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$419,000

Beds
3
Baths
3.0
sq ft
2,031

314 Cedarwood Drive, Waynesville, NC 28785

314 Cedarwood Drive

Waynesville, NC 28785

  • 231 days on market
    • Price drop $6,000↓
***Sellers are giving up to $10,000 in concessions to the buyers.*** Welcome to your next home or thriving investment opportunity at 314 Cedarwood Dr, nestled in the beautiful mountains of North Carolina. This 3-bedroom, 3-bathroom cabin offers over 2,000 sqft of cozy living space and 2 spacious decks. The seller is selling it fully furnished. It is ready to move in. This property boasts a strong rental income history for those interested in investment. It is located near popular attractions which enhances its desirability. Just a short drive away, Asheville's vibrant culture and Gatlinburg’s quaint charm offer endless entertainment and dining options. You’re also minutes away from outdoor adventures at the Cataloochee Ski Area and serene hikes in Cherokee National Forest. Whether you make this your permanent residence or take advantage of the rental potential, 314 Cedarwood Dr is your chance to own a cabin in the Smokey Mountains.

Details

Property type

Single Family Residence

Est. home value

$379,086

Lot size

Unknown

Price per sq ft

$207

Year built

1996

Monthly HOA fee

$10

Price History

11/09/2024
CanopyMLS

CanopyMLS #4136568

Price change
$419,000
-1.41%
10/30/2024
CanopyMLS

CanopyMLS #4136568

Price change
$425,000
-0.12%
10/18/2024
CanopyMLS

CanopyMLS #4136568

Price change
$425,500
+0.12%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

None

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

$83,921
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$301,559
Cash to seller
$83,921

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2022

Original loan amount

$317,250

Est. remaining balance

$301,559

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Franklin Dale Cottrill and Halen Cottrill

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: 12/22/2024 at 9:05 AM

Listing updated: 11/09/2024 at 2:14 PM

Listed by: Nick Dyke, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4136568

CanopyMLS logo

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