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$375,000

Beds
3
Baths
1.5
sq ft
1,612

531 Lexington Rd, Lancaster, PA 17603

531 Lexington Rd

LANCASTER, PA 17603

  • 13 days on market
    • Price drop $5,000↓
You'll find lots to love in this beautiful 3 bedroom, 2 bath, home. The stylish kitchen has granite countertops, a dishwasher and a large fridge that's included with the sale. Central A/C, hardwood and ceramic tile floors. The flexible interior layout provides options for a family room, home gym or home theater and game room. The washer and dryer are included. Enjoy the large fenced backyard with an expansive patio. Located in a friendly Penn Manor neighborhood, it’s conveniently close to Conestoga Country Club, Lancaster City, Route 30 and restaurants. You are welcome to schedule a tour.

Details

Property type

Single Family Residence

Est. home value

$324,898

Lot size

0.24 acres

Price per sq ft

$233

Year built

1961

Annual property taxes

$3,546

HOA

No

Price History

11/13/2024
Bright

Bright #PALA2059866

Price change
$375,000
-1.32%
11/01/2024
Bright

Bright #PALA2059866

Listed
$380,000
+8.57%
08/18/2023
Bright

Bright #PALA2036106

Sold
$350,000
+52.17%

Schools & Community

Elementary school: 

HAMBRIGHT

Middle school: 

MANOR

High school: 

PENN MANOR

School district: 

PENN MANOR

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

$10,945
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$334,055
Cash to seller
$10,945

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2023

Original loan amount

$338,318

Est. remaining balance

$334,055

Interest rate

6.71%

Loan type

FHA, 30 year

Seller

Emmanuel Ndabateze and Nonita Mongar

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?

Status: Active

Tomo last checked: 11/14/2024 at 10:55 AM

Listing updated: 11/13/2024 at 3:16 PM

Listed by: Tim Charles, Kingsway Realty - Lancaster Phone #: (717) 569-8701

MLS: Bright #PALA2059866

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