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Rutherfordton · Rutherfordton, NC

125 Cove Creek Drive

Rutherfordton, NC · 1,895 sqft

$155,000

Reduced from $179,900

  • 3Beds
  • 2Baths
  • 1,895SqFt
  • 1999Year
  • 96Days on market

About this home

Incredible price on this large home now below tax value. Lots of space on a fabulous 1.08 acre lot. Brand new Trane heat pump just installed. Woodburning fireplace, large deck and expansive kitchen. Less than $100 sq ft on this larger manufactured home in Greenhill community. Convenient location between Rutherfordton and Lake Lure in Greenhill community. This tucked away home offers a large deck with handicapped access ramp. Spacious rooms with open flow kitchen, den, living areas. This property has a nice lot with cleared space in front for gardening, play equipment. Lot offers private, wooded boundaries in back and street side. This home is priced with condition considered The home will need a new roof very soon and we have a quote of $8000. Small soft spots near sink in kitchen and ensuite bathroom. The home needs new flooring. I have a bid of $6400 to remove all flooring, replace some subfloor and install new flooring product. I have priced good quality LVP flooring at Lowes and Home Depot for less than $2 sq ft For around 20k this home would have a new roof and new flooring throughout. The value once improved is over $250,000 easily. This is a manufactured home with piers and tie downs, but skirting and no solid foundation making it more difficult to finance. I have spoken with several lenders who will finance on a conventional loan with piers and tie downs.

Property details

Beds
3
Baths
2
SqFt
1,895
Lot
Year built
1999
Type
Single Family
Days on market
96
Style
Traditional
Heating
Heat Pump
Cooling
Heat Pump
Foundation
Pillar/Post/Pier
Flooring
Carpet

Features

  • Garden Tub
  • Kitchen Island
  • Open Floorplan

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,121/ month

Principal & interest
$959
Property tax (~0.90%)
$116
Homeowners insurance
$45
HOA dues

Down payment

$7,750 down · $147,250 financed

Income to qualify (28% rule)

~$48,060 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

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