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$454,347Estimated home value

Beds
3
Baths
2.0
sq ft
2,460

122 Fritts Farm Court, Lexington, NC 27295

122 Fritts Farm Court

Lexington, NC 27295

  • Sold On 8/30/2024
A super nice foreclosure in a rural setting subdivision near Reeds Community. Three bedrooms and two full baths (third bath plumbed in Basement), over one acre lot, bonus room (office/playroom) upstairs, larger bedrooms, 9 ft. ceilings, split floor plan, unfinished basement with one car garage, nice full-size kitchen with solid surface counters. Country feel, on corner, in nice four house cul-de-sac. Offers must be submitted by the buyer's agent (as user) to www.vrmproperties.com and hit "start offer". This property may qualify for seller financing (vendee). If property was built prior to 1978 lead base paint potentially exists. This property is priced right to sell!

Details

Property type

Single Family Residence

Est. home value

$454,347

Lot size

1.08 acres

Price per sq ft

$172

Year built

2017

Annual property taxes

$1,832

Price History

08/30/2024
TriadMLS

TriadMLS #1145239

Sold
$405,000
-4.14%
07/17/2024
TriadMLS

TriadMLS #1145239

Pending
$422,500
07/17/2024
TriadMLS

TriadMLS #1145239

Listed
$422,500

Schools & Community

Elementary school: 

Reeds

Middle school: 

Tyro

High school: 

West Davidson

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

-$15,437
Asking price
$422,500
Closing costs (~8% of asking)
-$33,800
Est. remaining loan balance
-$404,137
Cash to seller
-$15,437

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

March 2022

Original loan amount

$424,900

Est. remaining balance

$404,137

Interest rate

3.55%

Loan type

VA, 30 year

Seller

David Pilcher

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 9:35 PM

Listing updated: 08/31/2024 at 1:37 AM

Listed by: Furman G. Burt, Realty Executives W/S Phone #: (336) 768-5878

MLS: TriadMLS #1145239

TriadMLS logo

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