tomo logo

$399,500

Beds
2
Baths
2.0
sq ft
1,294

731 Pine Ridge Road, Beech Mountain, NC 28604

731 Pine Ridge Road

Beech Mountain, NC 28604

  • 149 days on market
    • Price drop $6,500↓
Welcome home to the wonderful cabin in the woods. This home was built and renovated to maximize your enjoyment of nature with expansive decking and lovely windows flooding the space with natural light. The open-concept floor plan features level entry and one-level living with two bedrooms and two baths within nearly 1,300 square feet. Enjoy a spacious, cozy setting centered around a stunning stone fireplace. The large owner’s suite opens to the large deck and would be a great place for a hot tub. The home is sold furnished with few exceptions. Optional Beech Mountain Club is current and transferable for the new owners to start enjoying the 18-hole golf course, heated pool, tennis and pickleball courts. Just over one mile to the community center that can be enjoyed daily or joined for a nominal fee, featuring a workout room, basketball court, indoor and outdoor tennis and pickleball, and miles of trails. The crawl space is encapsulated with a dehumidifier. Owner has made many improvements over the last year including updated electrical and a new water heater.

Details

Property type

Single Family Residence

Est. home value

$401,925

Lot size

0.29 acres

Price per sq ft

$309

Year built

1973

Annual property taxes

$3,242

HOA

No

Price History

08/14/2024
HighCountry

HighCountry #251148

Price change
$399,500
-1.6%
07/27/2024
HighCountry

HighCountry #251148

Listed
$406,000

Schools & Community

Elementary school: 

Valle Crucis

Middle school: 

Unknown

High school: 

Watauga

Community features: 

Pool, Clubhouse, Fitness Center, Golf, Tennis Court(s)

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

$284,484
Asking price
$399,500
Closing costs (~8% of asking)
-$31,960
Est. remaining loan balance
-$83,056
Cash to seller
$284,484

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

November 2014

Original loan amount

$105,000

Est. remaining balance

$83,056

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Julio Jesus Llanes and Daisy Llanes

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?

Similar Homes Nearby

Price drop
HighCountry
$445,000
2 bd
|
2 ba
|
1,215 sq ft
|
House

5349 Hickory Nut Gap Road, Banner Elk, NC 28604

Price drop
HighCountry
$429,000
2 bd
|
2 ba
|
1,986 sq ft
|
House

300 Bowlick Lane, Elk Park, NC 28622

Price drop
HighCountry
$438,500
2 bd
|
2 ba
|
1,185 sq ft
|
House

34 Cynthia Lane, Banner Elk, NC 28604

Status: Active

Tomo last checked: 12/23/2024 at 2:15 PM

Listing updated: 12/05/2024 at 11:00 AM

Listed by: Tammra Granger, Premier Sotheby's International Realty- Banner Elk Phone #: (828) 898-5022

MLS: HighCountry #251148

HighCountry logo