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$356,914Estimated home value

Beds
3
Baths
2.0
sq ft
1,404

209 Caribou Road, Asheville, NC 28803

209 Caribou Road

Asheville, NC 28803

  • Sold On 3/31/2025
This beautifully updated one-level home is nestled in a highly convenient neighborhood, just minutes from downtown Asheville, the River Arts District (RAD), and East Asheville. The spacious floor plan features hardwood floors throughout, creating a warm and inviting atmosphere. The primary bedroom boasts an updated ensuite bath, while two additional guest bedrooms share a stylishly renovated full bath. The updated kitchen shines with granite countertops, a breakfast bar, and stainless steel appliances. Situated on a large, mostly level lot with a charming creek, the property offers exceptional outdoor living. Relax in the lovely gazebo, complete with an outdoor fireplace and grill, or unwind on the welcoming front and back porches. Solar panels are a great addition to this wonderful home and help lower the utility costs. Note: Property is in flood plain and current owners have a flood policy. The property did NOT experience flooding during Helene.

Details

Property type

Single Family Residence

Est. home value

$356,914

Lot size

Unknown

Price per sq ft

$303

Year built

1971

Price History

03/27/2025
CanopyMLS

CanopyMLS #4225275

Sold
$425,000
02/28/2025
CanopyMLS

CanopyMLS #4225275

Pending
$425,000
02/26/2025
CanopyMLS

CanopyMLS #4225275

Listed
$425,000
+75.62%

Schools & Community

Elementary school: 

Oakley

Middle school: 

AC Reynolds

High school: 

AC Reynolds

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

$181,949
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$209,051
Cash to seller
$181,949

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2019

Original loan amount

$234,740

Est. remaining balance

$209,051

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Sebastian Robert Lee Farmer and Hannah Marie Haffman

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: Off Market

Tomo last checked: 04/01/2025 at 2:15 PM

Listing updated: 03/31/2025 at 4:21 PM

Listed by: Kishaun Green, Nest Realty Asheville Phone #: (828) 318-8313

MLS: CanopyMLS #4225275

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