tomo logo

$259,900

Beds
2
Baths
2.0
sq ft
984

301 Pinnacle Inn Road Unit 3126, Beech Mountain, NC 28604

301 Pinnacle Inn Road Unit 3126

Beech Mountain, NC 28604

  • 101 days on market
    • Price drop $5,000↓
*SKIP THE STRESS AND HASSLE OF RENOVATING* RARE FIND…Truly unique OPEN FLOOR PLAN-Original wall between living room & kitchen has been removed, creating a very spacious feel. EASY ACCESS, 1ST FLOOR END UNIT. NO STAIRS. NO UNIT ABOVE. This end unit has 2 extra windows providing lots of natural light. Beautifully renovated & turnkey large 2 bedroom, 2 bath unit. Move right in or start renting immediately. Established short term rental. Sleeps 6. Laundry room w/additional storage in unit. Kitchen updates include high end durable quartz countertops (Dekton Trance brand), electric range, painted cabinets, soffits removed above cabinets to create an open feel. Fresh paint throughout. Custom Coffee Bar/Wet Bar with wood walls and ceiling. Wood ceilings installed in kitchen, dining room, and hallway. Electric baseboard heaters replaced w/four energy efficient wall heaters. Hot water heater replaced in 2022. Flooring on the porch was updated. Sellers also replaced kitchenware and bedding. At an elevation of over 5,000 ft, this location is ideal for all four seasons! The summer temperature on Beech Mtn rarely exceed 80 degrees, making it a great place to ESCAPE THE HEAT. Enjoy cool summers & snowy winters here. In the winter months, take the shuttle bus to the slopes, then warm up in front of the wood burning fireplace. PET FRIENDLY-2 pets/unit for owners and the Beech Mtn Dog Park is adjacent to Pinnacle Inn! ONLY PAY FOR ELECTRIC. $471/month POA Fee includes fiber optic internet, water, sewer, trash, local phone and the MANY AMENITIES at Pinnacle Inn: Indoor pool, hot tub, fitness, sauna, game room, pickleball, tennis, mini golf, grills & more! PRIME LOCATION on Beech Mtn and amenities are hard to find! Not far from Fred's General Store, Restaurants, Breweries, Playground, Sledding Hill, and Wedding Venues. Beech Mtn Resort is nearby for mtn biking, summer concerts, skiing, tubing, ice skating, etc. Less than 10 minutes to downtown Banner Elk.

Details

Property type

Condominium

Est. home value

$253,222

Lot size

Unknown

Price per sq ft

$265

Year built

1983

Annual property taxes

$1,824.21

Monthly HOA fee

$471

Price History

09/03/2024
HighCountry

HighCountry #251477

Price change
$259,900
-1.89%
08/14/2024
HighCountry

HighCountry #251477

Listed
$264,900
+5.96%
10/07/2022
HighCountry

HighCountry #237027

Sold
$250,000
+51.52%

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

$33,067
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$206,041
Cash to seller
$33,067

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

September 2022

Original loan amount

$212,500

Est. remaining balance

$206,041

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Brittney Alta Gates and Franklin Donald Gates

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 3:45 AM

Listing updated: 09/19/2024 at 9:47 PM

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

MLS: HighCountry #251477

HighCountry logo