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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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305 Melanie Ln , Black Mountain, NC 28711
$245,000
Est. Payment: $544.44/mo
3 Bed
2 Bath
1683 Sqft
Status: Under Contract-Show | Days on site: 40
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NCM12570 - plorenz,bijo05410
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House Description

Black Mountain restoration opportunity on approximately 1.28 acres. Rustic cabin-style home with mountain character, privacy, and upside for the right buyer. Seller has completed some initial repairs, but additional work is needed due to storm-related damage. Sold as-is. Ideal for experienced renovators looking for a project with long-term potential in a desirable location. This property is best for investors, contractors, or buyers with renovation experience who see value in a home with strong mountain character and long-term potential. If you know how to evaluate a project, manage a rehab, and unlock upside in a desirable Black Mountain setting, this one is worth a serious look, especially if you like log cabins!

Highlights

Listed by Peter Lorenz , 828-777-1412 and Bill Johnson , 828-777-1412 Keller Williams Professionals , 828-254-7253.

Property Type

Residential

Lot/Acreage
1.24

HOA Fee

450 Annually

Year Built

1972

County

Buncombe

Neighborhood

Charmeldee Acres

Listing ID

4396902

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
Air Cond:Window Unit(s)
Fireplaces:Bonus Room,Den,Family Room
Floor:Carpet
Above Ground Sq Ft:909
Below Ground Sq Ft:774
Basement:Partially Finished
Other:
  • Additional:Has Fireplace
Water:City

Exterior Features

Roof:Composition
Sewer:Septic Installed
Parking Features:Attached Carport
Principal Interest
$544
Taxes
$156
HOA
$450

Home Price

$245,000

Loan Details

30 yrs
%

Down Payment

20%
$49,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$544.44

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $544.44 $156.19 $450.00 $1,150.63
Yearly $6,533.33 $1,874.25 $5,400.00 $13,807.58
Total $196,000.00 $56,227.50 $162,000.00 $414,227.50

Today's Rates

30 Year

0%

20 Year

0%

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0%

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Market insight data is pulled from the same city as the listing being viewed (Black Mountain, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.