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$1,100,000

Beds
2
Baths
1.0
sq ft
1,121

21 Pearl Street, Asheville, NC 28801

21 Pearl Street

Asheville, NC 28801

  • 784 days on market
    • Price drop $100,000↓
1905 Arts and Crafts and additional Lot PIN# 964819545800000 & 964819546200000 CBD Zoned; in addition, the Property is located in Opportunity Zone. Property Can be used as an investment property, residential property, repurposed, or redeveloped. Property centrally located in Asheville's downtown City Business District surrounded by Multi-Family. The highest and Best use may be something to support the influx of residents coming to that area of Downtown Asheville. Many options!

Details

Property type

Single Family Residence

Est. home value

$371,927

Lot size

0.32 acres

Price per sq ft

$982

Year built

1905

HOA

No

Price History

08/19/2024
CanopyMLS

CanopyMLS #3905516

Price change
$1,100,000
-8.33%
04/04/2024
CanopyMLS

CanopyMLS #3905516

Removed
$1,200,000
01/31/2024
CanopyMLS

CanopyMLS #3905516

Listed
$1,200,000

Schools & Community

Elementary school: 

Asheville Primary

Middle school: 

Asheville

High school: 

Asheville

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

$990,141
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$21,859
Cash to seller
$990,141

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

April 2011

Original loan amount

$176,000

Est. remaining balance

$21,859

Interest rate

4.29%

Loan type

New Conventional, 15 year

Seller

Frank Letino

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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245 Short Coxe Avenue, Asheville, NC 28801

Status: Active

Tomo last checked: 11/08/2024 at 1:00 PM

Listing updated: 08/19/2024 at 10:15 AM

Listed by: Eddie Delaney, Allen Tate/Beverly-Hanks Asheville-North Phone #: (828) 251-1800

MLS: CanopyMLS #3905516

CanopyMLS logo

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