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$254,924Estimated home value

Beds
3
Baths
2.0
sq ft
1,500

109 Forest Hill Road, Lexington, NC 27295

109 Forest Hill Road

Lexington, NC 27295

  • Off market
    • Price drop $100,000↓
BRICK RANCH. Zoned RA3. Per county property could be zoned commercial. Per seller city will be adding fencing down the right side and across the back of the property. This property is currently not in the city limits. THIS PROPERTY HAS SO MUCH POTENTIAL TO BE REZONED TO PUT A STORE, GAS STATION, RESTAURANT ETC. Large 1.52 acre lot.

Details

Property type

Single Family Residence

Est. home value

$254,924

Lot size

1.52 acres

Price per sq ft

$434

Year built

1961

Annual property taxes

$1,196.52

Price History

08/22/2024
TriadMLS

TriadMLS #1133966

Removed
$649,900
06/25/2024
TriadMLS

TriadMLS #1133966

Price change
$649,900
-13.34%
02/22/2024
TriadMLS

TriadMLS #1133966

Listed
$749,900
+403.63%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$150,177

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

$132,095

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 9:25 PM

Listing updated: 06/25/2024 at 1:45 PM

Listed by: Deborah Perry, Great State Real Estate Phone #: (336) 442-0785

MLS: TriadMLS #1133966

TriadMLS logo

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