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$2,449,874Estimated home value

Beds
4
Baths
4.0
sq ft
4,573

5 Nethermead Drive, Asheville, NC 28803

5 Nethermead Drive

Asheville, NC 28803

  • Sold On 10/18/2021
Reflecting the best in French country architecture and designed by Jack Arnold, 5 Nethermead is sited prominently on .62 acres within the gates of The Ramble Biltmore Forest. Grand and gracious with impressively scaled rooms throughout the home. Unsurpassed quality, from the custom wrought-iron staircase railing, reclaimed heart pine beams in the great room and formal dining area and a French door-lined hallway leading to the master wing with a cherry office. A gourmet kitchen with custom cabinetry opens to a sun-soaked hearth room and a private stone terrace. Upstairs features three bedrooms with a flex space. Idyllic setting just steps away from the trail system and parks.

Details

Property type

Single Family Residence

Est. home value

$2,449,874

Lot size

0.62 acres

Price per sq ft

$482

Year built

2006

Monthly HOA fee

$393

Price History

03/05/2025
CanopyMLS

CanopyMLS #4195364

Removed
$2,350,000
10/29/2024
CanopyMLS

CanopyMLS #4195364

Listed
$2,350,000
08/24/2024
CanopyMLS

CanopyMLS #4010082

Removed
$2,350,000

Schools & Community

Elementary school: 

Estes/Koontz

Middle school: 

Valley Springs

High school: 

T.C. Roberson

Community features: 

Fitness Center, Gated, Playground, Street Lights, Tennis Court(s)

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

$1,191,940
Asking price
$2,200,000
Closing costs (~8% of asking)
-$176,000
Est. remaining loan balance
-$832,060
Cash to seller
$1,191,940

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

Seller’s Loan History

Lender

Stifel Bank & Trust

Loan start date

October 2021

Original loan amount

$900,000

Est. remaining balance

$832,060

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Gregory L Booth and Catherine N Booth

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: Off Market

Tomo last checked: 04/02/2025 at 4:05 PM

Listing updated: 02/08/2023 at 3:14 PM

Listed by: Marilyn Wright, Premier Sotheby’s International Realty Phone #: (828) 277-3238

MLS: CanopyMLS #3777340

CanopyMLS logo

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