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$350,000

Beds
3
Baths
2.0
sq ft
1,889

402 Log Cabin Road, Waynesville, NC 28786

402 Log Cabin Road

Waynesville, NC 28786

  • 104 days on market
    • Price drop $10,000↓
Remodeled and updated 3 bedroom, 2-bath cottage-style home. Main floor allows for one-level living: a modern kitchen, stainless appliances, breakfast bar, laundry room, 2 bedrooms and beautifully remodeled full bath. Downstairs, you'll be surprised by the custom-finished full basement level. The spacious family room includes built-in cabinetry, an electric fireplace, a full bath, a bedroom, and a bonus room. Tongue and groove ceilings and wooden finish details throughout the home enhance the cozy cottage feeling and style. Peach & cherry blossom trees and blueberries, a fire pit, a workshop, and a storage building are enticing outdoor features. 2023 upgrades: 220amp breaker box, mini-splits, well pump and pressure tank, foundation encapsulated, commercial dehumidifier, lifetime warranty flooring. 2022 new metal roof. Spectrum Internet. Rentals allowed. Country setting, and so convenient to town! Basement ingress/egress may impact some loan products for bedroom valuation.

Details

Property type

Single Family Residence

Est. home value

$366,045

Lot size

Unknown

Price per sq ft

$186

Year built

1955

Price History

08/10/2024
CanopyMLS

CanopyMLS #4148432

Price change
$350,000
-2.78%
07/29/2024
CanopyMLS

CanopyMLS #4148432

Price change
$360,000
-4%
07/17/2024
CanopyMLS

CanopyMLS #4148432

Price change
$375,000
-3.85%

Schools & Community

Elementary school: 

Hazelwood

Middle school: 

Waynesville

High school: 

Tuscola

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

$29,957
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$292,043
Cash to seller
$29,957

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

Seller’s Loan History

Lender

Central Mortgage Funding Llc

Loan start date

May 2022

Original loan amount

$304,000

Est. remaining balance

$292,043

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Michael Adam Kutsner and Jana Bridges

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: 09/18/2024 at 9:40 PM

Listing updated: 09/03/2024 at 12:54 PM

Listed by: Jaci Reynolds, RE/MAX Executive Phone #: (828) 564-9393

MLS: CanopyMLS #4148432

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