tomo logo

$675,000

Beds
3
Baths
3.0
sq ft
4,331

770 Shelton Cove Road, Waynesville, NC 28785

770 Shelton Cove Road

Waynesville, NC 28785

  • 116 days on market
Nestled in the Smokies a dreamy Log Cabin Awaits, Great for Short-Term Rentals! This stunning 3-bed 3-bath log cabin in WNC, offers a unique opportunity to experience true mountain living, and presents excellent potential as a short-term rental. Solid timber construction and a captivating tree trunk centerpiece create a warm and inviting chalet vibe, perfect for those seeking a cozy escape. Enjoy the convenience of main level living in this charming cabin. Many additional rooms for you to use! The expansive layout allows for easy movement throughout the home. Unwind and reconnect with nature on the expansive deck, taking in breathtaking mountain views that stretch as far as the eye can see. Descend to the finished walkout basement for additional living space, perfect for a family room, game room, or even a private guest retreat. Surround yourself with the sights and sounds of the Smoky Mountains, your own private haven nestled amidst the natural beauty. Priced under appraised value!

Details

Property type

Single Family Residence

Est. home value

$632,998

Lot size

Unknown

Price per sq ft

$156

Year built

1987

Price History

05/25/2024
CanopyMLS

CanopyMLS #4144468

Price change
$675,000
+3.85%
05/25/2024
CanopyMLS

CanopyMLS #4144468

Listed
$650,000
+116.67%
02/24/2022
CanopyMLS

CanopyMLS #3762714

Sold
$300,000

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

$478,732
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$142,268
Cash to seller
$478,732

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

Seller’s Loan History

Lender

Direct Mortgage Loans Llc

Loan start date

February 2022

Original loan amount

$150,000

Est. remaining balance

$142,268

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Michael Buchel

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: 09/18/2024 at 9:10 PM

Listing updated: 06/05/2024 at 11:03 AM

Listed by: Ashley Lombardo, Keller Williams Great Smokies Phone #: (828) 926-5155

MLS: CanopyMLS #4144468

CanopyMLS logo

Recently listed in Waynesville