tomo logo

$819,000

Beds
4
Baths
2.5
sq ft
2,920

524 East French Broad Street, Brevard, NC 28712

524 East French Broad Street

Brevard, NC 28712

  • 107 days on market
    • Price drop $50,000↓
$50K PRICE IMPROVEMENT- MOTIVATED SELLERS! Iconic French Broad St. home. Each room greets you sensibly & purposefully as you move through the main level: Foyer, formal living room & dining room leading into the well appointed kitchen with an island. The kitchen has its own spacious casual dining & sitting area that is flanked by a bright & airy sunroom. Windows galore grab your gaze to perhaps the most stunning outdoor recreation-relaxation backyard in town. A huge deck leads you to a classic Gunite saltwater pool where you'll love splashing away hot afternoons with loved ones & friends. There's a pool house with a covered area for grilling & sipping in the shade. Back inside you'll find an office and laundry room, & a huge yet cozy den with fireplace where you can watch movies, play games & enjoy the company of others. All the bedrooms are upstairs along with 2 full baths so all will be close by for peace of mind. All of this so close to Franklin Park, Brevard College, and downtown!

Details

Property type

Single Family Residence

Est. home value

$724,564

Lot size

Unknown

Price per sq ft

$281

Year built

1966

Price History

11/07/2024
CanopyMLS

CanopyMLS #4168402

Price change
$819,000
-5.75%
10/10/2024
CanopyMLS

CanopyMLS #4168402

Price change
$869,000
-2.25%
09/05/2024
CanopyMLS

CanopyMLS #4168402

Price change
$889,000
-1.11%

Schools & Community

Elementary school: 

Brevard

Middle school: 

Brevard

High school: 

Brevard

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

$298,838
Asking price
$819,000
Closing costs (~8% of asking)
-$65,520
Est. remaining loan balance
-$454,642
Cash to seller
$298,838

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2022

Original loan amount

$478,000

Est. remaining balance

$454,642

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Jonathan R Merrill and Laura Carter Merrill

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: 11/23/2024 at 2:00 AM

Listing updated: 11/07/2024 at 5:10 PM

Listed by: Connie Chase, Fisher Realty - 10 Park Place Phone #: (828) 883-9895

MLS: CanopyMLS #4168402

CanopyMLS logo

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