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$530,000

Beds
2
Baths
2.0
sq ft
930

347 Howards Knob Rd, Boone, NC 28607

347 Howards Knob Rd

Boone, NC 28607

  • 53 days on market
    • Price drop $20,000↓
Peace and quiet less than five minutes from downtown Boone!!! Updated A-frame with rustic charm and modern features. Located on 1.59 acres with pond and situated high atop Howards Knob! Renovated kitchen with granite counters, industrial style open shelving and stainless steel appliances. The kitchen opens to a spacious living and dining area with large stone fireplace and wood stove. Beautifully updated full bath complete with tile shower on main entry level and upstairs you will find two large bedrooms. Sliding glass doors lead out onto an expansive open deck with mountain and pond views. The lower level of the home is accessed from the exterior and features a bonus/flex room, updated full bathroom with tile shower, laundry, and French doors leading to the stone patio area with pond view. No restrictions make this the perfect short-term rental or vacation getaway!!

Details

Property type

Single Family Residence

Est. home value

$465,500

Lot size

1.59 acres

Price per sq ft

$570

Year built

1973

Annual property taxes

$1,175.63

HOA

No

Price History

12/18/2024
HighCountry

HighCountry #252101

Price change
$530,000
-3.64%
10/30/2024
HighCountry

HighCountry #252101

Listed
$550,000
+61.76%
11/19/2021
HighCountry

HighCountry #233241

Sold
$340,000

Schools & Community

Elementary school: 

Hardin Park

Middle school: 

Unknown

High school: 

Watauga

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

$356,887
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$130,713
Cash to seller
$356,887

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

Seller’s Loan History

Lender

Presidential Bank Fsb

Loan start date

November 2021

Original loan amount

$140,000

Est. remaining balance

$130,713

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Christopher T Phillips and Christina Phillips

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: 12/23/2024 at 1:40 PM

Listing updated: 12/17/2024 at 8:00 PM

Listed by: Ike Franks, RE/MAX Realty Group Phone #: (828) 262-1990

MLS: HighCountry #252101

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