tomo logo

$699,999

Beds
4
Baths
3.5
sq ft
3,334

271 Old Hickory Drive, Garner, NC 27529

271 Old Hickory Drive

Raleigh, NC 27603

  • 75 days on market
    • Price drop $15,001↓
Welcome to 271 Old Hickory Drive, where charm meets modern luxury in this 4-bedroom, 3.5-bathroom home spanning 3,334 square feet. Nestled on a spacious .61 acre lot where no homes can be built on either side and the lot extends into the trees for ultimate privacy. Step inside to discover the first floor's oversized owner's suite, where you can unwind in style. The engineered hardwoods throughout the first floor exude elegance, complemented by incredible molding, trim, and detail, including 7'' baseboards. Cozy up next to the gas fireplace with built-ins, or whip up culinary delights in the dreamy kitchen with soft-close cabinets, an electric cooktop, wall microwave and oven. This home boasts a newly finished bonus room upstairs, along with 3 additional bedrooms. All bathrooms feature tile surrounds to the ceiling in showers/tubs, adding a touch of sophistication. Enjoy the convenience of a first-floor laundry room, mud room, 2-car garage, and a very generous pantry. Outside, the screened porch with storage underneath and grilling patio provide the perfect spot for al fresco entertaining. Gutter guards are installed for low-maintenance living, and the cul-de-sac lot offers privacy, an excellent play space and gathering space within the community. With a reclaimed barnwood accent wall in the powder bath and bonus room, this home seamlessly blends modern comforts with rustic charm. Don't miss the opportunity to make this exceptional property your own and generate instant equity with the new phase starting over $800k! *Pool photo is virtual to show potential possibilities. It has not been verified for exact location.

Details

Property type

Single Family Residence

Est. home value

$606,006

Lot size

0.61 acres

Price per sq ft

$210

Year built

2020

Annual property taxes

$3,072.25

Monthly HOA fee

$30

Price History

06/24/2024
TriangleMLS

TriangleMLS #10024728

Price change
$699,999
-2.1%
06/10/2024
TriangleMLS

TriangleMLS #10024728

Price change
$715,000
-1.38%
04/23/2024
TriangleMLS

TriangleMLS #10024728

Listed
$725,000
+66.67%

Schools & Community

Elementary school: 

Johnston - West View

Middle school: 

Johnston - Cleveland

High school: 

Johnston - W Johnston

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

$324,928
Asking price
$699,999
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$319,071
Cash to seller
$324,928

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

September 2020

Original loan amount

$348,000

Est. remaining balance

$319,071

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Matthew W Steven and Kayla M Steven

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: 07/07/2024 at 4:00 PM

Listing updated: 06/30/2024 at 5:54 AM

Listed by: Jenne Kendziora, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10024728

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