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$499,000

Beds
2
Baths
2.5
sq ft
1,985

217 Rainbow Ridge, Zionville, NC 28698

217 Rainbow Ridge

Zionville, NC 28698

  • 10 days on market
Nestled in the serene community of Carefree Cove, this fabulous log home offers breathtaking seasonal long-range layered views and summertime privacy. Relax on the balcony off the primary bedroom, or host guests in the lower-level guest suite, complete with a mini kitchen—ideal for family, friends, or even an AirBNB rental. This well-kept cabin is situated in a community that allows short-term rentals. Carefree Cove, located along the Ashe and Watauga county borders, is a gated neighborhood with meticulously maintained roads, a scenic walking trail, and friendly neighbors. There is a new storage shed that is not pictured. Hot Tub and some furnishings are negotiable

Details

Property type

Single Family Residence

Est. home value

$407,457

Lot size

2.57 acres

Price per sq ft

$252

Year built

2005

Annual property taxes

$1,481.26

Monthly HOA fee

$195.84

Price History

02/13/2025
HighCountry

HighCountry #253664

Listed
$499,000
+103.67%
02/15/2019
HighCountry

HighCountry #203563

Sold
$245,000

Schools & Community

Elementary school: 

Blue Ridge

Middle school: 

Unknown

High school: 

Ashe County

Community features: 

Gated

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

$278,090
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$180,990
Cash to seller
$278,090

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2020

Original loan amount

$200,000

Est. remaining balance

$180,990

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Mark Darren Erb and Judith Ann Erb

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: 02/24/2025 at 8:10 AM

Listing updated: 02/16/2025 at 3:20 PM

Listed by: Justin Hackler, Boone Realty Phone #: (828) 264-5267

MLS: HighCountry #253664

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