tomo logo

$1,100,000

Beds
4
Baths
4.0
sq ft
4,677

60 Sigmon Drum Road, Hickory, NC 28601

60 Sigmon Drum Road

Hickory, NC 28601

  • <1 day on market
Stunning Lake Hickory estate with over 1.5 acres, a guest house, 2 docks, and a large detached garage/workshop. The main home features over 4,000 sqft in HLA, 3 bedrooms, 3 full bathrooms, and a large sunroom to enjoy the lake views. The spacious kitchen offers an abundance of custom cabinetry, beautiful granite tops, and upgraded stainless appliances. There is a cozy den/dining room off of the kitchen that opens to the wraparound sunroom. Oversized living room with wood stove. The primary suite features a balcony that overlooks the lake, a large ensuite bathroom, and a walk-in closet with custom cabinetry and built in safe. Fully renovated 1 bedroom / 1 bath guest house. Covered floating dock with nearby storage building. Over 200 feet of shoreline on Lake Hickory. Newer roof, HVAC, siding, septic tank, gutters, and some windows.

Details

Property type

Single Family Residence

Est. home value

$283,319

Lot size

Unknown

Price per sq ft

$236

Year built

1972

Price History

12/22/2024
CanopyMLS

CanopyMLS #4208475

Listed
$1,100,000
+120.44%
08/29/2018
CanopyMLS

CanopyMLS #9596408

Sold
$499,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$617,025
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$394,975
Cash to seller
$617,025

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

February 2021

Original loan amount

$433,000

Est. remaining balance

$394,975

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Amanda Clark Floyd and Michael Daniel Floyd

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?

Status: Active

Tomo last checked: 12/22/2024 at 8:40 PM

Listing updated: 12/22/2024 at 12:44 PM

Listed by: Grace Cunningham, RE/MAX Properties Plus, Inc. Phone #: (704) 871-9882

MLS: CanopyMLS #4208475

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