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$975,000

Beds
4
Baths
3.0
sq ft
2,586

7 Gray Duster Circle, Biltmore Lake, NC 28715

7 Gray Duster Circle

Biltmore Lake, NC 28715

  • 97 days on market
    • Price drop $20,000↓
Welcome to 7 Gray Duster Circle. This quality-built and beautifully maintained home sits on an 0.89-acre wooded corner lot in the desirable Biltmore Lake neighborhood. Main-level features include a spacious primary suite, vaulted ceilings, a natural gas fireplace, private office, two additional main-level bedrooms and full bathroom. A well-appointed kitchen features ample cabinet storage, granite countertops, stainless steel appliances (new refrigerator and dishwasher), and a walk-in pantry with desk area. A wonderful screened-in back porch is a spot to entertain and overlook the nature that surrounds the beautifully landscaped property. The bonus room/guest suite is great for hosting friends and family. Full two-car garage with enough room for parking and storage. This home is close to the lake, walking trails, community clubhouse, tennis/pickleball courts, and all that the Biltmore Lake community has to offer. Come take a look!

Details

Property type

Single Family Residence

Est. home value

$854,936

Lot size

Unknown

Price per sq ft

$378

Year built

2013

Monthly HOA fee

$200

Price History

10/29/2024
CanopyMLS

CanopyMLS #4165178

Price change
$975,000
-2.01%
10/08/2024
CanopyMLS

CanopyMLS #4165178

Listed
$995,000
08/23/2024
CanopyMLS

CanopyMLS #4165178

Pending
$995,000

Schools & Community

Elementary school: 

Hominy Valley/Enka

Middle school: 

Enka

High school: 

Enka

Community features: 

Clubhouse, Playground, Sidewalks, Street Lights

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

$407,176
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$489,824
Cash to seller
$407,176

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

January 2021

Original loan amount

$535,500

Est. remaining balance

$489,824

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Holly Sanders Watkins and Jonathan Watkins

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: 11/05/2024 at 11:45 AM

Listing updated: 10/31/2024 at 8:44 PM

Listed by: Chris Findley, Mosaic Community Lifestyle Realty Phone #: (828) 707-9556

MLS: CanopyMLS #4165178

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