tomo logo

$615,000

Beds
2
Baths
2.5
sq ft
1,434

471 Riverside Drive, Lexington, NC 27292

471 Riverside Drive

Lexington, NC 27292

  • 36 days on market
    • Price drop $15,000↓
Beautiful 2 bedroom/2.5 bath, custom built in 2022, lakefront home. Features on the main (lower) level include a beautiful kitchen with granite counter tops, stainless appliances and center island with large walk-in pantry. Main level has lake views from all windows with open concept of dining area and den/living area with gas fireplace. Walk out sliding doors to a covered patio to entertain or relax and enjoy nature. Secondary (upper) level features vaulted ceilings in primary bedroom with wooden beams and walk out balcony for morning coffee. Ensuite bath features heated jet tub, separate shower and dual bowl vanity with granite top. Primary bedroom also has a large walk-in closet with bunkbeds for additional guests as this is a successful Airbnb since 2023. In addition, second bedroom and additional bathroom down the hall. Private pier, floating dock, outdoor shower and boat lift along with storage building. This home is a must see! Please call today for a showing appointment.

Details

Property type

Single Family Residence

Est. home value

$552,186

Lot size

7,841 sq ft

Price per sq ft

$429

Year built

2022

Annual property taxes

$2,109

Price History

11/18/2024
TriadMLS

TriadMLS #1159320

Price change
$615,000
-2.38%
10/17/2024
TriadMLS

TriadMLS #1159320

Listed
$630,000
+18.87%
02/16/2023
TriadMLS

TriadMLS #1093162

Sold
$530,000

Schools & Community

Elementary school: 

Southwood

Middle school: 

Central Davidson

High school: 

Central 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

$124,467
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$441,333
Cash to seller
$124,467

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

Seller’s Loan History

Lender

North State Bank

Loan start date

February 2023

Original loan amount

$450,500

Est. remaining balance

$441,333

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Samantha Walsh and Frank Walsh

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 9:20 AM

Listing updated: 11/18/2024 at 6:01 PM

Listed by: Thomas Mabe, Premiere Properties of the Triad, Inc. Phone #: (336) 250-0615

MLS: TriadMLS #1159320

TriadMLS logo

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