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$481,593Estimated home value

Beds
4
Baths
3.5
sq ft
3,228

50 Turkey Trot Lane, Burnsville, NC 28714

50 Turkey Trot Lane

Burnsville, NC 28714

  • Off market
    • Price drop $50,000↓
Your dream of owning a legacy mountain home, a forever haven for family and friends, is available now! Just in time for the incredible display of fall colors, this picture-perfect mountain oasis has undergone a down-to-the-studs $800K luxury renovation where everything has been lovingly reimagined. Catch your breath upon entering the sprawling open living space featuring a 300+ sq ft expansion, massive 30’ ceilings with walls of windows, an open layout & the absolute finest of finishes. Light and treehouse-like views abound from every vantage point. Custom kitchen w/ huge island, fully appointed wet-bar w/ double wine stewards, TWO primary ensuite bedrooms, 2 guest bedrooms, 3.5 spa baths (2 w/ heated floors!), 2 lofts (one being an amazing 3rd floor sleeping loft), FIVE fireplaces, dry-bar. & wine cellar that can double as media room or gym! Covered patio w/ fireplace, separate firepit/grill area. 35 mins from Asheville & 5 mins from downtown Burnsville & Toe River Arts! NO HOA FEES!

Details

Property type

Single Family Residence

Est. home value

$481,593

Lot size

Unknown

Price per sq ft

$403

Year built

1985

Price History

10/03/2024
CanopyMLS

CanopyMLS #4146225

Removed
$1,299,000
08/20/2024
CanopyMLS

CanopyMLS #4146225

Price change
$1,299,000
-3.71%
07/25/2024
CanopyMLS

CanopyMLS #4146225

Price change
$1,349,000
-3.57%

Schools & Community

Elementary school: 

Burnsville

Middle school: 

East Yancey

High school: 

Mountain Heritage

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

$845,592
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$349,488
Cash to seller
$845,592

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$356,000

Est. remaining balance

$349,488

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Andrew Harold Hoffman and Brian P Peinkofer

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: 10/04/2024 at 10:00 PM

Listing updated: 09/21/2024 at 2:14 PM

Listed by: Brian Peinkofer, Dawn Wilson Realty Phone #: (877) 502-1877

MLS: CanopyMLS #4146225

CanopyMLS logo