NOT LISTED FOR SALE

1011 Michael Rd Lexington, NC 27295

Estimated Value: $161,000 - $183,000

2 Beds
1 Bath
1,000 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $164,000 $164 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,005/month

2 Days on Market

Highlights

  • Attic
  • Cottage
  • Detached Carport Space
  • No HOA
  • Porch
  • Outdoor Storage

About This Home

As of November 2023

Charming Cottage with so much potential! This two bed, 1 bath home offers tons of character, large yard, convenient location, detached carport and storage building. Kitchen appliances convey. Great investment for first time homebuyers or those looking to downsize. Shared driveway with recorded easement. Make your appointment soon for a private tour & make this one HOME before the holidays.

Last Agent to Sell the Property

Ashley Nelson

Leonard Craver Realty Inc License #259453 Listed on: 10/20/2023

Last Buyer's Agent

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1950

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 95 x 346 x 95 x 347
  • Cleared Lot
  • Property is zoned RA2

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 862 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0008A
  • Assessor Parcel Number 1803300000008A00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 95 x 346 x 95 x 347
  • Subdivision Name: None
  • Directions: From Main Street Lexington, Take West Center Street that becomes US Hwy 64 West toward Mocksville, Take Hwy 150 South/West to Tyro, Left on Michael Road. House # 1011
  • Above Grade Finished Sq Ft: 862
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 862
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1803300000008A00
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 218666.6667
  • TRIADMLS_DeedPage: 1252
  • TRIADMLS_DeedBook: 2562
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 548
  • Tax Block: 000
  • Tax Lot: 0008A
  • Tax Map Number: 033
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Nov 29, 2023
Sold by
Johnson Katlyn
Bought by
Carter Milan William
Seller's Agent
Ashley Nelson
Leonard Craver Realty Inc
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$159,900
Sold Price
$164,000
Premium/Discount to List
$4,100
2.56%
Views
49
Current Estimated Value
$173,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,844
Avg. Annual Appreciation
0.14%
Original Mortgage
$131,200
Outstanding Balance
$129,608
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$34,773

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 1, 2022
Sold by
Swing Mitzi L and Swing Shaun C
Bought by
Johnson Katlyn
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
Buyer's Agent
Ashley Nelson
Leonard Craver Realty Inc
List Price
$123,500
Sold Price
$130,000
Premium/Discount to List
$6,500
5.26%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Original Mortgage
$123,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2017
Sold by
Beck Tamara L and Beck Kevin H
Bought by
Swing Mitzi L

Purchase Details

Closed on
Feb 27, 1965
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
Carter Milan William $164,000 None Listed On Document
Johnson Katlyn $130,000 Holton Stephen C
Swing Mitzi L -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Milan William $131,200
Previous Owner Johnson Katlyn $123,500
Closed Johnson Katlyn $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $164,000 +2.6% $234 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $159,900 +23.0% $228 / Sq Ft
08/17/2022 08/17/22 Sold $130,000 +5.3% $186 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $123,500 -- $176 / 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 $540 $88,360 $0 $0
2023 $540 $88,360 $0 $0
2022 $540 $88,360 $0 $0
2021 $540 $88,360 $0 $0
2020 $439 $71,860 $0 $0
2019 $446 $71,860 $0 $0
2018 $446 $71,860 $0 $0
2017 $438 $70,630 $0 $0
2016 $222 $70,630 $0 $0
2015 $222 $70,630 $0 $0
2014 $208 $65,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Ashley Nelson

    Leonard Craver Realty Inc

    (336) 239-7002

    25 in this area

    120 Total Sales

    Section Image
  • Frankie Byrd

    Buyer's Agent in 2023

    Frankie Byrd

    Price REALTORS - NC Hwy 8

    (336) 239-7253

    14 in this area

    178 Total Sales

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Map

Source: Triad MLS

MLS Number: 1122932

Triad MLS

APN: 18-033-0-000-0008-A-0-0

North Carolina Davidson County Lexington 27295

1011 Michael Rd, Lexington, NC

This home is located at 1011 Michael Rd, Lexington, NC 27295 since 20 October 2023 and is currently estimated at $173,844, approximately $173 per square foot. This property was built in 1950. 1011 Michael Rd is a home located in Davidson County with nearby schools including Tyro Elementary School, Tyro Middle School, and West Davidson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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