Waynesville · Waynesville, NC
625 Vance Street
Waynesville, NC · 4,024 sqft
$917,000
- 4Beds
- 3Baths
- 4,024SqFt
- 1960Year
- 1Days on market
About this home
Brick rancher home on a developable lot. Older home that will need upgrading with a great location conventiant to twon, rec park and much more.
Corner lot on Howell Mill road and Vance street that is currently zoned for multi-family and residential. The zoning allows for the placement of 32 multi-family units and with a special use permit it will go up to 48 units. Great spot for a new condominium development, as it is next to the Waynesville Rec Center which relieves the developer from form some of the green space and rec requirements. There is city water to the property and sewer is available. Close to downtown and minutes from the shopping district of Russ Ave. Wonderful opportunity to be the first new condominium development in Waynesville in many years. The property is currently in the Waynesville ETJ however it boarders Town property and the city limits and would qualify for voluntary annexation.
Property details
- Beds
- 4
- Baths
- 3
- SqFt
- 4,024
- Lot
- —
- Year built
- 1960
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Heating
- Hot Water
- Cooling
- None
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$6,634/ month
- Principal & interest
- $5,679
- Property tax (~0.90%)
- $687
- Homeowners insurance
- $267
- HOA dues
- —
Down payment
$45,850 down · $871,150 financed
Income to qualify (28% rule)
~$284,334 / 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.