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$385,000

Beds
1
Baths
1.5
sq ft
900

850 Laurel Valley Road, Mars Hill, NC 28754

850 Laurel Valley Road

Mars Hill, NC 28754

  • 28 days on market
    • Price drop $10,000↓
When you need to get away to the cabin....Fiber optics from French Broad Electric kept electric/internet running during Helene. Perched at 3200', this sweetheart exudes quintessential mountain pleasure. The wrap-around deck is perfect to grill out, bask in the canopy of hardwoods on the 1.48 acre wooded lot, and listen to bold Big Laurel Creek across the low travelled road. The professionally built fire pit is meant for laughter with fall friends. Expanded parking created w/new stone wall. The kitchen is a doll. Custom cabinetry. New checkered tile floor. Authentic metal farm sink. Screen-door pantry. Enjoy warm tootsies with heated floors in the remodeled baths. Crawlspace has a french drain. Radon mitigation in place. HVAC 2020. "Family room" can be a cozy sleeping space. 12 minutes to the new boutique ski resort Hatley Pointe. 14 minutes to Wolf Laurel Country Club with dining, golf, hiking trails. 30 to the village of Burnsville and 35 to hipster Asheville. No rental restrictions.

Details

Property type

Single Family Residence

Est. home value

$325,018

Lot size

Unknown

Price per sq ft

$428

Year built

1987

Price History

11/08/2024
CanopyMLS

CanopyMLS #4186066

Price change
$385,000
-2.53%
10/25/2024
CanopyMLS

CanopyMLS #4186066

Listed
$395,000
+43.64%
10/26/2021
CanopyMLS

CanopyMLS #3782732

Sold
$275,000
+69.23%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

None

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

$135,826
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$218,374
Cash to seller
$135,826

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

October 2021

Original loan amount

$233,750

Est. remaining balance

$218,374

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Cindy Norlin Thompson and Leslie Norlin Thompson

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: 11/22/2024 at 3:20 PM

Listing updated: 11/08/2024 at 11:54 AM

Listed by: Pierrette Rouleau, Walnut Cove Realty/Allen Tate/Beverly-Hanks Phone #: (828) 684-5151

MLS: CanopyMLS #4186066

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Recently listed in Mars Hill