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$490,000

Beds
3
Baths
3.0
sq ft
2,420

248 Cinnamon Ridge, Rutherfordton, NC 28139

248 Cinnamon Ridge

Rutherfordton, NC 28139

  • 89 days on market
MOONDANCE at Clearwater Creek is for sale! Discover tranquility at Moondance, a serene, wooded retreat on 3.79 acres+/- bordering a small flowing creek. This cabin features a sprawling wrap-around porch, a new hot tub, and outdoor seating, all conveying, like most of the items in the home, with the property. Inside, high ceilings and a stone fireplace define the living area. It offers two main-level bedrooms and 2 full baths, plus a lower-level bedroom, bonus/sleeping room, and another bathroom. Also includes a two-car garage and a small fenced area for pets. Centrally located near Rutherfordton and Lake Lure, this home is ideal for both a vacation rental as an investment property and as a primary residence. The property, built in 2010, seamlessly blends modern amenities with the natural beauty of its surroundings, making it a haven for relaxation or adventure. The community offers beautifully maintained paved roads and a lovely park area for your enjoyment.

Details

Property type

Single Family Residence

Est. home value

$437,940

Lot size

Unknown

Price per sq ft

$203

Year built

2010

Monthly HOA fee

$30.67

Price History

08/07/2024
CanopyMLS

CanopyMLS #4168666

Listed
$490,000
+18.07%
10/25/2022
CanopyMLS

CanopyMLS #3890765

Sold
$415,000

Schools & Community

Elementary school: 

Pinnacle

Middle school: 

R-S Middle

High school: 

R-S Central

Community features: 

Gated, Playground

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

$129,323
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$321,477
Cash to seller
$129,323

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

October 2022

Original loan amount

$330,000

Est. remaining balance

$321,477

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Carly Blake and Sally Blake

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 6:30 AM

Listing updated: 09/18/2024 at 6:54 PM

Listed by: Ashley Everhart, Carolina Properties Phone #: (828) 625-1900

MLS: CanopyMLS #4168666

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