after Reserve at River Run subdivision. This amazing home exudes luxury while providing a floor plan conducive to everyday living. You're greeted with a soaring 2 story foyer w/ grand staircase. Then enter into the great room where there are 8 x 12 foot sliders that open your indoor living space to the outdoor living space. The outdoor space is screened & offers a fireplace. Gourmet kitchen has an over sized island, tile backsplash, gas cooktop, SS appliances, dual/convection ovens and large walk in pantry. Wet bar off kitchen has a bev. refrigerator/wine room with built in wine bottle racks. First floor master with deluxe master bath. Enjoy soaking in the large tub or taking a shower in oversized walk in shower. Dual sinks and large walk in closet. Many more features include 10' ceilings. 3 car garage, 8' doors, plant. blinds, shiplap, 2 bonus rooms (1 with wet bar) & office.

Details

Property type

Single Family Residence

Est. home value

$1,504,854

Lot size

Unknown

Price per sq ft

$346

Year built

2012

Monthly HOA fee

$66.25

Price History

06/10/2024
CanopyMLS

CanopyMLS #4132177

Price change
$1,575,000
-1.56%
05/29/2024
CanopyMLS

CanopyMLS #4132177

Price change
$1,600,000
-1.54%
05/13/2024
CanopyMLS

CanopyMLS #4132177

Price change
$1,625,000
-2.99%

Schools & Community

Elementary school: 

Davidson K-8

Middle school: 

Bailey

High school: 

William Amos Hough

Community features: 

Golf, Playground, Sidewalks, Street Lights

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

$1,082,416
Asking price
$1,575,000
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$366,584
Cash to seller
$1,082,416

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

July 2020

Original loan amount

$400,000

Est. remaining balance

$366,584

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Jeffrey J Caveney and Amanda D Caveney

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: 07/04/2024 at 10:55 PM

Listing updated: 06/10/2024 at 4:03 PM

Listed by: Greg Martin, MartinGroup Properties Inc Phone #: (704) 904-3131

MLS: CanopyMLS #4132177

CanopyMLS logo

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