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$343,800

Beds
2
Baths
2.0
sq ft
1,168

255 River Hollow Road, Newland, NC 28657

255 River Hollow Road

Newland, NC 28657

  • 115 days on market
    • Price drop $1,800↓
This is a very cozy, year round, one level living mountain cottage with an open kitchen, dining and den. Two Bedrooms, Two Baths with great living area. Home has Mini split as well as baseboard heat and propane wall heater. Enjoy the front deck with walk around down one side to a second entrance. Steps and ramp off of deck to circle driveway with plenty of parking. Home has a 500 sq. ft. basement for storage, workshop, etc. Basement is full of moving boxes, just waiting for the right buyer to make this their home!! The construction of this house is visible in the basement. Current owner invested in encapsulation, commercial dehumidifier and retaining wall when they purchased, to ensure the home and basement would stay dry throughout the year. Kitchen is sufficient with pantry storage, but could be updated to a magnificent kitchen space by building out where kitchen table sits - plenty of room for dining table under hanging lights near entrance. Plenty of options available, or just love it the way it is!! Home also includes a large loft area which is great for grandchildren!!! Being sold partially furnished with an inventory list showing what they are taking with them. All we need is you! Be sure to check out the Virtual Tour - (movie reel icon under photos) Linville Land Harbor POA one-time initiation fee $5,000.00. Annual Linville Land Harbor POA fees of $3,202.00 include: 24/7 security, water, sewer, cable, high-speed internet, garbage/trash pickup, year-round road maintenance, heated swimming pool (summer only), golf course, tennis & pickleball courts, trout & bass fishing, shuffleboard, hiking trails, planned activities & activity director. Only minutes from Blue Ridge Parkway, Grandfather Mountain, Linville Falls & various winter activities.

Details

Property type

Single Family Residence

Est. home value

$179,191

Lot size

7,405 sq ft

Price per sq ft

$295

Year built

1985

Annual property taxes

$586.81

Monthly HOA fee

$266.83

Price History

08/15/2024
HighCountry

HighCountry #249673

Price change
$343,800
-0.52%
07/25/2024
HighCountry

HighCountry #249673

Price change
$345,600
-0.52%
06/17/2024
HighCountry

HighCountry #249673

Price change
$347,400
-0.52%

Schools & Community

Elementary school: 

Crossnore

Middle school: 

Avery

High school: 

Avery County

Community features: 

Pool, Fishing, Golf, Lake, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First National Bank Of Pennsylvania

Loan start date

July 2022

Original loan amount

$75,000

Est. remaining balance

Not provided

Interest rate

5.1%

Loan type

Commercial, 20 year

Seller

Ernest Allan Stafford and Letelle C Stafford

Lender

First National Bank Of Pennsylvania

Loan start date

June 2020

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.34%

Loan type

Credit Line (Revolving), 22 year

Seller

Letelle C Stafford and Ernest Allan Stafford

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: 09/07/2024 at 9:50 PM

Listing updated: 08/15/2024 at 4:47 PM

Listed by: Kim Avery, Mountain Run Properties Phone #: (828) 733-9200

MLS: HighCountry #249673

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