tomo logo

$325,000

Beds
4
Baths
2.0
sq ft
1,786

521 Old Vale Road, Newland, NC 28657

521 Old Vale Road

Newland, NC 28657

  • Pending
    • Price drop $74,000↓
IMMACULATE modular home featuring four bedrooms and two full baths. This home has so many features to make your mountain life easy and peaceful including a paved driveway, central heat AND AIR, a propane backup generator, city water and sewer, spacious bedrooms with nice closet space, a large kitchen, a dedicated dining area, a laundry room, a large fenced in area, a covered and enclosed front porch, covered parking, and an outside storage area. Cozy up to the electric fireplace in your large living area that features a coat closet. Extra features giving your home that more upscale look include nice kitchen cabinetry, crown molding, and chair railing. French doors lead from the primary bedroom into the ensuite bathroom featuring a double sink vanity and whirlpool tub. Location is perfect for not feeling like you are right in town while being just down the road from all the shopping and dining you need. Home being sold furnished. Don’t wait around; it’s hard to find all this in one property!

Details

Property type

Single Family Residence

Est. home value

$282,228

Lot size

0.52 acres

Price per sq ft

$182

Year built

2013

Annual property taxes

$1,595

HOA

No

Price History

08/30/2024
HighCountry

HighCountry #249955

Pending
$325,000
08/07/2024
HighCountry

HighCountry #249955

Price change
$325,000
-18.55%
06/02/2024
HighCountry

HighCountry #249955

Listed
$399,000
+131.3%

Schools & Community

Elementary school: 

Newland

Middle school: 

Unknown

High school: 

Avery County

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

$224,702
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$74,298
Cash to seller
$224,702

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

Seller’s Loan History

Lender

Lifestore Bank

Loan start date

September 2023

Original loan amount

$75,000

Est. remaining balance

$74,298

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Adam Drake Adcock and Paul Sidney Adcock

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 9:40 PM

Listing updated: 08/29/2024 at 10:07 PM

Listed by: Michelle Griffin, High Country Resort Properties Phone #: (828) 260-7751

MLS: HighCountry #249955

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