tomo logo

$249,900

Beds
3
Baths
2.0
sq ft
1,120

176 Terrace Lane, Lexington, NC 27292

176 Terrace Lane

Lexington, NC 27292

  • 18 days on market
Recently remodeled 3 bed, 2 bath home on 1.66 acres! This move-in-ready property at 176 Terrace Ln, Lexington, NC, features new windows, a new hot water heater, new flooring throughout most of the home, a brand-new refrigerator and stove, and newer solar panels for energy efficiency. Enjoy a modern feel with these upgrades while benefiting from lower utility costs. With plenty of space inside and out, this charming home won’t last long. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$207,761

Lot size

1.66 acres

Price per sq ft

$224

Year built

1978

Annual property taxes

$862

HOA

No

Price History

03/19/2025
TriadMLS

TriadMLS #1173903

Listed
$249,900
+330.86%
07/28/2014
TriadMLS

TriadMLS #695569

Sold
$58,000

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

$183,932
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$45,976
Cash to seller
$183,932

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

Seller’s Loan History

Lender

New Penn Financial Llc

Loan start date

July 2014

Original loan amount

$59,247

Est. remaining balance

$45,976

Interest rate

4.2%

Loan type

VA, 30 year

Seller

Ronnie Proctor and Linda Proctor

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: Active

Tomo last checked: 04/07/2025 at 12:30 AM

Listing updated: 03/20/2025 at 10:06 AM

Listed by: Max Morrison, Carolina Realty Solutions Phone #: (336) 939-0000

MLS: TriadMLS #1173903

TriadMLS logo

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