tomo logo

$525,000

Beds
3
Baths
2.5
sq ft
1,901

351 Morlin Acres Drive, Marshall, NC 28753

351 Morlin Acres Drive

Marshall, NC 28753

  • Pending
    • Price drop $24,990↓
Nestled on a serene, private property, this charming farmhouse offers the perfect blend of rustic charm & modern comfort. Step inside to find beautiful hardwood floors that flow throughout the open-concept living space. The spacious kitchen is ideal for entertaining, featuring ample counter space, updated appliances, & a seamless connection to the dining & living areas. Large windows fill the home with natural light while offering picturesque views of the surrounding landscape. Outside, a stunning wrap-around deck invites you to relax & enjoy the peaceful setting. Unwind in the hot tub under the stars, or watch the kids play on the custom playset. The expansive 1,889 sq. ft. unfinished basement provides endless possibilities—whether you're looking for extra storage, a workshop, or future living space. This home is a rare find, offering privacy, charm, & plenty of room to grow. Located less than 10 minutes from Weaverville & Marshall & only 20 from Downtown Asheville.

Details

Property type

Single Family Residence

Est. home value

$483,084

Property condition

New Construction

Lot size

Unknown

Price per sq ft

$277

Year built

2006

Price History

04/05/2025
CanopyMLS

CanopyMLS #4232061

Pending
$525,000
03/31/2025
CanopyMLS

CanopyMLS #4232061

Price change
$525,000
-4.54%
03/16/2025
CanopyMLS

CanopyMLS #4232061

Price change
$549,990
-4.35%

Schools & Community

Elementary school: 

Brush Creek

Middle school: 

Madison

High school: 

Madison

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

$277,008
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$205,992
Cash to seller
$277,008

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

Seller’s Loan History

Lender

First Bank

Loan start date

April 2020

Original loan amount

$230,000

Est. remaining balance

$205,992

Interest rate

3.29%

Loan type

New Conventional, 30 year

Seller

Nathan Ray and Sara Ray

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?

Status: Pending/Under Contract

Tomo last checked: 04/10/2025 at 7:30 AM

Listing updated: 04/05/2025 at 8:10 AM

Listed by: Jonathan Gonzalez, NextHome Partners Phone #: (828) 338-8121

MLS: CanopyMLS #4232061

CanopyMLS logo

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