tomo logo

$425,000

Beds
4
Baths
2.5
sq ft
3,005

1805 Lexington Avenue, Monroe, NC 28112

1805 Lexington Avenue

Monroe, NC 28112

  • 16 days on market
RENOVATED…SPACIOUS…OPEN-CONCEPT LIVING! This stunning 4-bedroom, 2.5-bathroom home with an office and bonus room is tucked in a serene cul-de-sac in Lexington Commons. Freshly painted throughout, it features sleek LVP flooring downstairs and a show-stopping kitchen with granite countertops, updated cabinets, stainless steel appliances, and a large island—perfect for entertaining. Enjoy two living rooms, a cozy fireplace, and a convenient half bath. The primary suite is a retreat with natural light, a double vanity, soaking tub, walk-in shower, and spacious closet. Upstairs also includes three additional bedrooms, a full bath, laundry room, and versatile bonus room. A two-car garage, extended driveway, and spacious backyard complete this gem. Conveniently located near schools, shopping, and more—this is a must-see in Lexington Commons!

Details

Property type

Single Family Residence

Est. home value

$378,364

Lot size

Unknown

Price per sq ft

$142

Year built

2006

Price History

12/19/2024
CanopyMLS

CanopyMLS #4205447

Listed
$425,000
12/11/2024
CanopyMLS

CanopyMLS #4205447

Pending
$425,000
12/06/2024
CanopyMLS

CanopyMLS #4205447

Listed
$425,000
+86.4%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$287,875
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$103,125
Cash to seller
$287,875

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2020

Original loan amount

$114,000

Est. remaining balance

$103,125

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Richard Ray Allen Jr and Fang Chen

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: 12/22/2024 at 7:25 PM

Listing updated: 12/19/2024 at 1:04 PM

Listed by: Laura Wales, Keller Williams South Park Phone #: (704) 602-0400

MLS: CanopyMLS #4205447

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