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$350,000

Beds
2
Baths
2.0
sq ft
1,306

220 Settlers Ridge Road, Burnsville, NC 28714

220 Settlers Ridge Road

Burnsville, NC 28714

  • 114 days on market
A must-see, this beautifully remodeled and updated cabin nestled in the woods, with a history of serving as a short-term rental. It is perfect as an investment property or as your own personal mountain getaway fully furnished. Situated in the mountains of Western North Carolina and just 40 minutes from downtown Asheville, this home features cozy wood accents, updates to flooring and lighting. On the main floor, you'll find one bedroom and a bathroom, while the loft offers a flexible space and an additional bathroom. Plus, it's less than 15 minutes from downtown Burnsville and conveniently close to the Cane River Park & Sports Complex.

Details

Property type

Single Family Residence

Est. home value

$259,147

Lot size

Unknown

Price per sq ft

$268

Year built

1993

Price History

10/07/2024
CanopyMLS

CanopyMLS #4178502

Listed
$350,000
09/10/2024
CanopyMLS

CanopyMLS #4178502

Pending
$350,000
08/29/2024
CanopyMLS

CanopyMLS #4178502

Listed
$350,000
+59.09%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Mountain Heritage

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

$128,235
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$193,765
Cash to seller
$128,235

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

March 2023

Original loan amount

$198,000

Est. remaining balance

$193,765

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Angelique Ramos and Carlos Ramos

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: 12/22/2024 at 4:00 PM

Listing updated: 12/04/2024 at 4:59 PM

Listed by: Jen Hubbell, Keller Williams Mtn Partners, LLC Phone #: (828) 290-1000

MLS: CanopyMLS #4178502

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