tomo logo

$985,000

Beds
3
Baths
4.0
sq ft
3,788

69 Merrell Road, Leicester, NC 28748

69 Merrell Road

Leicester, NC 28748

  • 4 days on market
Escape city life at this Arts and Crafts style mountain retreat, nestled in lush forests with panoramic Mountain views on nearly 3 acres. This custom home combines modern luxury with natural elegance, featuring a thoughtfully updated interior. The main level includes two primary en suite bedrooms with French doors opening to private patios, ideal for morning coffee or evening relaxation. The open-concept living area boasts vaulted ceilings, a charming fireplace, and a gourmet kitchen designed for both style and functionality. Enjoy the covered front and back patios with breathtaking views. The lower level offers a versatile media/game room/ multi generational living options, a fireplace, an additional bedroom, and full bathroom, perfect for guests or personal use. Experience the tranquility and beauty of mountain living in this beautifully crafted home, designed for peace and entertaining.

Details

Property type

Single Family Residence

Est. home value

$866,038

Lot size

Unknown

Price per sq ft

$261

Year built

2007

Monthly HOA fee

$24.17

Price History

09/13/2024
CanopyMLS

CanopyMLS #4181794

Listed
$985,000
+17.26%
05/06/2022
CanopyMLS

CanopyMLS #3829028

Sold
$840,000
+1.2%
11/30/2021
CanopyMLS

CanopyMLS #3780280

Sold
$830,000
+121.39%

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

$303,875
Asking price
$985,000
Closing costs (~8% of asking)
-$78,800
Est. remaining loan balance
-$602,325
Cash to seller
$303,875

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

$602,325

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?

Status: Active

Tomo last checked: 09/18/2024 at 1:50 AM

Listing updated: 09/14/2024 at 11:13 AM

Listed by: Theresa Turchin, Premier Sotheby’s International Realty Phone #: (828) 277-3238

MLS: CanopyMLS #4181794

CanopyMLS logo

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