tomo logo

$299,900

Beds
3
Baths
2.0
sq ft
1,362

160 Katie Lane, Lexington, NC 27292

160 Katie Lane

Lexington, NC 27292

  • 9 days on market
Meticulously built 3/2 on 1.98 acres in Davidson county. Check out this potential mini-farm nestled outside of the city limits, but very convenient to 64 and 85. Single level living featuring a split floor plan and spacious open concept. Fresh paint, rounded wall corners, soft close cabinets, and stunning granite countertops set this one apart. The primary bedroom boasts an en-suite bathroom and spacious walk-in closet. A rocking-chair-ready front porch overlooks the front field and features a ramp. The partially fenced property includes a deck, patio, small duck pond, and storage building, as well as peach and plum trees.

Details

Property type

Single Family Residence

Est. home value

$260,628

Lot size

1.98 acres

Price per sq ft

$221

Year built

2021

Annual property taxes

$535.53

Price History

02/14/2025
TriadMLS

TriadMLS #1170466

Listed
$299,900
+57.93%
03/31/2021
TriadMLS

TriadMLS #1018309

Sold
$189,900

Schools & Community

Elementary school: 

Davis-Townsend

Middle school: 

Central Davidson

High school: 

Central 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

$137,513
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$138,395
Cash to seller
$137,513

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

Seller’s Loan History

Lender

Residential Mortgage Services

Loan start date

March 2021

Original loan amount

$151,920

Est. remaining balance

$138,395

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Melissa Oreilly and Patricia Flewelling

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: 02/23/2025 at 1:40 PM

Listing updated: 02/14/2025 at 12:11 AM

Listed by: Ashley Ponce, Willow Nest Realty Phone #: (704) 380-7800

MLS: TriadMLS #1170466

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