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$529,000

Beds
4
Baths
3.5
sq ft
4,029

117 Magnolia Road, Lexington, NC 27292

117 Magnolia Road

Lexington, NC 27292

  • 140 days on market
    • Price drop $20,000↓
From the moment you begin your stroll down Magnolia Road, you'll know you're home! Just wait until you see this custom built, sprawling ranch tucked away on a generous lot along Lexington Golf Club. Large, open rooms and multiple outdoor living spaces set the stage for ultimate family living and entertainment! This 4 bedroom, 3 1/2 bath executive home features formal living and dining rooms and a welcoming den overlooking the back patio. Large, finished basement with its own bedroom and full bath could be the ideal in-law or teen quarters. Eagerly waiting for your personal touch, this one could be absolutely gorgeous! Just a quick walk to golf, tennis and swimming. Only a couple of miles to popular Uptown Lexington for shopping, brewery, cidery, restaurants. Close to I-85. Roof was replaced in 2019 and Furnace/Heat Pump in 2020!

Details

Property type

Single Family Residence

Est. home value

$490,155

Lot size

1.96 acres

Price per sq ft

$132

Year built

1962

Annual property taxes

$4,858.14

Price History

08/15/2024
TriadMLS

TriadMLS #1145955

Price change
$529,000
-3.64%
06/27/2024
TriadMLS

TriadMLS #1145955

Listed
$549,000
+83%
08/11/2016
TriadMLS

TriadMLS #780899

Sold
$300,000

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

Pnc Bank Na

Loan start date

May 2022

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Credit Line (Revolving), 40 year

Seller

Steven J Harris and Cherie Elene Harris

Lender

Pnc Mortgage Llc

Loan start date

July 2016

Original loan amount

$285,000

Est. remaining balance

$234,552

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Steven J Harris and Cherie Elene Harris

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 3:30 PM

Listing updated: 08/15/2024 at 5:53 PM

Listed by: Elizabeth Lancaster, Center Towne Realtors Phone #: (336) 249-2988

MLS: TriadMLS #1145955

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