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$839,000

Beds
3
Baths
3.5
sq ft
1,869

48 Merrell Road, Leicester, NC 28748

48 Merrell Road

Leicester, NC 28748

  • 74 days on market
Escape to 48 Merrell Road, a serene home offering comfort and convenience in picturesque Leicester, NC. This inviting property features 3 bedrooms and 3.5 baths, with bright, open living spaces and and a large modern kitchen for entertaining. Primary bedroom is on main. Large windows invite scenic nature into the kitchen with you. Expansive large back deck perfect for entertainment and enjoying the sound of the flowing creek and waterfall. The primary bedroom is on the first floor with laundry in primary closet. Workspace in the basement with a garage door for easy outside access. The outdoor space includes a hand built stone fire pit and seating area, a flowing creek with a built-in waterfall, and gorgeous grassy knolls. The lot is slightly over five and a half acres, with plenty of room to build separate structures or build a main house and have this one as a guest home. Privacy, opportunity, and serenity. This home is part modular and part stick built. See Agent remarks for roof.

Details

Property type

Single Family Residence

Est. home value

$537,458

Lot size

Unknown

Price per sq ft

$449

Year built

1990

Monthly HOA fee

$46.67

Price History

08/26/2024
CanopyMLS

CanopyMLS #4172323

Listed
$839,000
+133.06%
06/26/2019
CanopyMLS

CanopyMLS #3502765

Sold
$360,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$512,984
Asking price
$839,000
Closing costs (~8% of asking)
-$67,120
Est. remaining loan balance
-$258,896
Cash to seller
$512,984

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2019

Original loan amount

$288,000

Est. remaining balance

$258,896

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

The River Rock Revocable Trust

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: 11/05/2024 at 9:50 AM

Listing updated: 09/05/2024 at 4:54 PM

Listed by: D'Ann Ford, Premier Sotheby’s International Realty Phone #: (828) 277-3238

MLS: CanopyMLS #4172323

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