tomo logo

$699,500

Beds
2
Baths
2.0
sq ft
1,652

8380 Gideon Ridge Ln, Blowing Rock, NC 28605

8380 Gideon Ridge Ln

Blowing Rock, NC 28605

  • 94 days on market
    • Price drop $15,500↓
No storm damage from hurricane Helene! Escape to this little peace of paradise in Blowing Rock. This home is located at the end of a quiet road with only a few beautiful Blowing Rock homes. Location is a huge perk with this home. Right around the corner from Gideon Ridge Inn, the Blowing Rock, Green Park Inn, and Blowing Rock Country club The trees and Mountain Laurel make you feel like you are in nature , but you are only a 2.5 miles from downtown Blowing Rock. The views from this property are breathtaking, and each season bring a different shade of beautiful. As you enter the home you step into a cozy living room with a wood burning fireplace and beautiful hardwood floors. The bedrooms are located on opposite sides of the house for privacy, and each bedroom has a view right outside the window. The main bedroom has a large walk in closet and a bathroom with a whirlpool tub. Upstairs is a loft with two more beds for guests or it could be used as a den, office, etc. The kitchen is open and great for gathering everyone together and entertaining. Sit on the porch and take in mountain air while enjoying an incredible view. There is an attached one car garage to protect your vehicle during rainy or snowy days. The garage also has enough room for a workshop or storage. This home is being sold furnished, and it is move in ready. Some of the updates the owners have made since 2015 include the following: wood floors installed in living room. Refinished wood floors in kitchen and dining room. New appliances in the kitchen, radon mitigation system, new A/C , chimney hood, tile in bathrooms, carpet in bedroom/loft, extra support under deck, new bathroom and kitchen faucets. Home warranty through American home Shield

Details

Property type

Single Family Residence

Est. home value

$555,536

Lot size

0.39 acres

Price per sq ft

$424

Year built

1997

Annual property taxes

$3,792.3

HOA

No

Price History

09/11/2024
HighCountry

HighCountry #251608

Price change
$699,500
-2.17%
09/05/2024
HighCountry

HighCountry #251608

Price change
$715,000
-4.67%
08/21/2024
HighCountry

HighCountry #251608

Listed
$750,000
+172.73%

Schools & Community

Elementary school: 

Outside of Area

Middle school: 

Unknown

High school: 

Out of Area

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

$514,313
Asking price
$699,500
Closing costs (~8% of asking)
-$55,960
Est. remaining loan balance
-$129,227
Cash to seller
$514,313

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 2009

Original loan amount

$190,000

Est. remaining balance

$129,227

Interest rate

5.04%

Loan type

New Conventional, 30 year

Seller

Thomas L Burrus and Anita Friedman

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: 11/23/2024 at 3:45 AM

Listing updated: 10/23/2024 at 4:40 PM

Listed by: James Gough, NextHome Mountain Realty Phone #: (828) 297-2328

MLS: HighCountry #251608

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