tomo logo

$359,700

Beds
2
Baths
1.5
sq ft
968

229 Spring Brook Road, Newland, NC 28657

229 Spring Brook Road

Newland, NC 28657

  • 22 days on market
    • Price drop $20,100↓
Impeccably maintained 2-bedroom, 1.5 bath mountain cottage in Linville Land Harbor. Step into an inviting great room featuring wood floors, a cozy fireplace, and an open eat-in kitchen. The living area flows onto a covered deck, excellent for enjoying the outdoors, with a fire pit area out back for added relaxation. Both bedrooms offer generous closet space, with main-floor laundry adding convenience. A walk-out basement, accessed externally, boasts the same footprint as the upstairs living area, providing ample storage and workshop potential. Basement is heated with commercial grade dehumidifier installed. Recent updates include a newer roof, vinyl exterior, kitchen cabinets, countertops, refrigerator, washer, and dryer. Must see to appreciate. Located in sought after Linville Land Harbor which offers 24/7 security, water, sewer, cable, high-speed internet, garbage/trash pickup, year-round road maintenance, heated swimming pool (summer only), pickleball, tennis and golf course, 45 acre recreation lake with trout & bass fishing, shuffleboard, hiking trails, activities & summer concerts. POA one-time initiation fee $5,000.00. Annual Linville Land Harbor POA fees of $3,456. Please note some activities require additional fees.

Details

Property type

Single Family Residence

Est. home value

$314,141

Lot size

5,663 sq ft

Price per sq ft

$372

Year built

1994

Annual property taxes

$1,000.8

Monthly HOA fee

$288

Price History

04/02/2025
HighCountry

HighCountry #254173

Price change
$359,700
-5.29%
03/12/2025
HighCountry

HighCountry #254173

Listed
$379,800
+42.81%
10/25/2021
HighCountry

HighCountry #232836

Sold
$265,950

Schools & Community

Elementary school: 

Crossnore

Middle school: 

Avery

High school: 

Avery County

Community features: 

Pool, Clubhouse, Fishing, Golf, Lake

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

$134,225
Asking price
$359,700
Closing costs (~8% of asking)
-$28,776
Est. remaining loan balance
-$196,699
Cash to seller
$134,225

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

Seller’s Loan History

Lender

Eastman Cu

Loan start date

October 2021

Original loan amount

$212,760

Est. remaining balance

$196,699

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Donna Lynn Gilliam

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?

Status: Active

Tomo last checked: 04/04/2025 at 5:25 AM

Listing updated: 04/02/2025 at 11:01 AM

Listed by: Shelley Pierce, Mountain Run Properties Phone #: (828) 733-9200

MLS: HighCountry #254173

HighCountry logo

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