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$690,000

Beds
3
Baths
2.5
sq ft
2,133

1731 Lee Gualtney Rd, Banner Elk, NC 28604

1731 Lee Gualtney Rd

Banner Elk, NC 28604

  • 83 days on market
    • Price drop $25,000↓
A fully furnished short-term rental property nestled in the scenic beauty of Banner Elk, NC. This charming mountain retreat offers 3 bedrooms, 2 bathrooms, and a perfect blend of rustic charm and modern amenities, making it a favorite among visitors. The spacious and inviting living area features a cozy fireplace, great for unwinding after a day of exploring the nearby Blue Ridge Mountains. Each bedroom is thoughtfully furnished to provide comfort and style, ensuring a restful stay for all guests. Outside, the expansive deck offers stunning views of the surrounding mountains, for morning coffee or evening relaxation. The large yard provides ample space for outdoor activities, and the secluded location guarantees peace and tranquility. Guests rave about the property's proximity to popular attractions, including skiing at Sugar Mountain and Beech Mountain, hiking trails, Banner Elk Winery (within walking distance), and the charming shops and restaurants of downtown.

Details

Property type

Single Family Residence

Est. home value

$706,934

Lot size

1.61 acres

Price per sq ft

$324

Year built

2002

Annual property taxes

$2,048.12

Price History

08/12/2024
HighCountry

HighCountry #250570

Price change
$690,000
-3.5%
06/28/2024
HighCountry

HighCountry #250570

Listed
$715,000
+28.83%
04/05/2022
CanopyMLS

CanopyMLS #3846608

Sold
$555,000

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

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

$158,860
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$475,940
Cash to seller
$158,860

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

March 2022

Original loan amount

$499,500

Est. remaining balance

$475,940

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Michael Martinez and Giselle Urizarri

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: 09/19/2024 at 5:50 PM

Listing updated: 08/16/2024 at 5:07 PM

Listed by: Tyler Coon, EXP REALTY OF NORTHWEST NC Phone #: (888) 584-9431

MLS: HighCountry #250570

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Recently listed in Banner Elk