tomo logo

$695,000

Beds
3
Baths
3.0
sq ft
2,372

421 Shores Way, Boone, NC 28607

421 Shores Way

Boone, NC 28607

  • Pending
Terrific mountain/log home with VIEWS in Boone, NC with a proven rental history. The home is located in Shores Farm, a lovely mountain home community just 10 minutes to dining and shopping and 15 minutes to downtown Boone. Featuring vaulted ceilings and an open design, this home is set up for enjoyment--with two living areas, three bedrooms, three bathrooms, and a hot tub and firepit outside. Enter from the front porch that has a swing for enjoying slow mornings and fresh hot coffee, to the remodeled kitchen, and dining area open to the living room. Large windows allow abundant natural light to stream into the living area with tongue and grove ceilings with a gorgeous stone, wood burning fireplace. Step through the sliding doors to the deck to breathe in the fresh mountain air and enjoy the beautiful view across the valley and over the mountains. Head down to the lower level to hang out and play games, where there is a living area, bunk room, bonus room, 3rd bathroom and laundry room. Slip on your bathing suit and head out to the hot tub for an evening under the stars. Seller has made significant improvements to the home, including replacing baseboard heat with 5 mini split heating and air units. The 1 car garage is currently set up as an additional game room space. There is ample parking at the home for everyone. Furniture is negotiable. 971 Square feet is finished in the basement but permit could not be found. The seller has a septic expansion permit for 3 bedrooms. Seller will complete the expansion of the septic field or or credit buyer for the work to expand at closing.

Details

Property type

Single Family Residence

Est. home value

$557,470

Lot size

0.54 acres

Price per sq ft

$294

Year built

1995

Annual property taxes

$1,441

HOA

No

Price History

01/22/2025
HighCountry

HighCountry #253263

Pending
$695,000
01/14/2025
HighCountry

HighCountry #253263

Listed
$695,000
+33.4%
06/21/2022
HighCountry

HighCountry #237036

Sold
$521,000
+128.01%

Schools & Community

Elementary school: 

Blowing Rock

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

$181,961
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$457,439
Cash to seller
$181,961

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

June 2022

Original loan amount

$476,000

Est. remaining balance

$457,439

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Donald G Duggin Jr

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: Pending/Under Contract

Tomo last checked: 01/23/2025 at 8:15 AM

Listing updated: 01/22/2025 at 2:30 PM

Listed by: Vandi Montero, Keller Williams High Country Phone #: (828) 386-1086

MLS: HighCountry #253263

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