tomo logo

$119,900

Beds
2
Baths
1.0
sq ft
856

500 Burgin Drive, Lexington, NC 27292

500 Burgin Drive

Lexington, NC 27292

  • 123 days on market
    • Price drop $5,000↓
Cozy single story 2 bedroom 1 bath cottage in Lexington. Has been partially updated and just needs a few finishing touches to make it your own! Property is sold AS IS. Seller will not make repairs to the property, either buyer or lender requested. Please see Agent Only and Attachments for important offer info.

Details

Property type

Single Family Residence

Est. home value

$120,966

Lot size

0.34 acres

Price per sq ft

$141

Year built

1932

Annual property taxes

$953

Price History

11/05/2024
TriadMLS

TriadMLS #1148389

Price change
$119,900
-4%
10/22/2024
TriadMLS

TriadMLS #1148389

Price change
$124,900
-2.35%
10/08/2024
TriadMLS

TriadMLS #1148389

Price change
$127,900
-3.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$33,126
Asking price
$119,900
Closing costs (~8% of asking)
-$9,592
Est. remaining loan balance
-$77,182
Cash to seller
$33,126

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

May 2022

Original loan amount

$80,750

Est. remaining balance

$77,182

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

James Wielgosz

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: 11/09/2024 at 3:35 AM

Listing updated: 11/05/2024 at 2:16 PM

Listed by: Courtney Shields Baxter, RE/MAX Realty Consultants Phone #: (336) 761-1991

MLS: TriadMLS #1148389

TriadMLS logo

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