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$349,000

Beds
3
Baths
2.0
sq ft
1,508

68 Hill Street, Hot Springs, NC 28743

68 Hill Street

Hot Springs, NC 28743

  • 49 days on market
    • Price drop $26,000↓
This charming 3-bedroom, 2-bathroom cottage in the picturesque mountain river town of Hot Springs. The home is set in a peaceful, serene location with stunning mountain views, offering the perfect blend of tranquility and convenience. Relax or dine on the generous covered porches and decks. Inside, the spacious primary bedroom suite opens to a covered porch, while the bright and sunny dining area extends to the back porch and deck. With its one-level layout, this home is ideal and great for a long-term or short-term rental opportunity. Located just two blocks from the heart of town, you'll enjoy easy access to shops, restaurants, pubs, a brewery, wood-fired pizza, a gourmet deli, and the renowned Appalachian Trail.

Details

Property type

Single Family Residence

Est. home value

$394,325

Lot size

Unknown

Price per sq ft

$232

Year built

1997

Price History

01/08/2025
CanopyMLS

CanopyMLS #4203733

Price change
$349,000
-6.93%
12/06/2024
CanopyMLS

CanopyMLS #4203733

Listed
$375,000
-3.97%
11/16/2024
CanopyMLS

CanopyMLS #4133486

Removed
$390,500

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

$228,740
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$92,340
Cash to seller
$228,740

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

June 2021

Original loan amount

$100,000

Est. remaining balance

$92,340

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Sally Thresher

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: 01/22/2025 at 10:35 PM

Listing updated: 01/22/2025 at 12:23 AM

Listed by: Tyler Mellor, EXP Realty LLC Phone #: (888) 584-9431

MLS: CanopyMLS #4203733

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