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$525,000

Beds
3
Baths
2.5
sq ft
2,012

291 Down Springs Drive, Murphy, NC 28906

291 Down Springs Drive

Murphy, NC 28906

  • 201 days on market
    • Price drop $24,900↓
FURNISHED Mountain home with Majestic Views in Murphy! Nestled on just over 5 acres and completely unrestricted, this 3BR/2.5BA abode stuns with rustic style and a convenient level front yard. Surrounded by phenomenal mountain and valley views, every day feels like a private vacation at the lodge! Experience an open floor plan, river stone fireplace, vaulted ceilings w/beams, sleek appliances, large island w/seating, and ample cabinetry! Other features: 2-car garage w/loft area, AMAZING wrap-around covered porches, garden space, tons of parking, METAL ROOF, and a fire pit area. Close to Shook's Marina and Lake Hiawassee. Don't miss this one!

Details

Property type

Single Family Residence

Est. home value

$499,995

Lot size

5.15 acres

Price per sq ft

$261

Year built

2006

HOA

Yes

Price History

10/23/2024
NortheastGA

NortheastGA #407161

Price change
$525,000
-4.53%
08/07/2024
NortheastGA

NortheastGA #407161

Listed
$549,900
+67.14%
10/01/2020
GeorgiaMLS

GeorgiaMLS #8842382

Sold
$329,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Cherokee

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

$290,294
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$192,706
Cash to seller
$290,294

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

Seller’s Loan History

Lender

Central Trust Bank

Loan start date

September 2020

Original loan amount

$213,850

Est. remaining balance

$192,706

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Wilson H Legette Jr and Mary E Legette

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: 02/24/2025 at 5:05 PM

Listing updated: 12/30/2024 at 6:02 PM

Listed by: Dexter Hubbard, Sr., REMAX Mountain Properties Phone #: (828) 837-3002

MLS: NortheastGA #407161

NortheastGA logo

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