tomo logo

$295,000

Beds
2
Baths
1.0
sq ft
850

26 Pinetop Circle Unit B, Banner Elk, NC 28604

26 Pinetop Circle Unit B

Banner Elk, NC 28604

  • 21 days on market
2 bedroom one bath condo that has been renovated and ready for short term rentals in the heart of Banner Elk. All furniture included. Kitchen is fully stocked with brand new kitchen utensils. Condo has 2 great porches to enjoy the mountain air.

Details

Property type

Condominium

Est. home value

$271,869

Lot size

Unknown

Price per sq ft

$348

Year built

1987

Monthly HOA fee

$229

Price History

08/25/2024
CanopyMLS

CanopyMLS #4176817

Listed
$295,000
+24.47%
04/12/2024
CanopyMLS

CanopyMLS #4072348

Sold
$237,000
-0.84%
03/13/2024
CanopyMLS

CanopyMLS #4072348

Pending
$239,000

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

$204,221
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$67,179
Cash to seller
$204,221

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2007

Original loan amount

$100,000

Est. remaining balance

$67,179

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Cameron B Gallamore and Alyson T Gallamore

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: 09/16/2024 at 4:00 PM

Listing updated: 08/26/2024 at 5:05 AM

Listed by: Stephanie Smith, Select Premium Properties Inc Phone #: (910) 518-9280

MLS: CanopyMLS #4176817

CanopyMLS logo

Recently listed in Banner Elk