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$229,000

Beds
2
Baths
2.0
sq ft
1,482

3310 Old Mill Farm Road, Lexington, NC 27295

3310 Old Mill Farm Road

Lexington, NC 27295

  • 4 days on market
When you think peace and serenity, THIS is the picturesque home. Truly nestled in the rolling hills of Lexington on over 8 acres, this cozy, cabin-like home (by local Topsider Homes) will be your piece of heaven on earth. With it's unique design and construction, spiral staircase, and barn for any and all types of hobbies, you are sure to fall in love. Imagine admiring all 4 seasons with panoramic views from the double deck, screened porch, or simply the floor to ceiling windows throughout. Extra deck space just steps away from the main home offers more areas for relaxing or enjoying the views from a new hot tub. This home really does feel like a vacation destination, right in the heart of Davidson County, just a short drive to all the hot spots. Please be sure to read the AGENT ONLY remarks. Ask about lender BUY DOWN OPTIONS!

Details

Property type

Single Family Residence

Est. home value

$272,089

Lot size

8.25 acres

Price per sq ft

$155

Year built

1986

Annual property taxes

$953

Price History

02/18/2025
TriadMLS

TriadMLS #1170743

Listed
$229,000
+63.69%
03/31/2015
TriadMLS

TriadMLS #682105

Sold
$139,900

Schools & Community

Elementary school: 

Northwest

Middle school: 

North Davidson

High school: 

North Davidson

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

$122,965
Asking price
$229,000
Closing costs (~8% of asking)
-$18,320
Est. remaining loan balance
-$87,715
Cash to seller
$122,965

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

Seller’s Loan History

Lender

Carolina Farm Credit Aca

Loan start date

March 2015

Original loan amount

$111,900

Est. remaining balance

$87,715

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

James H Shamel Iii

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: 02/23/2025 at 1:40 PM

Listing updated: 02/22/2025 at 5:16 PM

Listed by: Katlin Mateer, 360 Realty Phone #: (336) 505-1080

MLS: TriadMLS #1170743

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