tomo logo

$800,000

Beds
4
Baths
3.0
sq ft
2,452

552 Lake Road, Old Fort, NC 28762

552 Lake Road

Old Fort, NC 28762

  • 25 days on market
Fully furnished lakefront mountain retreat in the sought-after Gateway Mountain community! Nestled on 1.9 acres, this gated community spans over 3,000 acres and allows short-term rentals, making it an excellent opportunity for a vacation home or income-producing rental. Overlooking serene Lake George, the property features a private dock, tool shed, and a stunning firepit area with a gravel path and steps to the water. Extensive 2022 upgrades include quartz countertops, stainless steel appliances, updated bathroom fixtures, and stylish light fixtures and ceiling fans throughout. The fully stocked kitchen and furnished interiors make this home truly turnkey. Enjoy the peaceful mountain setting while being minutes from adventure. Don’t miss this rare opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$746,743

Lot size

Unknown

Price per sq ft

$327

Year built

2007

Monthly HOA fee

$117.25

Price History

12/03/2024
CanopyMLS

CanopyMLS #4203341

Listed
$800,000
+10.34%
08/10/2022
CanopyMLS

CanopyMLS #3879030

Sold
$725,000

Schools & Community

Elementary school: 

Old Fort

Middle school: 

West McDowell

High school: 

McDowell

Community features: 

Gated

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

$174,003
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$561,997
Cash to seller
$174,003

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

August 2022

Original loan amount

$580,000

Est. remaining balance

$561,997

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Stacey Yvonne Sauls and Gregory Sauls

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: 12/22/2024 at 1:00 PM

Listing updated: 12/03/2024 at 5:05 PM

Listed by: Stacey Sauls, Keller Williams Connected Phone #: (803) 835-2300

MLS: CanopyMLS #4203341

CanopyMLS logo

Recently listed in Old Fort