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$1,549,000

Beds
4
Baths
5.0
sq ft
4,763

18600 Hammock Lane, Davidson, NC 28036

18600 Hammock Lane

Davidson, NC 28036

  • 61 days on market
    • Price drop $50,000↓
    • Open house Sep 20
Serene. Quiet and Gorgeous. This is “home.” Tucked away inside Davidson’s Country Club community of River Run. 4 Beds, 4 full & 2 half baths, private gym, office, recording space/wine cellar & finished walk out basement. Our home is near the end of the cul de sac, with forest and hiking trails in front, trees all around, large fenced in backyard, stocked pond with new dock. This home is laid out extremely well phenomenal upgrades: brand new doors, paint, 2 new furnaces, new carpet, newer roof, refinished floors, Ultra gourmet kitchen w/gas, filtered water direct to the coffee maker and sink, climate-controlled storage space, the best shower you will ever experience and recently added covered deck & stairs. Absolutely move in ready and perfect. River Run has it all. Beautiful golf course and club with restaurant. The tennis/pickleball facility is indoor/outdoor with new courts. Adjacent is the pool, lazy river, water slides and grill. Minutes from Davidson College and Main St.

Details

Property type

Single Family Residence

Est. home value

$1,317,111

Lot size

Unknown

Price per sq ft

$326

Year built

1999

Monthly HOA fee

$66.25

Price History

08/28/2024
CanopyMLS

CanopyMLS #4162416

Price change
$1,549,000
-3.13%
07/18/2024
CanopyMLS

CanopyMLS #4162416

Listed
$1,599,000
+33.25%
02/28/2023
CanopyMLS

CanopyMLS #3910776

Sold
$1,200,000
+54.84%

Schools & Community

Elementary school: 

Davidson K-8

Middle school: 

Davidson K-8

High school: 

William Amos Hough

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

$364,179
Asking price
$1,549,000
Closing costs (~8% of asking)
-$123,920
Est. remaining loan balance
-$1,060,901
Cash to seller
$364,179

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

February 2023

Original loan amount

$1,079,900

Est. remaining balance

$1,060,901

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Shannon Speacht Mcsorley

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: 09/17/2024 at 9:25 PM

Listing updated: 09/16/2024 at 6:54 PM

Listed by: Gary Cohl, EXP Realty LLC Ballantyne Phone #: (888) 440-2798

MLS: CanopyMLS #4162416

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