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$850,000

Beds
5
Baths
3.0
sq ft
3,780

209 Velvet Lane, Weaverville, NC 28787

209 Velvet Lane

Weaverville, NC 28787

  • 220 days on market
    • Price drop $25,000↓
Convenient Weaverville setting, close to Future I-26, US Hwy 25, Shopping, Schools and Asheville. Main Level open includes Great Room w/ vaulted ceilings and is central to Kitchen w/ Breakfast Nook, Foyer and Dining Room. Spacious Primary Bedroom, updated bath and direct access to Screened Porch/Deck. 2nd bedroom or office, plus Laundry on main. Upper Level has 3 bedrooms, one being large Bonus Room, all served by Jack-n-Jill Bath. Basement has tremendous finished area for office, recreation or gym and storage area for mower, tools and double door to backyard. Double Garage on main and cul-de-sac privacy. Upgrades include New Roof 2023, Tankless Water Heater 2022, Update Light Fixtures and Fans 2021, HVAC Heat Pump 2023, home recently painted, Washer/Dryer included new in 2021. (Please ask about CPI Security System as special transfer conditions.) Generous use of hardwood and tile flooring, granite counter tops on .96 lot in Brookview Estates. Owned inground Propane tank.

Details

Property type

Single Family Residence

Est. home value

$815,978

Lot size

Unknown

Price per sq ft

$225

Year built

2003

Monthly HOA fee

$33.33

Price History

02/12/2025
CanopyMLS

CanopyMLS #4176545

Price change
$850,000
-2.86%
01/15/2025
CanopyMLS

CanopyMLS #4176545

Price change
$875,000
-2.78%
10/18/2024
CanopyMLS

CanopyMLS #4176545

Price change
$900,000
-7.69%

Schools & Community

Elementary school: 

North Buncombe/N. Windy Ridge

Middle school: 

North Windy Ridge

High school: 

North Buncombe

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

$489,784
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$292,216
Cash to seller
$489,784

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

February 2021

Original loan amount

$385,000

Est. remaining balance

$292,216

Interest rate

2.16%

Loan type

New Conventional, 15 year

Seller

Gray Mcquarrie and Margaret Mcquarrie

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: 04/04/2025 at 5:30 AM

Listing updated: 03/25/2025 at 8:30 AM

Listed by: Stephen Duncan, Allen Tate/Beverly-Hanks Asheville-Downtown Phone #: (828) 254-7221

MLS: CanopyMLS #4176545

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