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$625,000

Beds
3
Baths
2.0
sq ft
1,751

187 Nel la Ln, Chapin, SC 29036

187 Nel la Ln

Chapin, SC 29036

  • 82 days on market
    • Price drop $25,000↓
Welcome to one of the best values on Lake Murray. 187 Nel-La Lane is located at the very end of a private road, secluded by woods and the lake. This property sits on .68 acres with 128' of water frontage, a private dock, and a shared boat ramp with your neighbor. This single level home offers an open floor plan with vaulted ceilings in the living room, fireplace, a mud room off the garage, and a screened in covered deck. The home has a total of 4 garages. A two car side entry garage attached to the house, and a detached 2 car garage along the boat ramp. The home also has a finished basement with 416sf that can easily be converted to a living area, along with an additional 260sf of unfinished basement area. The HVAC system was installed in 2022, and a new well pump was installed in 2021. With a little bit of TLC and elbow grease you can make this your Lake Murray dream home.

Details

Property type

Single Family Residence

Est. home value

$642,034

Lot size

0.68 acres

Price per sq ft

$357

Year built

1988

Price History

08/13/2024
ColumbiaSC

ColumbiaSC #587973

Price change
$625,000
-3.85%
06/23/2024
ColumbiaSC

ColumbiaSC #587973

Listed
$650,000
+65.82%
05/05/2020
ColumbiaSC

ColumbiaSC #489583

Sold
$392,000

Schools & Community

Elementary school: 

Piney Woods Elementary

Middle school: 

Chapin

High school: 

Chapin

School district: 

Lexington/Richland Five

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

$288,439
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$286,561
Cash to seller
$288,439

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

May 2020

Original loan amount

$313,600

Est. remaining balance

$286,561

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Corinne Holland and Vernon L Holland Jr

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: 09/13/2024 at 10:30 AM

Listing updated: 08/13/2024 at 9:39 AM

Listed by: Jessica Grote, Paul Properties LLC

MLS: ColumbiaSC #587973

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