tomo logo

$272,000

Beds
3
Baths
2.0
sq ft
2,322

702 Fairview Drive, Lexington, NC 27292

702 Fairview Drive

Lexington, NC 27292

  • 16 days on market
*Motivated Seller!!* Spacious, beautifully maintained brick ranch home on large lot features 3 bedrooms, 2 full bathrooms- including en suite -large living room with fireplace, finished partial basement, heated and cooled sunroom, and 2 sheds, one with electricity. Enjoy the covered front porch and quiet evenings in a fenced garden-esque backyard in a location close to shopping, hospitals, schools, and major roads.

Details

Property type

Single Family Residence

Est. home value

$250,133

Lot size

0.44 acres

Price per sq ft

$118

Year built

1956

Annual property taxes

$1,980

Price History

11/06/2024
TriadMLS

TriadMLS #1150643

Removed
$272,000
11/06/2024
TriadMLS

TriadMLS #1162395

Listed
$272,000
09/18/2024
TriadMLS

TriadMLS #1150643

Price change
$272,000
-2.51%

Schools & Community

Elementary school: 

South Lexington

Middle school: 

Lexington City

High school: 

Lexington City

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

$118,483
Asking price
$272,000
Closing costs (~8% of asking)
-$21,760
Est. remaining loan balance
-$131,757
Cash to seller
$118,483

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2020

Original loan amount

$145,500

Est. remaining balance

$131,757

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Karen Bebout

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 9:40 AM

Listing updated: 11/15/2024 at 3:46 PM

Listed by: Jessica Pherson, Mantle LLC Phone #: (336) 600-1052

MLS: TriadMLS #1162395

TriadMLS logo

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