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$273,990

Beds
2
Baths
1.0
sq ft
579

30 Rainbow Lake Circle, Black Mountain, NC 28711

30 Rainbow Lake Circle

Black Mountain, NC 28711

  • 39 days on market
    • Price drop $10,510↓
(PRICED TO SELL) Completely Renovated Mountain High Retreat! (Fully Furnished/Air BNB Rental) Located less than 15 mins to Chimney Rock (Set to Re-Open this June), Less than 20mins to Lake Lure, 30 Mins to Downtown Black Mountain and Hendersonville and 45 Minutes to Asheville and the Historic Biltmore Estate. You won't be disappointed as you enter the doors of this completely renovated designer finished modern rustic cottage. Situated at elevation highs of 3200 feet you will love soaking in the Hot Tub in the evenings under the open skies and gazing at the stars. Turn the Key and Start Enjoying! (Priced well below Appraised Value for a Quick Sale) Life changes brings this home to the market - Bring your offers!

Details

Property type

Single Family Residence

Est. home value

$120,054

Lot size

Unknown

Price per sq ft

$474

Year built

1965

Price History

04/10/2025
CanopyMLS

CanopyMLS #4228159

Price change
$273,990
-3.69%
03/21/2025
CanopyMLS

CanopyMLS #4228159

Price change
$284,500
-1.55%
03/16/2025
CanopyMLS

CanopyMLS #4228159

Price change
$288,990
-3.67%

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

$40,113
Asking price
$273,990
Closing costs (~8% of asking)
-$21,919
Est. remaining loan balance
-$211,958
Cash to seller
$40,113

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

Seller’s Loan History

Lender

Nqm Funding Llc

Loan start date

January 2024

Original loan amount

$214,500

Est. remaining balance

$211,958

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Maddalone Investments Llc

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?

Status: Active

Tomo last checked: 04/10/2025 at 11:50 AM

Listing updated: 04/10/2025 at 8:35 AM

Listed by: Matthew Maddalone, Maddalone Real Estate LLC Phone #: (704) 593-6177

MLS: CanopyMLS #4228159

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