tomo logo

$397,000

Beds
2
Baths
2.0
sq ft
1,176

229 Ringtail Run, Murphy, NC 28906

229 Ringtail Run

Murphy, NC 28906

  • 355 days on market
    • Price drop $2,900↓
Beautiful log home tucked privately among the trees with Paved Road access and Fiber Internet! This is what having a cabin in the mountains is all about. This home offers rustic style and gorgeous updated kitchen and bathrooms, warm and cozy gar log fireplace, an amazing, large deck for entertaining (HOT TUB INCLUDED), plenty of flat parking, and covered porches. Ringtail Run is a private paved drive and the driveway with a large parking area that easy to get in an out of. The property is a mix of hardwoods, and native perennials and shrubs. Trails leading to the back of the property and a large outdoor wood burning fire pit. Just minutes from downtown Murphy, Blue Ridge and Copperhill/McCayesville, this cabin is close to everything. The Ocoee River Recreation area is just down the road. This cabin has everything, updated and ready for entertaining but centrally located to so many different area. Take a look; you won't be sorry. Short Term Rentals Allowed!

Details

Property type

Single Family Residence

Est. home value

$305,957

Lot size

0.66 acres

Price per sq ft

$338

Year built

2006

Monthly HOA fee

$41.67

Price History

09/03/2024
NortheastGA

NortheastGA #329992

Price change
$397,000
-0.73%
08/18/2024
NortheastGA

NortheastGA #329992

Removed
$399,900
06/26/2024
NortheastGA

NortheastGA #329992

Price change
$399,900
-3.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Cherokee County

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

$268,913
Asking price
$397,000
Closing costs (~8% of asking)
-$31,760
Est. remaining loan balance
-$96,327
Cash to seller
$268,913

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

Seller’s Loan History

Lender

Homestar Financial Corp

Loan start date

June 2017

Original loan amount

$112,800

Est. remaining balance

$96,327

Interest rate

4.05%

Loan type

New Conventional, 30 year

Seller

Timothy W Ball and Susan I Ball

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: 11/05/2024 at 4:25 AM

Listing updated: 09/03/2024 at 4:06 PM

Listed by: Tara Noland, Great Mountain Properties, Inc. Phone #: (828) 835-3275

MLS: NortheastGA #329992

NortheastGA logo

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