tomo logo

$390,000

Beds
2
Baths
2.0
sq ft
1,584

7238 Knoll Road, Newland, NC 28657

7238 Knoll Road

Newland, NC 28657

  • Pending
    • Price drop $5,000↓
Craving peace and serenity and a taste of High Country adventures? This exceptionally maintained mountain cottage is such a hidden gem located just 5 miles from the Blue Ridge Parkway, 3 miles from Jonas Ridge Snow Tubing, plus only a short drive to Sugar Mountain and the Banner Elk area for skiing, shopping and dining. Need a change of pace? Downtown Morganton awaits with new restaurants and scenery, all within easy reach. This meticulously cared-for home boasts recent upgrades like a freshly paved driveway, ensuring a smooth arrival. Inside, find a comfortable layout with two bedrooms and two baths on the main level, plus a partially finished basement featuring a bonus room - great for hobbies or extra guests. Unwind on the expansive deck with captivating long-range views of the Blue Ridge Mountains. Feeling adventurous? Take a short hike up the road to a secluded spot for even more breathtaking vistas. Nestled within the Gingercake community, you have access to amenities including a pool, tennis and pickle ball courts, a gaga ball bit and horseshoes as well as a clubhouse for events. Not interested in amenities? Opt for only a low $300 annual fee for road maintenance. Outdoor enthusiasts will appreciate the proximity to Linville Gorge which offers world class hiking and mountain biking trails that attract visitors from near and far. Come experience the tranquility and natural splendor of this beautiful mountain retreat and see for yourself why this home is such a great opportunity to live your best mountain life!

Details

Property type

Single Family Residence

Est. home value

$403,783

Lot size

0.92 acres

Price per sq ft

$247

Year built

2006

Annual property taxes

$2,051.6

Monthly HOA fee

$25

Price History

08/18/2024
HighCountry

HighCountry #250465

Pending
$390,000
08/04/2024
HighCountry

HighCountry #250465

Price change
$390,000
-1.27%
06/21/2024
HighCountry

HighCountry #250465

Listed
$395,000
+1.28%

Schools & Community

Elementary school: 

Crossnore

Middle school: 

Unknown

High school: 

Avery County

Community features: 

Pool, Clubhouse, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

February 2017

Original loan amount

$46,000

Est. remaining balance

Not provided

Interest rate

3.3%

Loan type

Credit Line (Revolving)

Seller

Kenneth D Ollis and Edna J Ollis

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 9:45 PM

Listing updated: 08/18/2024 at 1:47 PM

Listed by: Lauren Packard, Keller Williams High Country Phone #: (828) 386-1086

MLS: HighCountry #250465

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