tomo logo

$535,000

Beds
3
Baths
2.0
sq ft
1,424

192 Shady Lane, Mill Spring, NC 28756

192 Shady Lane

Mill Spring, NC 28756

  • 96 days on market
    • Price drop $30,000↓
This cozy 3BR/2BA cabin style home is a great vacation getaway, home, or short-term rental with favorable rental income history for investors. The home has a deck for entertaining as well as a covered observation deck with the added feature of a gas fire pit and lots of out door space for entertaining. The kitchen area has access to the deck and there is a bedroom on the main floor. This property is easy to maintain and has views of the surrounding mountains. Less than 10 minutes from the Tryon International Equestrian Center. This property is offered furnished with a few exclusions.

Details

Property type

Single Family Residence

Est. home value

$508,395

Lot size

Unknown

Price per sq ft

$376

Year built

1981

Price History

11/12/2024
CanopyMLS

CanopyMLS #4170711

Price change
$535,000
-5.31%
09/15/2024
CanopyMLS

CanopyMLS #4170711

Price change
$565,000
-1.74%
08/14/2024
CanopyMLS

CanopyMLS #4170711

Listed
$575,000
+87.45%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$220,544
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$271,656
Cash to seller
$220,544

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 Bay Mortgage Group Llc

Loan start date

September 2021

Original loan amount

$291,412

Est. remaining balance

$271,656

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Richard J Lucas and Jordan John Lucas

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: 11/19/2024 at 8:35 AM

Listing updated: 11/12/2024 at 5:05 AM

Listed by: James Capsalis, CHARLESTON SOUTHERN REALTY LLC Phone #: (843) 568-3974

MLS: CanopyMLS #4170711

CanopyMLS logo

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