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$385,000

Beds
4
Baths
2.0
sq ft
1,744

730 Silver Mill Road, Marshall, NC 28753

730 Silver Mill Road

Marshall, NC 28753

  • 37 days on market
    • Price drop $10,000↓
A charming duplex giving you the best of both worlds: a move-in ready unit to call home, plus a fully rented second unitgenerating income right away. This turn-key opportunity is located in a serene setting off a state-maintained road, only minutes from Downtown Mars Hill and Mars Hill University. Each unit offers 2BR/1BA and has newly updated HVAC, roof, flooring, deck, and appliances. Entire property was untouched during Hurricane Helene and ready for new ownership. Perfect for an investment or housing hack by living in one unit and renting the other.

Details

Property type

Single Family Residence

Est. home value

$359,644

Lot size

Unknown

Price per sq ft

$221

Year built

1986

Price History

12/02/2024
CanopyMLS

CanopyMLS #4200731

Price change
$385,000
-2.53%
11/15/2024
CanopyMLS

CanopyMLS #4200731

Listed
$395,000
+124.43%
04/05/2018
CanopyMLS

CanopyMLS #3325762

Sold
$176,000

Schools & Community

Elementary school: 

Mars Hill

Middle school: 

Madison

High school: 

Madison

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

$231,309
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$122,891
Cash to seller
$231,309

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

March 2021

Original loan amount

$134,200

Est. remaining balance

$122,891

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Michael Norris Tousey and Roberta Horvath Tousey

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 12:00 AM

Listing updated: 12/16/2024 at 1:39 PM

Listed by: Audrey Broadway Worley, Keller Williams - Weaverville Phone #: (828) 658-1900

MLS: CanopyMLS #4200731

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