tomo logo

$375,000

Beds
3
Baths
2.0
sq ft
1,508

68 Hill Street, Hot Springs, NC 28743

68 Hill Street

Hot Springs, NC 28743

  • 18 days on market
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

$249

Year built

1997

Price History

12/06/2024
CanopyMLS

CanopyMLS #4203733

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

CanopyMLS #4133486

Removed
$390,500
08/14/2024
CanopyMLS

CanopyMLS #4133486

Price change
$390,500
-2.25%

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

$252,468
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$92,532
Cash to seller
$252,468

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

$92,532

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?

Similar Homes Nearby

Price drop
CanopyMLS
$404,900
3 bd
|
2 ba
|
1,464 sq ft
|
House

16 Tipton Hill Road, Leicester, NC 28748

Price drop
CanopyMLS
$375,000
3 bd
|
2 ba
|
1,648 sq ft
|
House

895 Laurel Valley Road, Mars Hill, NC 28754

Price drop
CanopyMLS
$379,000
3 bd
|
2 ba
|
1,413 sq ft
|
House

35 Madie Hill Drive, Leicester, NC 28748

Status: Active

Tomo last checked: 12/23/2024 at 3:30 AM

Listing updated: 12/06/2024 at 2:15 AM

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

MLS: CanopyMLS #4203733

CanopyMLS logo

Recently listed in Hot Springs