tomo logo

$547,900

Beds
1
Baths
1.0
sq ft
837

55 South Market Street Unit 311, Asheville, NC 28801

55 South Market Street Unit 311

Asheville, NC 28801

  • 57 days on market
    • Price drop $2,000↓
Exquisite fully furnished condo in the heart of downtown Asheville. Easy walk to the finest restaurants, coffee shops, art galleries, music venues and shopping. Open floor plan, 10 foot ceilings, walk in shower and closet. Balcony with mountain view. Extremely well maintained and move in ready. Brand new furnishings, electric fireplace, washer, dryer, major kitchen appliances, kitchenware and TV's are all included in sale. Immaculate common area features indoor and outdoor kitchens with gas grills, seating, dining areas, community garden and gaming area. Call today for your showing!

Details

Property type

Condominium

Est. home value

$517,332

Lot size

Unknown

Price per sq ft

$655

Year built

2017

Monthly HOA fee

$362.54

Price History

06/16/2024
CanopyMLS

CanopyMLS #4135347

Price change
$547,900
-0.36%
05/08/2024
CanopyMLS

CanopyMLS #4135347

Listed
$549,900
+14.56%
08/30/2022
CanopyMLS

CanopyMLS #3877165

Sold
$480,000
+18.96%

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

$175,801
Asking price
$547,900
Closing costs (~8% of asking)
-$43,832
Est. remaining loan balance
-$328,267
Cash to seller
$175,801

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

Seller’s Loan History

Lender

First Internet Bank Of Indiana

Loan start date

August 2022

Original loan amount

$360,000

Est. remaining balance

$328,267

Interest rate

4.67%

Loan type

New Conventional, 15 year

Seller

Terry Allan Cromer and Mayra Estela Cromer

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?

Status: Active

Tomo last checked: 07/04/2024 at 9:40 PM

Listing updated: 06/15/2024 at 9:53 PM

Listed by: Jon Galbreath, Higher Ground Properties Phone #: (828) 803-5106

MLS: CanopyMLS #4135347

CanopyMLS logo

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