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$1,525,000

Beds
3
Baths
4.0
sq ft
2,845

500 Lynn Cove Road, Asheville, NC 28804

500 Lynn Cove Road

Asheville, NC 28804

  • 171 days on market
    • Price drop $25,000↓
Motivated Seller, Bring All Offers! Nestled in nature on Beaverdam creek, this house is built for entertaining. Host your guest on the many decks or relax in the hot tub and listen to the creek flow by. Almost 5 acres for privacy or your private trail network. 5 Minutes to the Blue Ridge Parkway, 12 minutes to the Grove Park Inn or Country Club of Asheville and 15 minutes to Downtown. Two primary suites on the main level. Upstairs there is a third bedroom and bonus room with kitchenette, and private entrance.. Another bonus room in the basement and a large foyer. One car garage and a seperate heated laundry room. Your creekside oasis awaits!

Details

Property type

Single Family Residence

Est. home value

$891,289

Lot size

Unknown

Price per sq ft

$537

Year built

1990

Price History

07/03/2024
CanopyMLS

CanopyMLS #4101542

Price change
$1,525,000
-1.61%
06/24/2024
CanopyMLS

CanopyMLS #4101542

Price change
$1,550,000
-3.12%
06/12/2024
CanopyMLS

CanopyMLS #4101542

Price change
$1,599,999
-3.03%

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

Reliance First Capital Llc

Loan start date

June 2015

Original loan amount

$345,400

Est. remaining balance

$279,125

Interest rate

3.8%

Loan type

New Conventional, 30 year

Seller

Gary E Cox

Lender

Bank Of America Na

Loan start date

June 2005

Original loan amount

$127,000

Est. remaining balance

Not provided

Interest rate

5.31%

Loan type

Credit Line (Revolving), 25 year

Seller

Gary E Cox and Phyllis S Cox

Lender

The First Bank & Trust Co Gray

Loan start date

May 2004

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Not Provided, 30 year

Seller

Gary E Cox and Phyllis S Cox

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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6 North Kensington Road, Asheville, NC 28804

Status: Active

Tomo last checked: 07/07/2024 at 5:05 PM

Listing updated: 07/03/2024 at 10:23 AM

Listed by: Brent Crowell, Keller Williams Realty Mountain Partners Phone #: (828) 290-1000

MLS: CanopyMLS #4101542

CanopyMLS logo

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