tomo logo

$249,000

Beds
3
Baths
3.0
sq ft
2,605

1963 Old Mountain Road, Lexington, NC 27292

1963 Old Mountain Road

Lexington, NC 27292

  • 19 days on market
Potential abounds in this spacious home located minutes from High Rock Lake on nearly 2 acres! TLC will make this home perfect for someone desiring 3 levels of living space, huge deck, attached garage, and even an indoor pool. Concrete drive with plenty of parking, huge front porch, and lots of room for storage in the basement. Property will not qualify for most types of financing due to condition. Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment. Water is provided by Davidson Water. Sold as is, condition of all systems is unknown.

Details

Property type

Single Family Residence

Est. home value

$381,922

Lot size

1.90 acres

Price per sq ft

$96

Year built

1999

Annual property taxes

$1,661

Price History

12/04/2024
TriadMLS

TriadMLS #1164572

Listed
$249,000
+5.96%
08/26/2021
TriadMLS

TriadMLS #1012498

Sold
$235,000
+0.43%
11/17/2016
TriadMLS

TriadMLS #788801

Sold
$234,000

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

$10,970
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$218,110
Cash to seller
$10,970

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 Financial Network Inc

Loan start date

August 2021

Original loan amount

$235,000

Est. remaining balance

$218,110

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Marvin Dustin Repass

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 3:15 PM

Listing updated: 12/04/2024 at 9:43 AM

Listed by: Angela Miller, Genesis Realty Co Phone #: (704) 933-5000

MLS: TriadMLS #1164572

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