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$215,000

Beds
2
Baths
2.0
sq ft
743

301 Pinnacle Inn Road Unit 1215, Beech Mountain, NC 28604

301 Pinnacle Inn Road Unit 1215

Beech Mountain, NC 28604

  • 350 days on market
    • Price drop $9,900↓
PRICE IMPROVEMENT on this TURNKEY two bedroom unit with a view of both Grandfather Mtn and the ski slopes. This unit is an established rental with a renter in place until 5/15/25. All of the work has been done with LVP and tile flooring, granite countertop with eating bar, tile backsplash, updated appliances, updated bathrooms, stone wood burning fireplace, window seat w/ski slope view, updated furnishings and décor. Sleeps 4. Queen bed in each bedroom. Established rental history. At an elevation of over 5,000 ft, this location is ideal for all four seasons! Enjoy snowy winters and cool summers on Beech Mtn. Wood burning fireplace is cozy after a day of skiing. Escape the heat in the summer months. Take in the cool mountain air from the covered porch. Summer temps on Beech Mtn rarely exceed 80 degrees! PET FRIENDLY-Owners can have 2 pets/unit and the Beech Mtn Dog Park is adjacent to Pinnacle Inn! ONLY PAY FOR ELECTRIC because the $471/month POA Fee includes water, sewer, fiber optic internet, trash, local phone and the MANY AMENITIES at Pinnacle Inn: Indoor pool, pickleball, tennis, hot tubs, fitness, sauna, game room, mini golf, grills & more! PRIME LOCATION on Beech Mtn & amenities are hard to find! Not far from Fred's General Store, Restaurants, Breweries, Playground, Sledding Hill & Wedding Venues. Beech Mtn Resort is nearby for skiing, tubing, ice skating, mtn biking, concerts, etc. Less than 10 minutes to downtown Banner Elk.

Details

Property type

Condominium

Est. home value

$261,584

Lot size

Unknown

Price per sq ft

$290

Year built

1984

Annual property taxes

$1,625.4

Monthly HOA fee

$471

Price History

08/12/2024
HighCountry

HighCountry #247128

Price change
$215,000
-4.4%
03/07/2024
HighCountry

HighCountry #247128

Price change
$224,900
-2.17%
12/09/2023
HighCountry

HighCountry #247128

Listed
$229,900
-5.78%

Schools & Community

Elementary school: 

Banner Elk

Middle school: 

Cranberry

High school: 

Avery County

Community features: 

Pool, Clubhouse, Fitness Center, Golf, Gated, Tennis Court(s)

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

$170,310
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$27,490
Cash to seller
$170,310

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 Tennessee

Loan start date

December 2017

Original loan amount

$46,000

Est. remaining balance

$27,490

Interest rate

3.19%

Loan type

New Conventional, 15 year

Seller

Anthony Frank Cianchetta Sr and Crystal Ann Cianchetta

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: 11/23/2024 at 7:20 AM

Listing updated: 08/12/2024 at 9:33 AM

Listed by: Theresa DeMarco Gatewood, Realty One Group Select Phone #: (980) 447-9001

MLS: HighCountry #247128

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