NOT LISTED FOR SALE

102 W 3rd Ave Lexington, NC 27292

Estimated Value: $332,000 - $396,000

4 Beds
4 Baths
2,900 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $145,000 $50 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,194/month

79 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Second Washer
  • Porch
  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

INVESTORS OPPORTUNITY:LOCATION! Large 4bd/4ba w/garage on large lot in historic uptown location. Walk to shops,restaurants,amphitheater,churches,banks & YMCA. New Roof 2020.HVAC 2014. 2013 update:kit,bath,2 water htrs,water supply lines & electric. Oversize garage built 2014 w/heat & air. Currently 2bd/2ba ea duplex w/dbl.laundry. Can easily be single family home or B&B. Needs exterior paint.Hardwoods under most carpet. Price reflects “AS IS” condition. Act now, uptown homes go quickly. See agent remarks.

Last Agent to Sell the Property

Thomas Mabe

Premiere Properties of the Triad, Inc. License #270359 Listed on: 06/29/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1922

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 75 x 190 x 64 x 75 x 11 x 111
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2,724 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Pull Down Stairs to Attic
  • Free-Standing Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Second Washer
  • Dryer Hookup
  • Second Dryer Hookup
  • Second Washer Hookup

Outdoor Features

  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1108700000014000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3228
  • Lot Size: 75 x 190 x 64 x 75 x 11 x 111
  • Subdivision Name: None
  • Directions: From Main St. turn onto Third Avenue traveling west home will be on the right across from the Lexington YMCA
  • Above Grade Finished Sq Ft: 2724
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1922
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Has Basement: Cellar
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2724
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: 2nd Dryer Connection, 2nd Washer Connection, Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 1108700000014000
  • Zoning: TN
  • TRIADMLS_PricePerAcre: 464374.2255
  • TRIADMLS_DeedPage: 0538
  • TRIADMLS_DeedBook: 2078
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1283
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
102 W 3Rd Lexington Llc
Bought by
Timberlake Roberts Edgar and Timberlake Elisabeth B
Current Estimated Value
$355,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$288,237
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$70,335

Purchase Details

Closed on
Sep 1, 2021
Sold by
102 W 3Rd Lexington Llc
Bought by
Allred Gilbert Dale and Allred Patricia

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 1, 2020
Sold by
Jeskee Properties Llc
Bought by
102 W 3Rd Lexington Llc
Seller's Agent
Thomas Mabe
Premiere Properties of the Triad, Inc.
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%

Purchase Details

Listed on
May 18, 2012
Closed on
Oct 11, 2012
Sold by
Cecil Fred H and Cecil Dottie Graves
Bought by
Jeskee Properties Llc
Buyer's Agent
Dan Smith
Smith Bryant Inc
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.61%
Original Mortgage
$40,000
Interest Rate
3.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2006
Sold by
Heiss James D and Suttle Evelyn Amy
Bought by
Cecil Gertrude F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Timberlake Roberts Edgar $310,000 Brinkley Walser Stoner Pllc
Allred Gilbert Dale -- None Available
102 W 3Rd Lexington Llc $145,000 None Available
Jeskee Properties Llc $40,000 None Available
Cecil Gertrude F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timberlake Roberts Edgar $310,000
Previous Owner Jeskee Properties Llc $40,000
Closed 102 W 3Rd Lexington Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $145,000 +262.5% $60 / Sq Ft
10/29/2012 10/29/12 Sold $40,000 -38.5% $13 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $65,000 -- $21 / 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 $3,048 $234,480 $0 $0
2023 $3,048 $234,480 $0 $0
2022 $3,015 $231,890 $0 $0
2021 $2,011 $154,700 $0 $0
2020 $1,264 $97,930 $0 $0
2019 $2,384 $97,930 $0 $0
2018 $1,283 $97,930 $0 $0
2017 $1,283 $97,930 $0 $0
2016 $1,283 $97,930 $0 $0
2015 $1,234 $97,930 $0 $0
2014 $1,317 $104,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 983628

Triad MLS

APN: 11-087-0-000-0014-0-0-0