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$929,000

Beds
3
Baths
2.0
sq ft
2,040

7180 Meadow Fork Road, Hot Springs, NC 28743

7180 Meadow Fork Road

Hot Springs, NC 28743

  • 89 days on market
This 18-plus acre oasis comes with your home purchase. It offers stunning views, a bold creek, an incredible post/beam barn, and a Hartley Botanic Green House. (Ask for details about the greenhouse because it is one of the best in the world.) There's a large fenced garden area ready for homesteading. The barn, built from locust and poplar logs from the property, has ample space for animals, plenty of storage, and a loft. The home sits on a hill with short-range views to the north and has a buffer of land rising behind it as a backdrop that you own. You can 4-wheel your property boundary on the ATV trail. The house features an updated owner's suite with beautiful, heated Italian herringbone tile, a clawfoot tub, and an oversized shower in Eurropean farmhouse aesthetic.. The lower level basement and one-car garage, deep enough for plenty of equipment, offer more storage and room to grow. The community on Meadowfork Road is a wonderful place to call home.

Details

Property type

Single Family Residence

Est. home value

$508,926

Lot size

Unknown

Price per sq ft

$456

Year built

1993

Price History

09/24/2024
CanopyMLS

CanopyMLS #4184401

Listed
$929,000
+194.92%
09/14/2020
CanopyMLS

CanopyMLS #3580361

Sold
$315,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$726,594
Asking price
$929,000
Closing costs (~8% of asking)
-$74,320
Est. remaining loan balance
-$128,086
Cash to seller
$726,594

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

Seller’s Loan History

Lender

Hometrust Bank

Loan start date

May 2009

Original loan amount

$196,000

Est. remaining balance

$128,086

Interest rate

4.78%

Loan type

New Conventional, 30 year

Seller

Jerry A Folger Jr and Lori A Cook Folger

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 8:00 AM

Listing updated: 09/25/2024 at 5:07 AM

Listed by: Scott Barfield, Scott Barfield Realty And Land Company Phone #: (828) 489-6760

MLS: CanopyMLS #4184401

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