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$535,000

Beds
3
Baths
2.5
sq ft
3,796

852 Terrace Drive, Lexington, NC 27295

852 Terrace Drive

Lexington, NC 27295

  • 10 days on market
Welcome to this beautiful and spacious 3-bedroom, 2.5-bathroom home in the heart of Lexington, NC! The home boasts a finished basement, offering plenty of extra living space for a home office, gym, or recreation room. The main level offers a bright and open living room, a well-equipped kitchen with modern appliances, and a dining area perfect for gatherings. Each of the three bedrooms provides comfortable space, with the primary on the main level featuring an en-suite bathroom for added privacy. Step outside to your backyard oasis, where you can take a refreshing dip in the pool, or unwind on the spacious deck area. Located in Meadow Lily, this home is just minutes away from local amenities, schools, and restaurants. As well as a short drive to Winston Salem. Don't miss the opportunity to own this stunning property!

Details

Property type

Single Family Residence

Est. home value

$546,954

Lot size

0.80 acres

Price per sq ft

$141

Year built

1995

Annual property taxes

$2,457.8

Price History

11/14/2024
TriadMLS

TriadMLS #1162841

Listed
$535,000
+67.19%
08/02/2019
TriadMLS

TriadMLS #927675

Sold
$320,000

Schools & Community

Elementary school: 

Friedberg

Middle school: 

Oak Grove

High school: 

Oak Grove

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

$210,547
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$281,653
Cash to seller
$210,547

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

July 2019

Original loan amount

$314,204

Est. remaining balance

$281,653

Interest rate

3.82%

Loan type

FHA, 30 year

Seller

Andrea Mesa and Grant Lahaie

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 5:50 AM

Listing updated: 11/15/2024 at 2:21 PM

Listed by: Karmen Quakenbush, RE/MAX Realty Consultants Phone #: (336) 217-9300

MLS: TriadMLS #1162841

TriadMLS logo

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