tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,078

331 Fairview Road, Asheville, NC 28803

331 Fairview Road

Asheville, NC 28803

  • 160 days on market
    • Price drop $15,000↓
Charming Oakley Bungalow. This delightful 1929 2BR/2BA home seamlessly blends vintage charm with modern convenience. The open floor plan and numerous windows flood the living spaces with natural light. Enjoy grilling or relaxing with a new book on the side deck. A full basement provides ample room for a workshop, studio, and storage. Big open side yard ready for gardening or play. Just a short sidewalk stroll to Biltmore Village, to enjoy shopping, dining, and sipping. A handful of different breweries within a few blocks like Hillman, 7 Clans, French Broad, most have food and events. Andaaz for delicious Indian food, Well Bread Bakery, Corner Kitchen, antique and vintage shopping galore along the river. Downtown Asheville is only a few miles away and the airport is about a 20 min drive.

Details

Property type

Single Family Residence

Est. home value

$325,731

Lot size

Unknown

Price per sq ft

$325

Year built

1929

Price History

08/28/2024
CanopyMLS

CanopyMLS #4149556

Price change
$350,000
-4.11%
08/02/2024
CanopyMLS

CanopyMLS #4149556

Price change
$365,000
-1.35%
07/24/2024
CanopyMLS

CanopyMLS #4149556

Price change
$370,000
-1.33%

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

$88,353
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$233,647
Cash to seller
$88,353

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2021

Original loan amount

$251,831

Est. remaining balance

$233,647

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Robert Michael Ottey and Shannon Brittani Cobb

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 3:45 PM

Listing updated: 08/28/2024 at 6:35 PM

Listed by: Ali Whitman, GreyBeard Realty Phone #: (828) 298-1540

MLS: CanopyMLS #4149556

CanopyMLS logo

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