tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,420

561 Summit Drive, Maggie Valley, NC 28751

561 Summit Drive

Maggie Valley, NC 28751

  • 1 day on market
**Discover the Heart of Mountain Living** Looking for a stunning home or the perfect vacation rental in the heart of the Smokies? This stylish, open-plan gem with a soaring 2-story great room, a cozy gas logs fireplace, and bright, sunny windows that wrap around the space, is an entertainer’s dream. ?? The spacious main floor features a large bedroom & full bath, and flows with easy access to decks and fenced yard. The upstairs loft has a sitting area and desk space overlooking the fireplace, a private primary bedroom, and bath, and offers both comfort and style. The best deck is on the 2nd level - every corner of this home invites you to unwind. Benefits: Roof 2023, Encapsulated crawl space, fenced dog yard, Storage shed, 3-car wide driveway, two newer mini-splits and kero monitor, Luxury vinyl plank floors, city water, septic system, paved road access. Located in Maggie Valley, near Harrah’s, Asheville, and Blue Ridge Parkway. This home is surrounded by nature and local attractions

Details

Property type

Single Family Residence

Est. home value

$363,066

Lot size

Unknown

Price per sq ft

$282

Year built

1984

Monthly HOA fee

$22.08

Price History

01/22/2025
CanopyMLS

CanopyMLS #4215394

Listed
$400,000
+25%
09/14/2023
CanopyMLS

CanopyMLS #4038953

Sold
$320,000
+52.38%
12/06/2019
CanopyMLS

CanopyMLS #3521349

Sold
$210,000

Schools & Community

Elementary school: 

Jonathan Valley

Middle school: 

Waynesville

High school: 

Tuscola

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

$84,092
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$283,908
Cash to seller
$84,092

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2023

Original loan amount

$288,000

Est. remaining balance

$283,908

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Steven Powell

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: 01/23/2025 at 4:25 AM

Listing updated: 01/22/2025 at 1:59 PM

Listed by: Lynda Bennett, Better Homes and Gardens Real Estate Heritage Phone #: (828) 926-5200

MLS: CanopyMLS #4215394

CanopyMLS logo

Recently listed in Maggie Valley