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$399,900

Beds
4
Baths
3.5
sq ft
2,350

625 29th Avenue Northeast, Hickory, NC 28601

625 29th Avenue Northeast

Hickory, NC 28601

  • 1 day on market
This property is currently being used as an Airbnb and is divided into 3 units. The main house offers 2 bedrooms, 1.5 bathrooms, a kitchen, living room, and laundry. Additionally, there are two other units, each featuring 1 bedroom, 1 bathroom, mini splits, and access to the laundry closet on the carport. The entire property has undergone a beautiful remodel in the past year. All appliances are included, and some furniture is open for negotiation. The units generate a monthly income of $2,650 for the large unit, $1,250 for the unit with a deck, and $1,000 for the unit with basement access. The property also has the potential to be converted back into a single-family home, offering a living room, kitchen with dining area, den with fireplace, 4 BR, 3.5 BA, a one-car carport, and partial basement. A large backyard with a covered patio and fenced area for pets complements the property. Excellent location close proximity to shopping, restaurants, & schools. Seller has 3 contract with ADT.

Details

Property type

Single Family Residence

Est. home value

$295,208

Lot size

Unknown

Price per sq ft

$171

Year built

1962

Price History

11/06/2024
CanopyMLS

CanopyMLS #4198325

Listed
$399,900
08/30/2024
CanopyMLS

CanopyMLS #4153309

Removed
$399,900
06/20/2024
CanopyMLS

CanopyMLS #4153309

Listed
$399,900

Schools & Community

Elementary school: 

Clyde Campbell

Middle school: 

Arndt

High school: 

St. Stephens

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

$135,859
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$232,049
Cash to seller
$135,859

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

November 2022

Original loan amount

$237,500

Est. remaining balance

$232,049

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Vanesa Ucelo and Martha C Niquen

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: 11/08/2024 at 10:35 AM

Listing updated: 11/07/2024 at 5:05 AM

Listed by: Starr Franklin, Coldwell Banker Boyd & Hassell Phone #: (828) 322-1005

MLS: CanopyMLS #4198325

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