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$550,000

Beds
2
Baths
1.0
sq ft
845

368 Poplar Gap Road, Hot Springs, NC 28743

368 Poplar Gap Road

Hot Springs, NC 28743

  • 31 days on market
Nestled in the serene landscape of Hot Springs, this charming cabin offers the perfect retreat for those dreaming of a homesteading lifestyle or short-term rental potential! Set on nearly 34 acres of pristine land, this property is a haven for nature lovers. The home exudes rustic charm with wood finishes and inviting ambiance, making it the ideal place to unwind and reconnect with nature. Step outside onto the expansive deck and take in breathtaking mountain views. The property is thoughtfully designed, featuring raised garden beds, wood shed, berry bushes, grapevines, and chicken coop. This home offers endless possibilities with a second build site and foundation already in place. Experience the tranquility of mountain living with all the amenities needed to create your perfect homestead. Fiber internet through French Broad Electric. The home is also in the NC Forestry Property Tax Program to reduce taxes. Don't miss the opportunity to own a slice of paradise in the heart of nature!

Details

Property type

Single Family Residence

Est. home value

$468,450

Lot size

Unknown

Price per sq ft

$651

Year built

1993

Price History

08/15/2024
CanopyMLS

CanopyMLS #4170111

Listed
$550,000
+83.33%
09/29/2020
CanopyMLS

CanopyMLS #3598763

Sold
$300,000

Schools & Community

Elementary school: 

Hot Springs

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

$275,670
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$230,330
Cash to seller
$275,670

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

September 2020

Original loan amount

$252,000

Est. remaining balance

$230,330

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Kamryn M Wisner

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: 09/16/2024 at 3:20 PM

Listing updated: 09/11/2024 at 4:24 PM

Listed by: Beth Zabriskie, Homesource Realty INC Phone #: (828) 252-1022

MLS: CanopyMLS #4170111

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