tomo logo

$900,000

Beds
3
Baths
4.0
sq ft
3,616

5 Meadow Ridge Drive, Asheville, NC 28804

5 Meadow Ridge Drive

Asheville, NC 28804

  • 40 days on market
    • Price drop $25,000↓
A terrific opportunity to create your dream home in Mountain Meadows at the top of Town Mountain, just minutes from the parkway. This is a lovely, spacious home on a gorgeous piece of property. Purchased in 2022 to create a mountain getaway. The primary bedroom, bath, closets and guest bath have been demoed and await your creative personal touch. There are marble floors, a vaulted ceilings, a two-car garage and a beautiful yard with southeast views. The home has great potential and needs the the right buyer to bring it back to life.

Details

Property type

Single Family Residence

Est. home value

$1,213,246

Lot size

Unknown

Price per sq ft

$249

Year built

1984

Monthly HOA fee

$50

Price History

03/19/2025
CanopyMLS

CanopyMLS #4224351

Price change
$900,000
-2.7%
02/19/2025
CanopyMLS

CanopyMLS #4224351

Listed
$925,000
-5.13%
02/13/2025
CanopyMLS

CanopyMLS #4158077

Removed
$975,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Charlotte Metro Fcu

Loan start date

April 2022

Original loan amount

$49,800

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 30 year

Seller

John C Sterritt and Andrea K Sterritt

Lender

Ubs Bank Usa

Loan start date

June 2018

Original loan amount

$581,928

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John C Sterritt and Andrea K Sterritt

Lender

Merrill Lynch Credit Corp

Loan start date

February 2004

Original loan amount

$158,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Credit Line (Revolving), 10 year

Seller

Among John C Sterritt and Andrea K Sterritt

Lender

Merrill Lynch Credit Corp

Loan start date

November 2001

Original loan amount

$462,500

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Stand Alone First, 25 year

Seller

John Sterritt and Andrea K Sterritt

Lender

Centura Bank

Loan start date

March 1999

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.74%

Loan type

Credit Line (Revolving)

Seller

John C Sterritt and Andrea Sterritt

Lender

Centura Bank

Loan start date

November 1998

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Credit Line (Revolving)

Seller

John C Sterritt and Andrea Sterritt

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: 03/31/2025 at 6:35 PM

Listing updated: 03/19/2025 at 11:45 AM

Listed by: Tammy Todd, NextHome AVL Realty Phone #: (828) 674-5316

MLS: CanopyMLS #4224351

CanopyMLS logo

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