tomo logo

$389,999

Beds
1
Baths
1.0
sq ft
690

571 Paradise Mtn Road, Canton, NC 28716

571 Paradise Mtn Road

Canton, NC 28716

  • 164 days on market
    • Price drop $5,000↓
Welcome to Blue Sky Cottage! Don't miss this income producing short term rental with a delightful setting that showcases long-range views into Pisgah National Forest. The property has a history of demonstrated success with renters, grossing over $50k in both 2022 and 2023, all with abundant 5 star reviews. This cozy cottage features a practical and welcoming 1br/1ba floor plan. The lower level features a cozy living room, spacious kitchen, full bathroom with walk-in shower, storage, plus a wrap around deck with seating and a hot tub to savor the exceptional mountain views. The upper level features a bedroom, closet storage, and a large window to gaze at the mountains. The home has been impeccably maintained, and is being sold fully furnished with tasteful decor! Future bookings can be transferred to a new buyer, if desired. The convenient location is only minutes to the Blue Ridge Parkway and endless outdoor recreation options, the towns of Canton, Waynesville, Asheville, and beyond!

Details

Property type

Single Family Residence

Est. home value

$311,859

Lot size

Unknown

Price per sq ft

$566

Year built

1993

Price History

10/23/2024
CanopyMLS

CanopyMLS #4152264

Price change
$389,999
-1.27%
08/26/2024
CanopyMLS

CanopyMLS #4152264

Price change
$394,999
-1.25%
07/31/2024
CanopyMLS

CanopyMLS #4152264

Price change
$399,999
-4.76%

Schools & Community

Elementary school: 

Bethel

Middle school: 

Bethel

High school: 

Pisgah

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

$155,182
Asking price
$389,999
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$203,617
Cash to seller
$155,182

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

October 2021

Original loan amount

$218,400

Est. remaining balance

$203,617

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Samuel Eliot Frazer and Catherine Mcguire Frazer

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: 12/22/2024 at 7:45 PM

Listing updated: 12/17/2024 at 8:54 AM

Listed by: Collin O'Berry, Keller Williams Professionals Phone #: (828) 254-7253

MLS: CanopyMLS #4152264

CanopyMLS logo

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