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$390,500

Beds
3
Baths
2.0
sq ft
1,543

68 Hill Street, Hot Springs, NC 28743

68 Hill Street

Hot Springs, NC 28743

  • 162 days on market
    • Price drop $9,000↓
Charming 3 BR 2 BA cottage situated in the quaint mountain river town of Hot Springs. Two blocks from the main street in town with walking to shops, restaurants and pubs, brewery, wood fired pizza, gourmet deli, the Appalachian Trail and more. Beautiful setting with mountain views and on a very quiet street. Generous covered porches and decks for dining and relaxation. Three spacious bedrooms and two baths. Large primary bedroom suite opens onto covered porch. Bright and sunny dining area also opens to the covered back porch and deck. One level living, great retirement home, family home, long term or short term rental.

Details

Property type

Single Family Residence

Est. home value

$394,325

Lot size

Unknown

Price per sq ft

$254

Year built

1997

Price History

08/14/2024
CanopyMLS

CanopyMLS #4133486

Price change
$390,500
-2.25%
08/02/2024
CanopyMLS

CanopyMLS #4133486

Price change
$399,500
-4.65%
06/26/2024
CanopyMLS

CanopyMLS #4133486

Price change
$419,000
-1.18%

Schools & Community

Elementary school: 

Hot Springs

Middle school: 

Madison

High school: 

Madison

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

$266,537
Asking price
$390,500
Closing costs (~8% of asking)
-$31,240
Est. remaining loan balance
-$92,723
Cash to seller
$266,537

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

$92,723

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: 11/03/2024 at 7:25 AM

Listing updated: 08/15/2024 at 10:25 AM

Listed by: Cynthia DuBose, Mountain Home Properties Phone #: (828) 622-3222

MLS: CanopyMLS #4133486

CanopyMLS logo

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