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$159,900

Beds
3
Baths
2.0
sq ft
1,512

3571 Gear Dr, Lancaster, SC 29720

3571 Gear Dr

Lancaster, SC 29720

  • 165 days on market
    • Price drop $20,000↓
Minutes from Hwy 521 and an easy commute to Charlotte, NC. Investor opportunity for fix and flip or rental property. Cash only due to a singlewide mobile home with addition. The mobile home is a 1969 and the addition was added in around 2000. The lot is cleared around home and garden area. The other 4 acre +/- is wooded and private. Second bath has been stripped but has been plumbed. Bring your hammer but a little hard work will pay off with a wonderful home!

Details

Property type

Single Family Residence

Est. home value

$308,765

Lot size

Unknown

Price per sq ft

$106

Year built

1969

Price History

10/20/2024
CanopyMLS

CanopyMLS #4149515

Price change
$159,900
-11.12%
09/17/2024
CanopyMLS

CanopyMLS #4149515

Price change
$179,900
-18.19%
08/19/2024
CanopyMLS

CanopyMLS #4149515

Price change
$219,900
-8.34%

Schools & Community

Elementary school: 

North

Middle school: 

A.R. Rucker

High school: 

Lancaster

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

-$46,335
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$193,443
Cash to seller
-$46,335

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

August 2021

Original loan amount

$208,000

Est. remaining balance

$193,443

Interest rate

3.02%

Loan type

USDA, 30 year

Seller

William Allman

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: 11/22/2024 at 7:20 PM

Listing updated: 10/20/2024 at 6:19 AM

Listed by: Cathy Herron, A Carolina Realty LLC Phone #: (803) 984-0260

MLS: CanopyMLS #4149515

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