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$499,000

Beds
2
Baths
2.0
sq ft
1,641

693 Blackberry Ridge Road, Burnsville, NC 28714

693 Blackberry Ridge Road

Burnsville, NC 28714

  • 112 days on market
    • Price drop $11,000↓
Nestled on the serene westside of town, just 30 minutes from the vibrant city of Asheville and a mere 10 minutes from the picturesque town of Burnsville, this enchanting mountain cabin offers the perfect blend of tranquility and convenience. Featuring breathtaking mountain views, this cozy 2-bedroom, 2-bathroom retreat has been a popular Airbnb destination, providing a welcoming escape for guests seeking peace and natural beauty. The cabin boasts an inviting open floor plan with abundant natural light, highlighting the stunning surroundings. The lower level, a daylight basement, presents an incredible opportunity to expand your living space. With an additional 900 sq ft waiting to be transformed, this space can easily be completed by adding flooring and a mini-split system. The plumbing is already in place for a bathroom, making it a straightforward and rewarding project. Situated at the end of a private road, this property offers unmatched privacy and seclusion.

Details

Property type

Single Family Residence

Est. home value

$448,050

Lot size

Unknown

Price per sq ft

$305

Year built

2006

Price History

08/27/2024
CanopyMLS

CanopyMLS #4145282

Price change
$499,000
-2.16%
05/29/2024
CanopyMLS

CanopyMLS #4145282

Listed
$510,000
+37.84%
10/01/2021
CanopyMLS

CanopyMLS #3751151

Sold
$370,000
+77.03%

Schools & Community

Elementary school: 

Burnsville

Middle school: 

East Yancey

High school: 

Mountain Heritage

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

$182,016
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$277,064
Cash to seller
$182,016

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

September 2021

Original loan amount

$296,000

Est. remaining balance

$277,064

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

James Thomas Mccarthy and Tatiana Mccarthy

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: 09/19/2024 at 6:00 AM

Listing updated: 08/27/2024 at 11:25 AM

Listed by: Melissa Miller, Absolute Bespoke Properties LLC Phone #: (828) 208-7742

MLS: CanopyMLS #4145282

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