tomo logo

$399,900

Beds
2
Baths
2.0
sq ft
1,090

315 Bear Cove Road, Bryson City, NC 28713

315 Bear Cove Road

Bryson City, NC 28713

  • 50 days on market
    • Price drop $15,100↓
Near total renovation at this super successful vacation rental. a modern, chic cottage filled with light! Tons of potential with NO local ordinances governing STR’s or Airbnb's! It presents a treehouse feel looking through huge windows with a view of surrounding forest. Very private, quiet & peaceful property, yet just 1 min from the hwy & 5 min to Bryson City. The exterior is painted dark gray with cedar highlights around the door & windows. NEW in the last 5 years: 200 amp panel box, HVAC, all plumbing & electric fixtures, shiplap walls, wood panel ceilings, granite counters & kitchen island, cabinets & appliances, hickory floors, windows, door, exterior staircases & deck. The paved drive leads to level yard & carport used as an add'l living area. It could be enclosed & heated for add'l living space. The main living area on 2nd floor has kitchen, dining, primary BR & bath plus a deck. The ground level has 2nd BR & full bath entered from exterior door, so easily used as 2nd rental

Details

Property type

Single Family Residence

Est. home value

$328,508

Lot size

Unknown

Price per sq ft

$367

Year built

1973

Price History

12/13/2024
CanopyMLS

CanopyMLS #4196770

Price change
$399,900
-3.64%
12/02/2024
CanopyMLS

CanopyMLS #4196770

Price change
$415,000
-2.12%
11/15/2024
CanopyMLS

CanopyMLS #4196770

Price change
$424,000
-1.17%

Schools & Community

Elementary school: 

West Swain

Middle school: 

Swain

High school: 

Swain

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

$172,730
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$195,178
Cash to seller
$172,730

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2020

Original loan amount

$215,175

Est. remaining balance

$195,178

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Jesscia Reel

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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100 Saw Grass Drive Unit 3, Whittier, NC 28789

Status: Active

Tomo last checked: 12/23/2024 at 6:10 AM

Listing updated: 12/13/2024 at 4:10 PM

Listed by: Diane Jones, Good Life Real Estate Company Phone #: (828) 318-8811

MLS: CanopyMLS #4196770

CanopyMLS logo

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