tomo logo

$249,000

Beds
3
Baths
2.0
sq ft
1,144

366 Emma Road, Asheville, NC 28806

366 Emma Road

Asheville, NC 28806

  • 241 days on market
    • Price drop $10,000↓
INVESTOR OPPORTUNITY: 3 bed 2 bath home OUTSIDE Asheville City Limits with additional .14 acre lot to the rear! Convenient location near New Belgium Brewing, minutes to Patton Ave and Downtown Asheville. Improvements include a 50 year architectural shingle roof installed in 2008, 2023 water heater, and 2017 natural gas furnace. Home being sold As-Is. Tenant will be moving out. No showings allowed. Interior photos upon request. Do not disturb tenant!

Details

Property type

Single Family Residence

Est. home value

$189,893

Lot size

Unknown

Price per sq ft

$218

Year built

1919

Price History

05/14/2024
CanopyMLS

CanopyMLS #4084093

Listed
$249,000
02/28/2024
CanopyMLS

CanopyMLS #4084093

Pending
$249,000
01/24/2024
CanopyMLS

CanopyMLS #4084093

Price change
$249,000
-3.86%

Schools & Community

Elementary school: 

Emma/Eblen

Middle school: 

Clyde A Erwin

High school: 

Clyde A Erwin

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

$176,191
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$52,889
Cash to seller
$176,191

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

Seller’s Loan History

Lender

Countrywide Bank Fsb

Loan start date

October 2008

Original loan amount

$75,000

Est. remaining balance

$52,889

Interest rate

6.47%

Loan type

Not Provided, 30 year

Seller

Ronnie Fender and Melinda Fender

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?

Similar Homes Nearby

CanopyMLS
$259,950
2 bd
|
1 ba
|
916 sq ft
|
House

561 Emma Road, Asheville, NC 28806

Price drop
CanopyMLS
$275,000
- bd
|
1 ba
|
426 sq ft
|
Condo

37 Hiawassee Street Unit W102, Asheville, NC 28801

CanopyMLS
$265,000
- bd
|
1 ba
|
533 sq ft
|
Condo

119 Bowling Park Road, Asheville, NC 28803

Status: Active

Tomo last checked: 07/04/2024 at 11:40 PM

Listing updated: 06/25/2024 at 7:13 PM

Listed by: Austin Lechner, Altitude Real Estate Group Inc Phone #: (828) 419-0118

MLS: CanopyMLS #4084093

CanopyMLS logo

Recently listed in Asheville