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$895,000

Beds
4
Baths
3.5
sq ft
3,599

97 Shenandoah Terrace, Black Mountain, NC 28711

97 Shenandoah Terrace

Montreat, NC 28757

  • 43 days on market
    • Price drop $30,000↓
Make your work and life harmony balanced here, at home in Montreat. Enjoy your private deck taking in the mountain views and wildlife. Relax to the sounds of the babbling creek and chirping birds. Feel the breeze that rustles the rhododendron forest, smell the fresh outdoors, and let nature envelop you. With main level living you can live with ease. Utilize the finished basement for guests, storage AND your home gym, then still have extra space for your outdoor gear. Are you seeking the ability to work from home with a private office with a separate entrance for clients? Are you looking for a creative space with ample storage, to allow your creativity to flow? This mountain retreat offers all that! The cherry floors throughout the main level bring a soft light into the home. With parking for 4 vehicles this home welcomes everyone who enters. 24KW full house generator with automatic failover and house surge protection offers peace of mind.

Details

Property type

Single Family Residence

Est. home value

$641,749

Lot size

Unknown

Price per sq ft

$249

Year built

1992

Price History

12/09/2024
CanopyMLS

CanopyMLS #4198834

Price change
$895,000
-3.24%
11/08/2024
CanopyMLS

CanopyMLS #4198834

Listed
$925,000
+114.62%
06/05/2020
CanopyMLS

CanopyMLS #3574391

Sold
$431,000

Schools & Community

Elementary school: 

Black Mountain

Middle school: 

Charles D Owen

High school: 

Charles D Owen

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

$497,413
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$325,987
Cash to seller
$497,413

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

Seller’s Loan History

Lender

Beverly-Hanks Mortgage Services Inc

Loan start date

October 2021

Original loan amount

$400,000

Est. remaining balance

$325,987

Interest rate

2.16%

Loan type

New Conventional, 15 year

Seller

Mark Rogers and Joely Rogers

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: 12/22/2024 at 10:50 AM

Listing updated: 12/09/2024 at 1:25 PM

Listed by: Meaghan Austin, Allen Tate/Beverly-Hanks Fletcher Phone #: (828) 484-3130

MLS: CanopyMLS #4198834

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Disclaimers

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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.