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$829,000

Beds
3
Baths
4.0
sq ft
3,500

198 Palisade Drive, Mill Spring, NC 28756

198 Palisade Drive

Mill Spring, NC 28756

  • 6 days on market
This custom Blue Ridge log home offers a perfect blend of comfort and mountain charm. Spacious with attention to detail! Nestled on 2.38 acres in a private, gated community just minutes from Lake Lure, the home is designed to capture long-range mountain views. The open-concept main level is perfect for entertaining with stone fireplace, vaulted ceilings, exposed beams, spacious kitchen & dining area. Also on the main level is the primary bedroom suite, another bedroom, full bath & laundry. The loft bedroom has a full ensuite bathroom & a lovely mountain view. The finished lower level includes a game room with ping pong table, family room, 2nd kitchen area, full bath, & two bonus rooms (currently used as extra sleeping areas) —perfect for a full-time home or multi-family getaways! The expansive decks are ideal for enjoying morning coffee or grilling at sunset-don't forget to leave room for S'mores at the fire pit for dessert! Most furniture is available. Short-term rentals are allowed.

Details

Property type

Single Family Residence

Est. home value

$732,365

Lot size

Unknown

Price per sq ft

$237

Year built

2009

Monthly HOA fee

$25

Price History

09/12/2024
CanopyMLS

CanopyMLS #4180699

Listed
$829,000
+74.16%
09/16/2019
CanopyMLS

CanopyMLS #3414372

Sold
$476,000

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

$572,414
Asking price
$829,000
Closing costs (~8% of asking)
-$66,320
Est. remaining loan balance
-$190,266
Cash to seller
$572,414

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

Seller’s Loan History

Lender

Spc Cu

Loan start date

September 2019

Original loan amount

$265,000

Est. remaining balance

$190,266

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

Russell L Long and Jaqueline L Long

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 5:40 AM

Listing updated: 09/13/2024 at 5:04 AM

Listed by: Sherry Reavis, RE/MAX Journey Phone #: (828) 395-2222

MLS: CanopyMLS #4180699

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Recently listed in Mill Spring