tomo logo

$640,000

Beds
5
Baths
3.5
sq ft
4,694

1620 Fairway Drive, Reidsville, NC 27320

1620 Fairway Drive

Reidsville, NC 27320

  • 78 days on market
    • Price drop $10,000↓
Looking for an IMMACULATE two-story, brick home near Pennrose Country Club with maximum privacy? Your search is over! This home sits on a gorgeous 5.29 acre lot and is just minutes from major lakes in Reidsville. The home is filled with tons of historic character! This beauty has refinished hardwood floors throughout! Fun fact: The hardwood floors are made from trees from the land! Still preserving its charm, the home has many updates: New kitchen with quartz countertops and new cabinets, new roof (2024), fresh paint throughout, refinished hardwood floors, and new granite counter tops in two bathrooms to name a few! Enjoy time with your family in one of the many living areas in the home. Have a movie night in the theatre room or sit out by the fire in the backyard. The master suite is on the main level with a huge walk in closet and en-suite bath. On the second floor you’ll find 3 bedrooms and a bath. Come see all this historic home has to offer! Schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$556,156

Lot size

5.29 acres

Price per sq ft

$137

Year built

1952

Annual property taxes

$7,615.73

Price History

12/06/2024
TriadMLS

TriadMLS #1158135

Price change
$640,000
-1.54%
10/29/2024
TriadMLS

TriadMLS #1158135

Price change
$650,000
-3.7%
10/06/2024
TriadMLS

TriadMLS #1158135

Listed
$675,000
+65.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$249,604
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$339,196
Cash to seller
$249,604

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

Seller’s Loan History

Lender

American National Bank & Trust Co

Loan start date

July 2021

Original loan amount

$366,300

Est. remaining balance

$339,196

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Bryan Edward Fichtner and Jessica Shelor Fichtner

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: 12/23/2024 at 3:00 AM

Listing updated: 12/06/2024 at 4:11 PM

Listed by: Amy Gravely, The Realty Group Lynchburg LLC Phone #: (434) 660-6020

MLS: TriadMLS #1158135

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