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$299,000

Beds
3
Baths
2.0
sq ft
1,350

3178 Penland Road, Spruce Pine, NC 28777

3178 Penland Road

Spruce Pine, NC 28777

  • 125 days on market
    • Price drop $20,000↓
Price improved! And newly encapsulated crawlspace! Beautifully remodeled home! Convenient to both Spruce Pine and Burnsville! Less than a mile from 19E, you'll experience the perfect blend of convenience AND privacy. The property is mostly level and very usable with a sweet little creek on both sides of the yard. There is a natural spring feeding the water feature on the property as well! Everything inside has been redone for both comfort and function. The home includes new kitchen appliances as well! The property sits roughly 1 mile from public Toe River access; 3.4 miles from Penland School of Crafts; 7 minutes to Spruce Pine, 15 minutes to Burnsville; and centrally located roughly 1 hour from Asheville, Johnson City, TN, and Boone. Come take a look! Agent is the owner.

Details

Property type

Single Family Residence

Est. home value

$180,957

Lot size

Unknown

Price per sq ft

$222

Year built

1969

Price History

11/05/2024
CanopyMLS

CanopyMLS #4163197

Price change
$299,000
-6.27%
08/27/2024
CanopyMLS

CanopyMLS #4163197

Price change
$319,000
-1.85%
08/05/2024
CanopyMLS

CanopyMLS #4163197

Price change
$325,000
-4.13%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$137,658
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$137,422
Cash to seller
$137,658

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

October 2023

Original loan amount

$138,800

Est. remaining balance

$137,422

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Zane Gabrial Greasamar and Hannah Lorraine Mccormick

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: 11/22/2024 at 3:40 PM

Listing updated: 11/05/2024 at 7:24 AM

Listed by: Hannah McCormick, Foxfire Real Estate, LLC Phone #: (828) 766-9509

MLS: CanopyMLS #4163197

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Recently listed in Spruce Pine