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$208,500

Beds
2
Baths
1.0
sq ft
875

1987 Old Mountain Road, Lexington, NC 27292

1987 Old Mountain Road

Lexington, NC 27292

  • 13 days on market
    • Price drop $1,500↓
Charming 2 bedroom, 1 bath home nestled in close proximity to High Rock Lake. You will adore all the features this one level home has to offer. Features include the covered front porch, back deck and fenced in backyard. You will love the possibilities the deattached garage has to offer. Cozy living room offers a bricked gas log fireplace. The recently renovated eat in kitchen will surely impress. Home features a whole house water purification system. Beautiful flooring throughout. This gem is move in ready and will not last long.

Details

Property type

Single Family Residence

Est. home value

$208,227

Lot size

0.76 acres

Price per sq ft

$239

Year built

1985

Annual property taxes

$773

Price History

11/18/2024
TriadMLS

TriadMLS #1162535

Price change
$208,500
-0.71%
11/10/2024
TriadMLS

TriadMLS #1162535

Listed
$210,000
+52.17%
06/22/2021
TriadMLS

TriadMLS #1022727

Sold
$138,000
+31.43%

Schools & Community

Elementary school: 

Call School Board

Middle school: 

Call School Board

High school: 

Call School Board

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

$62,805
Asking price
$208,500
Closing costs (~8% of asking)
-$16,680
Est. remaining loan balance
-$129,015
Cash to seller
$62,805

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

Seller’s Loan History

Lender

Allen Tate Mortgage Partners Llc

Loan start date

June 2021

Original loan amount

$139,393

Est. remaining balance

$129,015

Interest rate

2.96%

Loan type

USDA, 30 year

Seller

Christopher Lee Cox

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: 11/23/2024 at 6:00 AM

Listing updated: 11/18/2024 at 1:41 PM

Listed by: Angela Brown Cranford, Price REALTORS - Archdale Phone #: (336) 861-7653

MLS: TriadMLS #1162535

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