tomo logo

$365,000

Beds
2
Baths
1.0
sq ft
841

34 Rainbow Lake Circle, Black Mountain, NC 28711

34 Rainbow Lake Circle

Black Mountain, NC 28711

  • 20 days on market
    • Price drop $15,000↓
Extremely well kept, gorgeous cabin getaway close to Black Mountain, Asheville and Lake Lure. This cabin feels like a treehouse and is being sold completely turn key - Everything you'll need is in place - Even the tools in the shed/workshop are included! It's been a very successful rental and a personal getaway for the owners and they have taken excellent care of the property. It's beautifully appointed with handmade furniture, a stunning stone fireplace, antiques and a lot of love. Relax on the deck, sit by the fire-pit or get creative in the workshop. Whatever you do, you'll be glad you're doing it here! There's Starlink internet in place so you can stay connected. (Spectrum fiber is also available) Prequal needed to show. Showings Feb. 7th- March 2nd, 10am- 6pm. All offers due by March 3rd at noon. Seller will review and may accept offers over asking price prior to offer deadline. Call today!

Details

Property type

Single Family Residence

Est. home value

$316,464

Lot size

Unknown

Price per sq ft

$435

Year built

1981

Price History

02/14/2025
CanopyMLS

CanopyMLS #4217792

Price change
$365,000
-3.95%
02/03/2025
CanopyMLS

CanopyMLS #4217792

Listed
$380,000
+76.74%
08/31/2020
CanopyMLS

CanopyMLS #3530935

Sold
$215,000

Schools & Community

Elementary school: 

Black Mountain

Middle school: 

Charles D Owen

High school: 

Charles D Owen

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

$151,298
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$184,502
Cash to seller
$151,298

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

August 2020

Original loan amount

$204,250

Est. remaining balance

$184,502

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Dennis Ray Kirby Jr and Bonnie Miller Kirby

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 7:40 PM

Listing updated: 02/14/2025 at 3:48 PM

Listed by: Jason Brodsky, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4217792

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