tomo logo

$530,000

Beds
5
Baths
3.5
sq ft
3,610

518 Meadow Grass Ln, Lexington, SC 29072

518 Meadow Grass Ln

Lexington, SC 29072

  • Pending
518 Meadow Grass Lane in Lexington, South Carolina, is a well-appointed single-family home with several luxurious features. Spanning 3,610 square feet, this residence includes 5 bedrooms, 3 full bathrooms, and 1 half bathroom, ideal for large families or those who love entertaining guests. The interior boasts upgraded tile and hardwood flooring throughout. The kitchen is a highlight with its upgraded appliances and a large floating island, perfect for culinary enthusiasts and social gatherings. The owner’s suite on the main level adds to the home's convenience and privacy. Additionally, the living area features a cozy fireplace. One of the standout features of this property is its private pool, providing a perfect spot for relaxation and recreation during the warmer months. The home also includes a separate well dedicated to irrigation, ensuring the landscaping stays lush and green without impacting the main water supply. The attached 3-car garage offers ample space for vehicles and storage. The home is situated in a desirable area within the Lexington 01 School District, known for its top-rated schools like Lake Murray Elementary and Lexington High School. The neighborhood is primarily car-dependent, though it has some bike-friendly areas. This home offers a balance of luxury, convenience, and a family-friendly environment

Details

Property type

Single Family Residence

Est. home value

$483,452

Lot size

8,276 sq ft

Price per sq ft

$147

Year built

2016

Monthly HOA fee

$20.83

Price History

07/03/2024
ColumbiaSC

ColumbiaSC #588588

Pending
$530,000
07/02/2024
ColumbiaSC

ColumbiaSC #588588

Listed
$530,000
+8.16%
01/24/2023
ColumbiaSC

ColumbiaSC #554087

Sold
$490,000
+58.58%

Schools & Community

Elementary school: 

LakeMurray (Lex 1)

Middle school: 

Beechwood Middle School

High school: 

Lexington

School district: 

Lexington One

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

$102,096
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$385,504
Cash to seller
$102,096

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2023

Original loan amount

$392,000

Est. remaining balance

$385,504

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Brian Maduri and Kimberly Maduri

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: Pending/Under Contract

Tomo last checked: 07/05/2024 at 1:00 AM

Listing updated: 07/03/2024 at 5:31 PM

Listed by: Everett Nelson, Keller Williams Realty

MLS: ColumbiaSC #588588

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