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$1,795,000

Beds
5
Baths
5.5
sq ft
7,549

2517 Pine Cove Road, Old Fort, NC 28762

2517 Pine Cove Road

Old Fort, NC 28762

  • 175 days on market
    • Price drop $55,000↓
Welcome home to your GORGEOUS mountain retreat! Nestled on 36 unrestricted acres is your private, tranquil, outdoor paradise! Fish in your own pond, stroll along the lush pasture beside the bustling creek and waterfall. Bring your horses and farm animals to roam inside the new 1000 ft farmhouse fence. Host the entire family in the French Styled, all brick, 3 level, 7550 Sq Ft home complete with 7 bedrooms (3 full master Bdr's, 5 Bdr septic permit), 5.5 Bth's, 2 kitchens, 4 woodburning fireplaces, and 3 car garage! Dream big! Wonderful opportunity to add additional homes with mountain views, RV's, glamping, B&B, farm, a second pond, corporate or recovery retreat (separate entrances great for retreat property!) If you dream of living free in nature, this is the place. No structural damage from storm, power restored in 4 days. Property maintained ingress and egress the entire time. Minutes to Old Fort, 15 min to Black Mtn. and 25 min to Asheville. See MLS #'s 4146014, 4146032, 4146041

Details

Property type

Single Family Residence

Est. home value

$1,595,229

Lot size

Unknown

Price per sq ft

$238

Year built

1998

Price History

10/28/2024
CanopyMLS

CanopyMLS #4145137

Price change
$1,795,000
-2.97%
09/13/2024
CanopyMLS

CanopyMLS #4145137

Price change
$1,850,000
-5.13%
07/06/2024
CanopyMLS

CanopyMLS #4145137

Price change
$1,950,000
-7.14%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$1,552,504
Asking price
$1,795,000
Closing costs (~8% of asking)
-$143,600
Est. remaining loan balance
-$98,896
Cash to seller
$1,552,504

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

July 2020

Original loan amount

$163,000

Est. remaining balance

$98,896

Interest rate

2.62%

Loan type

New Conventional, 10 year

Seller

George Waycaster

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: 11/22/2024 at 11:40 AM

Listing updated: 10/28/2024 at 7:49 AM

Listed by: Jon Galbreath, Higher Ground Properties Phone #: (828) 803-5106

MLS: CanopyMLS #4145137

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