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$389,000

Beds
2
Baths
1.0
sq ft
832

53 Chad Crawford Road, Balsam, NC 28707

53 Chad Crawford Road

Balsam, NC 28707

  • 9 days on market
Step into the charm of the Firefly Cottage, a beautifully remodeled home over 100 years old, nestled in the serene beauty of Balsam. This enchanting retreat offers breathtaking mountain views, including a glimpse of the historic Grand Old Lady Hotel, all while being just 40 minutes from Asheville, Waynesville, and Cherokee. Thoughtfully renovated in true Chip and Joanna Gaines style, this cottage seamlessly blends historic character with modern comforts. Original wood flooring and classic beadboard walls preserve the home's timeless appeal, while a mini-split system ensures efficient heating and cooling. The kitchen features stunning leathered granite countertops, and a water conditioning system adds to the home's thoughtful upgrades. With a spacious two-level storage room and a layout designed for comfort, Firefly Cottage is a rare find. Being sold mostly furnished: please see the exclusions list. Don't miss your chance to call this charming cottage yours!

Details

Property type

Single Family Residence

Est. home value

$155,303

Lot size

Unknown

Price per sq ft

$468

Year built

1920

Price History

02/14/2025
CanopyMLS

CanopyMLS #4222377

Listed
$389,000
+159.33%
11/01/2022
CanopyMLS

CanopyMLS #3874948

Sold
$150,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$219,455
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$138,425
Cash to seller
$219,455

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

Seller’s Loan History

Lender

Radius Financial Group Inc

Loan start date

November 2022

Original loan amount

$142,500

Est. remaining balance

$138,425

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Gina Banks and Todd Saunders

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: 02/24/2025 at 4:00 AM

Listing updated: 02/15/2025 at 9:10 AM

Listed by: Pamela Williams, Allen Tate/Beverly-Hanks Waynesville Phone #: (828) 452-5809

MLS: CanopyMLS #4222377

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Recently listed in Balsam

$389,000|2 bd|1.0 ba|House
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Disclaimers

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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.