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$2,300,000

Beds
5
Baths
5.0
sq ft
5,580

45 Fates Overlook Loop, Black Mountain, NC 28711

45 Fates Overlook Loop

Black Mountain, NC 28711

  • 16 days on market
Located in the gated community of The Settings at Black Mountain, this custom Arts & Crafts home has stunning long-range mountain views from almost every room! The newly painted and updated exterior makes the house look like new construction. You’ll appreciate the nice gentle approach to the property plus level yard space which is unusual in such a sky high location. Inside, bright freshly painted rooms offer highlights such as vaulted Knotty Pine paneled ceilings and double tray ceilings, Cherry hardwood floors, multiple indoor and outdoor fireplaces, a spacious screened porch off the breakfast area/great room, a terrace level family room, game room, & private terrace stone patio/grotto plus all new lighting. Luxury details include dual primary closets, a built-in primary bath bubble tub, guest suite steam shower, laundry on each level, & finished storage rooms with stained concrete floors. This low maintenance home is just minutes to shopping & cute downtown Black Mountain.

Details

Property type

Single Family Residence

Est. home value

$2,017,635

Lot size

Unknown

Price per sq ft

$413

Year built

2008

Monthly HOA fee

$125

Price History

03/24/2025
CanopyMLS

CanopyMLS #4238481

Listed
$2,300,000
+21.05%
01/27/2023
CanopyMLS

CanopyMLS #3930878

Sold
$1,900,000
+52%
07/27/2018
CanopyMLS

CanopyMLS #3270730

Sold
$1,250,000

Schools & Community

Elementary school: 

Black Mountain

Middle school: 

Charles D Owen

High school: 

Charles D Owen

Community features: 

Clubhouse, Gated, Playground, Sidewalks

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

$1,823,440
Asking price
$2,300,000
Closing costs (~8% of asking)
-$184,000
Est. remaining loan balance
-$292,560
Cash to seller
$1,823,440

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

Seller’s Loan History

Lender

Weichert Financial Services

Loan start date

January 2023

Original loan amount

$300,000

Est. remaining balance

$292,560

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Katharine H Wallace

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?

Status: Active

Tomo last checked: 04/10/2025 at 11:25 AM

Listing updated: 03/25/2025 at 5:06 AM

Listed by: McRae Hilliard, Allen Tate/Beverly-Hanks Asheville-Downtown Phone #: (828) 254-7221

MLS: CanopyMLS #4238481

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