tomo logo

$1,299,000

Beds
4
Baths
3.0
sq ft
4,026

122 Mountain Harbor Drive, Lexington, NC 27292

122 Mountain Harbor Drive

Lexington, NC 27292

  • 65 days on market
    • Price drop $51,000↓
AirBnB previous annual high rev. $117K w/ potential to increase/6+ car detached garage & 2 car attached garage/REC Center w/ 1,800+ heated sq ft NOT COUNTED IN TOTAL HTD SQ FT/Why not practice Mini-Pickleball INDOORS on the 20 x 40 Racquetball Court?! Different sizes but still so much fun!/Workout Room/Home Theater!/Pool table/Ping Pong/Outdoor Hot Tub!/Home & Rec Ctr combined Total Sq Ft Under Roof 11,270!/Newly Renovated primary bath/Riding trails/Newly covered private pier/Koi pond w/ waterfalls!/3 screened porches/Sunroom/Office/Extra rooms!/New wraparound decks /Towering stone fireplace/Bocci ball/Cornhole/Rec Ctr w/ open kitchen & full bath/AND 1,700+ sq ft of unfinished room over detached garage w/ HVAC & duct work installed/Shared Driveway. Pre-approved buyers welcome! Current temporary drawdown for dam repair/maintenance scheduled to end March 10th per Cube Hydro.

Details

Property type

Single Family Residence

Est. home value

$1,190,100

Lot size

3.13 acres

Price per sq ft

$323

Year built

1993

Annual property taxes

$6,232

Price History

02/24/2025
TriadMLS

TriadMLS #1168627

Price change
$1,299,000
-3.78%
02/01/2025
TriadMLS

TriadMLS #1168627

Listed
$1,350,000
-3.5%
12/18/2024
TriadMLS

TriadMLS #1145588

Removed
$1,399,000

Schools & Community

Elementary school: 

Southwood

Middle school: 

Central

High school: 

Central

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

$487,181
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$707,899
Cash to seller
$487,181

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

September 2021

Original loan amount

$768,000

Est. remaining balance

$707,899

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Kyle L Freedie and Megan L Freedie

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: 04/07/2025 at 12:40 AM

Listing updated: 03/06/2025 at 5:31 PM

Listed by: John Beck, John Christian Luxury Real Estate Phone #: (704) 453-1208

MLS: TriadMLS #1168627

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