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$866,038Estimated home value

Beds
3
Baths
4.0
sq ft
3,772

69 Merrell Road, Leicester, NC 28748

69 Merrell Road

Leicester, NC 28748

  • Sold On 9/1/2022
    • Price drop $55,000↓
Woodland setting with privacy, tranquility and views + high speed internet and easy 25 minute drive to downtown Asheville. Spacious design offers two primary suites on the main level, each with a private deck to enjoy the natural setting of the 2.87 acre lot. Open floorplan with a formal dining area, breakfast nook and open kitchen with an artist's touch. 9 foot ceilings on the lower level with a guest suite and large game room. This ample home lives comfortably and is ideal for entertaining guests. Tons of storage. Whole house generator, plumbed for radiant floor heat. Fully inspected and ready to go. Oversized 2 car garage, Garden beds, wonderful front deck to enjoy the mountain views!

Details

Property type

Single Family Residence

Est. home value

$866,038

Lot size

2.87 acres

Price per sq ft

$223

Year built

2007

Monthly HOA fee

$25

Price History

12/19/2024
CanopyMLS

CanopyMLS #4181794

Removed
$985,000
10/03/2024
CanopyMLS

CanopyMLS #4181794

Listed
$985,000
09/24/2024
CanopyMLS

CanopyMLS #4181794

Pending
$985,000

Schools & Community

Elementary school: 

Leicester/Eblen

Middle school: 

Clyde A Erwin

High school: 

Clyde A Erwin

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

$174,630
Asking price
$840,000
Closing costs (~8% of asking)
-$67,200
Est. remaining loan balance
-$598,170
Cash to seller
$174,630

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

Seller’s Loan History

Lender

Clearedge Lending Llc

Loan start date

April 2022

Original loan amount

$630,000

Est. remaining balance

$598,170

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Cody Patrick and Julieta Velez

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: Off Market

Tomo last checked: 12/23/2024 at 6:30 PM

Listing updated: 02/08/2023 at 2:55 PM

Listed by: Glenn Haden, Allen Tate/Beverly-Hanks Asheville-Downtown Phone #: (828) 254-7221

MLS: CanopyMLS #3829028

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