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$535,000

Beds
3
Baths
3.0
sq ft
1,795

184 Farm Ln, Banner Elk, NC 28604

184 Farm Ln

Banner Elk, NC 28604

  • 52 days on market
This CONVENIENT, LOVELY Grandfather Farms home offers an INCREDIBLE SEASONAL VIEW of Grandfather Mountain off the front deck! Centrally located between Boone and Banner Elk, enjoy easy access to the most desirable amenities of the High Country- hiking, skiing, tubing, trout fishing, shopping, restaurants, festivals and more! The main floor features an open concept kitchen/living/dining room area, gorgeous newly remodeled bathroom, large bedroom, and an office (or hobby room!) that are all wheel chair accessible. Upstairs, you will find two spacious light-filled bedrooms, closet storage area, and a full bathroom. Downstairs in the basement, discover an incredibly fun recreational room with bunk beds, wet bar, full bathroom, and laundry room. This basement area was recently finished but was not permitted, and there is no heat or air conditioning. Space heater works like a charm! Like a place for your vehicle? Park your car at the main level of the home and enjoy access to the home via the new covered porch, or pull inside the basement garage. This home sits on a generous 1.62-acre parcel and offers exceptional privacy, bordered by POA owned lot likely not to be developed. Furnishings negotiable with some exclusions.

Details

Property type

Single Family Residence

Est. home value

$502,448

Lot size

1.62 acres

Price per sq ft

$299

Year built

2004

Annual property taxes

$1,344.13

Monthly HOA fee

$93.75

Price History

09/18/2024
HighCountry

HighCountry #251979

Listed
$535,000
+33.75%
06/10/2021
HighCountry

HighCountry #229983

Sold
$400,000

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

$195,988
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$296,212
Cash to seller
$195,988

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

Seller’s Loan History

Lender

Atlantic Home Loans Inc

Loan start date

June 2021

Original loan amount

$320,000

Est. remaining balance

$296,212

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Jamie Griffin Wilson and Brent Scott Wilson

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: 11/09/2024 at 11:25 AM

Listing updated: 10/20/2024 at 2:40 PM

Listed by: Emily Marlett, Allen Tate Realtors Boone Phone #: (828) 278-8337

MLS: HighCountry #251979

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Recently listed in Banner Elk