tomo logo

$599,900

Beds
3
Baths
2.0
sq ft
1,501

109 Forest Hill Road, Lexington, NC 27295

109 Forest Hill Road

Lexington, NC 27295

  • 16 days on market
Brick Ranch Property** with RA3 zoning. According to the county, it may be eligible for commercial zoning. The seller mentions that the city plans to install fencing along the right side across the back of the property. Currently, this property is not within city limits, offering great potential for rezoning for commercial use- ideal for a store, gas station, restaurant, and more. Situated on a spacious 1.52-acre lot.

Details

Property type

Single Family Residence

Est. home value

$254,924

Lot size

Unknown

Price per sq ft

$400

Year built

1961

Price History

11/06/2024
CanopyMLS

CanopyMLS #4197539

Listed
$599,900
-7.69%
08/22/2024
TriadMLS

TriadMLS #1133966

Removed
$649,900
06/25/2024
TriadMLS

TriadMLS #1133966

Price change
$649,900
-13.34%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$161,573

Est. remaining balance

$149,562

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Kenneth Paul Lile and Helen Mary Westerlund

Lender

Central Trust Bank

Loan start date

December 2019

Original loan amount

$146,202

Est. remaining balance

$131,829

Interest rate

3.69%

Loan type

FHA, 30 year

Seller

Kenneth Paul Lile and Helen Mary Westerlund

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: 11/23/2024 at 9:15 AM

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

Listed by: LW Odell, Terri Bias & Associates Inc Phone #: (336) 399-7726

MLS: CanopyMLS #4197539

CanopyMLS logo

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