tomo logo

$419,000

Beds
3
Baths
2.5
sq ft
2,672

185 Montreat Drive, Lexington, NC 27295

185 Montreat Drive

Lexington, NC 27295

  • 19 days on market
    • Price drop $6,000↓
Welcome to this thoughtfully designed property featuring exceptional modern amenities. Upon entry, a cozy fireplace exudes old-world charm. The neutral color palette enhances natural lighting, creating a spacious feel. The gourmet kitchen, the heart of the home, includes a walk-in pantry and a kitchen island for added functionality. An accent backsplash adds sophistication to the design. The primary bathroom offers double sinks for convenience. Outside, a covered patio provides a perfect spot for relaxation or entertainment. A storage shed and fenced backyard ensure privacy and outdoor enjoyment. This property combines utility and modern aesthetics for a harmonious living experience. Don't miss out on this opportunity for tranquility and convenience.

Details

Property type

Single Family Residence

Est. home value

$442,114

Lot size

0.86 acres

Price per sq ft

$157

Year built

2020

Annual property taxes

$2,086

Price History

06/27/2024
TriadMLS

TriadMLS #1146405

Price change
$419,000
-1.41%
06/18/2024
TriadMLS

TriadMLS #1146405

Listed
$425,000
+9.25%
10/08/2021
TriadMLS

TriadMLS #1041140

Sold
$389,000
+20.8%

Schools & Community

Elementary school: 

Friedberg

Middle school: 

Oak Grove

High school: 

Oak Grove

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

$44,735
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$340,745
Cash to seller
$44,735

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

October 2021

Original loan amount

$362,598

Est. remaining balance

$340,745

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Ashley Lauren Matherly and Stephen Matherly

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: 07/07/2024 at 5:55 PM

Listing updated: 07/06/2024 at 7:43 PM

Listed by: Thomas Shoupe, Opendoor Brokerage LLC Phone #: (480) 462-5392

MLS: TriadMLS #1146405

TriadMLS logo

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