NOT LISTED FOR SALE

10048 Nc Highway 8 Lexington, NC 27292

Estimated Value: $168,966 - $222,000

3 Beds
1 Bath
1,100 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $155,000 $141 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,084/month

92 Days on Market

Highlights

  • Partially Wooded Lot
  • Attic
  • Cottage
  • Wood Flooring
  • No HOA
  • Porch

About This Home

As of July 2022

Cute cottage with some updates. Water heater 2017, Roof Nov 2020, floors in kitchen and laundry 2018, paint 2018 inside. No tub just large shower. This home is agent owned and has been a rent house..SOLD AS IS acreage is 1.79. There is an easement for the church to the right behind this property. Laundry room not heated or cooled

Last Agent to Sell the Property

Pam Pettus

Thomason Realty Group, LLC License #220742 Listed on: 03/10/2022

Last Buyer's Agent

Lisa Smith

Berkshire Hathaway HomeServices Yost & Little Realty License #329499

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $567

Year Built

  • Built in 1948

Lot Details

  • 1.79 Acre Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA1

Parking

  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,030 Sq Ft Home
  • 900-1,100 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Free-Standing Range
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0603100000016
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$567

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.79
  • Subdivision Name: None
  • Directions: Hwy 8 south before Marathon station
  • Above Grade Finished Sq Ft: 1030
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Remarks, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1030
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Partially Cleared, Partially Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 0603100000016
  • Zoning: RA1
  • TRIADMLS_PricePerAcre: 90502.7933
  • TRIADMLS_DeedPage: 1724
  • TRIADMLS_DeedBook: 2278
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 567
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jul 10, 2022
Sold by
Pettus Pamela M
Bought by
Mace Daryon M and Lewis Otis A
Seller's Agent
Pam Pettus
Thomason Realty Group, LLC
Buyer's Agent
Lisa Smith
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$172,500
Sold Price
$155,000
Premium/Discount to List
-$17,500
-10.14%
Current Estimated Value
$188,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,712
Avg. Annual Appreciation
7.54%
Original Mortgage
$157,000
Outstanding Balance
$148,221
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$45,521

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jul 31, 2017
Sold by
Freeman Alexandria Warfford and Freeman Barry Richard
Bought by
Pettus Ben G and Pettus Pamela M
Seller's Agent
Diana Cooke
Thomason Realty Group, LLC
Buyer's Agent
Pam Pettus
Thomason Realty Group, LLC
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%
Original Mortgage
$51,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jun 8, 2017
Sold by
Warfford Foy Alexander and Warfford Glenda Hedrick
Bought by
Freeman Alexandria Warfford
Seller's Agent
Diana Cooke
Thomason Realty Group, LLC
Buyer's Agent
Pam Pettus
Thomason Realty Group, LLC
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2014
Sold by
Warfford Alice L and Warfford Foy A
Bought by
Freeman Alexandria Faye Warfford

Purchase Details

Closed on
Aug 8, 2007
Sold by
Warfford Alice Lookabill
Bought by
Cross John A and Cross Joann
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mace Daryon M $155,000 None Listed On Document
Pettus Ben G $60,000 None Available
Freeman Alexandria Warfford -- None Available
Freeman Alexandria Faye Warfford -- None Available
Cross John A $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mace Daryon M $157,000
Previous Owner Pettus Ben G $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $155,000 -4.3% $172 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $162,000 -6.1% $180 / Sq Ft
03/10/2022 03/10/22 For Sale $172,500 +187.5% $192 / Sq Ft
07/31/2017 07/31/17 Sold $60,000 -24.9% $67 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $79,900 -- $89 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $614 $93,060 $0 $0
2023 $614 $93,060 $0 $0
2022 $585 $88,590 $0 $0
2021 $558 $88,590 $0 $0
2020 $474 $75,260 $0 $0
2019 $482 $75,260 $0 $0
2018 $470 $75,260 $0 $0
2017 $491 $78,500 $0 $0
2016 $491 $78,500 $0 $0
2015 $491 $78,500 $0 $0
2014 $471 $75,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1061497

Triad MLS

APN: 06-031-0-000-0016-0-0-0