NOT LISTED FOR SALE

1020 New Bowers Rd Lexington, NC 27292

Estimated Value: $378,000 - $469,000

3 Beds
2 Baths
2,800 Sq Ft
$147/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $270,000 $96 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,331/month

Highlights

  • Dining Room with Fireplace
  • No HOA
  • Attached Carport
  • Engineered Wood Flooring
  • Porch
  • Central Air

About This Home

As of January 2021

Come check out this renovated 1963's ranch! The kitchen has been opened up to the very large dining room that boast a beautifully large fireplace! With lots of windows, the natural light in the living room is amazing! Every square inch of this home's main level has been touched with updates! It really is a must see! Renovations didn't stop on the main floor! The basement has been updated with tile flooring, providing an additional 725 bonus room! Open house will be this Sunday 12/6 from 2-4!

Last Agent to Sell the Property

Destinee Smith

Local R.E. Inc. License #313707 Listed on: 12/03/2020

Local R.E. Inc.

Last Buyer's Agent

Jason Bramblett

Jason Bramblett Real Estate License #214156

Jason Bramblett Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $960

Year Built

  • Built in 1963

Lot Details

  • 1.45 Acre Lot
  • Property is zoned RA1

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,649 Sq Ft Home
  • 2,300-2,800 Sq Ft Home
  • Property has 1 Level
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 0502000000006000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$960

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.445
  • Subdivision Name: None
  • Directions: From East US 64 (headed to Asheboro) turn right on New Bowers Rd just past interstate 85. 1.5 Miles and house is on the left.
  • Above Grade Finished Sq Ft: 2649
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1963
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2300 - 2800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Engineered, Tile, Wood
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Dining Room
  • Fireplaces: 2
  • Living Area: 2649
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Lighting
  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Garage, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Davis-Townsend
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 0502000000006000
  • Zoning: RA1
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 960
  • Tax Lot: 6
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.63

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 7, 2021
Sold by
Vargas Marvin Gustavo
Bought by
Gathings Mark C and Gathings Joanna K
Seller's Agent
Destinee Smith
Local R.E. Inc.
Buyer's Agent
Jason Bramblett
Jason Bramblett Real Estate
Sold Price
$270,000
Current Estimated Value
$411,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,569
Avg. Annual Appreciation
9.16%
Original Mortgage
$265,109
Outstanding Balance
$236,569
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$175,000

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 17, 2018
Sold by
Kennedy Dennis Alonzo and Kennedy Glenda H
Bought by
Vargas Marvin G
Seller's Agent
Annebelle Black
Ann Black Realty, Inc
Buyer's Agent
Hugh Moore
Hugh Moore Real Estate Firm LLC
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.44%
Original Mortgage
$152,290
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2008
Sold by
Kennedy Dennis Alonzo and Kennedy Joel Branford
Bought by
Kennedy Dennis Alonzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2007
Sold by
Kennedy Margaret Paige Young
Bought by
Kennedy Joel Branford and Kennedy Dennis Alonzo

Purchase Details

Closed on
Oct 13, 2000
Sold by
Kennedy Margaret Paige Young
Bought by
Kennedy Dennis Alonzo Et Als

Purchase Details

Closed on
Dec 1, 1996
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
Gathings Mark C $270,000 First American Mortgage Sln
Vargas Marvin G $157,000 None Available
Kennedy Dennis Alonzo $60,000 None Available
Kennedy Joel Branford -- None Available
Kennedy Dennis Alonzo Et Als -- --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gathings Mark C $265,109
Closed Gathings Mark C $7,953
Previous Owner Vargas Marvin G $152,290
Previous Owner Kennedy Dennis Alonzo $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2021 01/07/21 Sold $270,000 +72.0% $117 / Sq Ft
07/18/2018 07/18/18 Sold $157,000 -1.8% $87 / Sq Ft View Prior Sale
06/21/2018 06/21/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $159,900 -- $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
2025 $1,992 $301,770 $0 $0
2024 $1,902 $301,770 $0 $0
2023 $1,902 $301,770 $0 $0
2022 $1,707 $270,770 $0 $0
2021 $1,691 $268,240 $0 $0
2020 $960 $152,350 $0 $0
2019 $960 $152,350 $0 $0
2018 $960 $152,350 $0 $0
2017 $960 $152,350 $0 $0
2016 $960 $152,350 $0 $0
2015 $929 $152,350 $0 $0
2014 $958 $157,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 005310

Triad MLS

APN: 05-020-0-000-0006-0-0-0