tomo logo

$1,350,000

Beds
4
Baths
3.5
sq ft
3,582

407 Signature Ridge Rd, Banner Elk, NC 28604

407 Signature Ridge Rd

Banner Elk, NC 28604

  • 14 days on market
Signature Ridge Lodge is a mountain paradise, newly built in 2019 with a blend of rustic charm and modern luxuries. Nestled in a landscaped neighborhood with large, lots, it’s minutes from Banner Elk, Sugar, and Beech mountains. The kitchen features custom cabinetry, stainless appliances, and elegant countertops, while the cozy family room boasts a modern fireplace. The main-level primary suite includes two walk-in closets, a large master bath with dual sinks, and a barnwood ceiling. The upper level has two king-size bedrooms and a full bath. The lower level offers a guest suite, built-in bunk beds, a luxury bathroom with a tile shower, and a spacious recreation area. Enjoy the outdoor firepit and wrap-around deck for relaxation. Additional conveniences include a 1-car garage and ample parking. This property is a vacation rental and is owned by a licensed realtor.

Details

Property type

Single Family Residence

Est. home value

$1,027,008

Lot size

1.36 acres

Price per sq ft

$377

Year built

2019

Annual property taxes

$3,309

Monthly HOA fee

$20.83

Price History

12/07/2024
HighCountry

HighCountry #252914

Listed
$1,350,000
+185.35%
11/01/2019
HighCountry

HighCountry #214216

Sold
$473,100

Schools & Community

Elementary school: 

Valle Crucis

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

$902,870
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$339,130
Cash to seller
$902,870

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2019

Original loan amount

$378,480

Est. remaining balance

$339,130

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Trevor Rush and Sonya Rush

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: 12/21/2024 at 8:20 PM

Listing updated: 12/12/2024 at 4:30 PM

Listed by: Anthony Dufrene, Fathom Realty NC LLC Phone #: (888) 455-6040

MLS: HighCountry #252914

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