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$189,900

Beds
4
Baths
2.0
sq ft
1,475

700 E Gay St, Lancaster, SC 29720

700 E Gay St

Lancaster, SC 29720

  • Pending
    • Price drop $5,100↓
Welcome to this charming 4-bedroom, 2-bathroom home, situated on a spacious corner lot, offering one of the largest yards in the neighborhood. This home located in the heart of the city, just minutes from downtown and a short distance to Main Street in Lancaster. Key features include a Wi-Fi ready thermostat and front doorbell camera for modern convenience. The Master Suite provides extra space and privacy with its separate bathroom and walk-in closet. The open layout is designed for maximum space utilization, offering ample closet and storage space. Outside, enjoy a decades-old pear tree in the backyard and a parking pad connected by a cement walkway leading to the front door. An amazing home! $5000 in closing costs paid by seller.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$129

Year built

2022

Price History

10/25/2024
CanopyMLS

CanopyMLS #4164296

Pending
$189,900
10/08/2024
CanopyMLS

CanopyMLS #4164296

Price change
$189,900
-2.62%
10/02/2024
CanopyMLS

CanopyMLS #4164296

Price change
$195,000
-1.47%

Schools & Community

Elementary school: 

Clinton

Middle school: 

A.R. Rucker

High school: 

Lancaster

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

$89,170
Asking price
$189,900
Closing costs (~8% of asking)
-$15,192
Est. remaining loan balance
-$85,538
Cash to seller
$89,170

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

Seller’s Loan History

Lender

21St Mortgage Corp

Loan start date

October 2022

Original loan amount

$88,787

Est. remaining balance

$85,538

Interest rate

6.02%

Loan type

New Conventional, 25 year

Seller

Brenda Mishel Belk

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: 11/09/2024 at 11:55 AM

Listing updated: 10/24/2024 at 10:19 PM

Listed by: Joetta Talford, Talford Realty International Phone #: (877) 972-1060

MLS: CanopyMLS #4164296

CanopyMLS logo

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