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$201,401Estimated home value

Beds
3
Baths
2.0
sq ft
2,956

405 West 4th Avenue, Lexington, NC 27292

405 West 4th Avenue

Lexington, NC 27292

  • Sold On 11/16/2021
    • Price drop $15,000↓
Large brick home that has a lot of potential with some TLC. Convient to shopping, restaurants, etc. Great investment opportunity. Home being sold "AS IS"

Details

Property type

Single Family Residence

Est. home value

$201,401

Lot size

0.26 acres

Price per sq ft

$46

Year built

1952

Annual property taxes

$1,887

Price History

04/01/2025
TriadMLS

TriadMLS #1155924

Removed
$365,000
03/11/2025
TriadMLS

TriadMLS #1155924

Price change
$365,000
-1.35%
01/13/2025
TriadMLS

TriadMLS #1155924

Price change
$370,000
-1.33%

Schools & Community

Elementary school: 

Lexington City

Middle school: 

Lexington City

High school: 

Lexington City

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

$9,585
Asking price
$134,995
Closing costs (~8% of asking)
-$10,800
Est. remaining loan balance
-$114,610
Cash to seller
$9,585

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

November 2021

Original loan amount

$123,500

Est. remaining balance

$114,610

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Mohammad Sabir and Mohammad B Khan

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: Off Market

Tomo last checked: 04/09/2025 at 1:00 PM

Listing updated: 04/11/2024 at 11:53 AM

Listed by: Scott David, Better Homes and Gardens Real Estate Paracle Phone #: (803) 325-8774

MLS: TriadMLS #1042514

TriadMLS logo

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