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$1,450,000

Beds
3
Baths
2.0
sq ft
1,460

682 Rock House Road, Hot Springs, NC 28743

682 Rock House Road

Hot Springs, NC 28743

  • 671 days on market
    • Price drop $200,000↓
Located in the quaint little community of Trust, just outside of Hot Springs, NC, lies this beautiful 200+/- acres with a modern log home! The property has a wooden walkway leading down to a huge deck overlooking the beautiful Charlotte Branch, that originates on the property! With the cabin being located deep into the property, the nearly half mile long driveway gives you privacy like none other. Winding through this property are many ATV trails that will take you to almost every corner from the bottom to the top, with elevations ranging from 3,000' to over 4,000'! The cabin is currently in a rental program, being booked constantly, and is bringing is a healthy revenue stream. Imagine sipping a warm cup of coffee on the porch of this log cabin in every season of the year, from beautiful spring mornings, to cool Summer nights around the fire, colorful Fall days, or watching the snow fall in the Winter. You'll be surrounded by 200+/- acres of pure Smoky Mountain Bliss!

Details

Property type

Single Family Residence

Est. home value

$1,452,487

Lot size

Unknown

Price per sq ft

$994

Year built

1999

Price History

11/18/2024
CanopyMLS

CanopyMLS #4002651

Price change
$1,450,000
-12.12%
04/04/2024
CanopyMLS

CanopyMLS #4002651

Removed
$1,650,000
02/16/2024
CanopyMLS

CanopyMLS #4002651

Listed
$1,650,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Regions Bank

Loan start date

January 2006

Original loan amount

$680,000

Est. remaining balance

Not provided

Interest rate

6.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John A Burwell and Marcia O Burwell

Lender

Indymac Bank Fsb

Loan start date

December 2004

Original loan amount

$230,523

Est. remaining balance

$0

Interest rate

5.01%

Loan type

New Conventional, 16 year

Seller

John A Burwell and Marcia O Burwell

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: 12/23/2024 at 9:55 AM

Listing updated: 11/18/2024 at 5:05 PM

Listed by: Jeff Norwood, Mossy Oak Properties Carolina Timber & Realty Phone #: (828) 477-4248

MLS: CanopyMLS #4002651

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