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$480,000

Beds
3
Baths
3.0
sq ft
2,511

597 Penland Street, Clyde, NC 28721

597 Penland Street

Clyde, NC 28721

  • 55 days on market
    • Price drop $9,000↓
MOTIVATED SELLER! This home in Clyde, NC, offers a great setup with ample space for both personal use and potential rental opportunities. With the upper level featuring two bedrooms, each with an ensuite bathroom, it’s ideal for privacy and comfort. The lower level is a fantastic bonus with a garage for storage or vehicle use, plus an apartment that includes a full kitchen, living area, and another bedroom with its own bathroom. This layout is perfect for hosting family long-term or renting out the apartment for extra income. The home also has a back-up generator and solar panels.

Details

Property type

Single Family Residence

Est. home value

$421,110

Lot size

Unknown

Price per sq ft

$192

Year built

1993

Price History

03/24/2025
CanopyMLS

CanopyMLS #4195334

Price change
$480,000
-1.84%
02/28/2025
CanopyMLS

CanopyMLS #4195334

Price change
$489,000
-1.01%
02/10/2025
CanopyMLS

CanopyMLS #4195334

Listed
$494,000
+66.89%

Schools & Community

Elementary school: 

Clyde

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

$173,931
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$267,669
Cash to seller
$173,931

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

Seller’s Loan History

Lender

Loanpal Llc

Loan start date

June 2020

Original loan amount

$298,127

Est. remaining balance

$267,669

Interest rate

3.31%

Loan type

FHA, 30 year

Seller

Rebecca Giannetti and Charity Banks

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: 04/07/2025 at 3:10 AM

Listing updated: 04/05/2025 at 1:11 PM

Listed by: Courtney Plemmons, Keller Williams Great Smokies Phone #: (828) 926-5155

MLS: CanopyMLS #4195334

CanopyMLS logo

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