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$312,000

Beds
2
Baths
1.5
sq ft
624

31 Lowe Drive, Waynesville, NC 28786

31 Lowe Drive

Waynesville, NC 28786

  • 89 days on market
    • Price drop $7,000↓
Opportunity to Renovate & Flip or Move In! Originally a barn this home needs an owner with a vision for creating a unique, 1,800 sq ft (estimate), mountain home, on over 1 acre of flat land! Renovations were initiated: second floor has potential for additional 602 sq ft and main level has potential for additional 758 sq ft heated and living area. Including the current HLA - this home has the potential for an estimated 1800 sq ft of heated and living area. Home is sold as-is. Location is optimal: minutes from downtown Waynesville; easy access to US 19-23 and I-40; 15 min. to Maggie Valley; and 30 min. to W. Asheville or Sylvia. Potential is unlimited for both home and land (not in flood zone). Do not miss this renovation opportunity - it is a jewel in the rough!

Details

Property type

Single Family Residence

Est. home value

$383,949

Lot size

Unknown

Price per sq ft

$500

Year built

1983

Price History

02/09/2025
CanopyMLS

CanopyMLS #4203338

Price change
$312,000
-2.19%
11/27/2024
CanopyMLS

CanopyMLS #4203338

Listed
$319,000
-1.85%
12/02/2021
CanopyMLS

CanopyMLS #3782515

Sold
$325,000

Schools & Community

Elementary school: 

Junaluska

Middle school: 

Waynesville

High school: 

Tuscola

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

-$10,441
Asking price
$312,000
Closing costs (~8% of asking)
-$24,960
Est. remaining loan balance
-$297,481
Cash to seller
-$10,441

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

December 2021

Original loan amount

$319,113

Est. remaining balance

$297,481

Interest rate

3.05%

Loan type

FHA, 30 year

Seller

Olivia M Vargo

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: 02/23/2025 at 10:05 PM

Listing updated: 02/08/2025 at 10:34 PM

Listed by: Debbie Green, Keller Williams Great Smokies Phone #: (828) 926-5155

MLS: CanopyMLS #4203338

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