NOT LISTED FOR SALE

103 Spring Dr Lexington, NC 27295

Estimated Value: $89,000 - $199,000

3 Beds
1 Bath
1,200 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $189,000 $158 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $972/month

4 Days on Market

Highlights

  • No HOA
  • Central Air
  • Ceiling Fan
  • Detached Garage

About This Home

As of May 2024

Welcome to your fully renovated oasis in a prime location! This 3BD, 1BTH home has undergone a transformation, new plumbing, new HVAC,& updated electrical systems! The kitchen is huge with brand-new appliances, making meal prep a breeze. From the all-new lighting fixtures to the meticulously chosen interior and exterior doors. Enjoy the comfort of all-new luxury vinyl plank floors throughout. Outside, a one-car detached garage with a new garage door offers storage convenience, while the spacious backyard beckons for outdoor enjoyment. Located near Business 85 and HWY 52 with an array of restaurants and grocery stores nearby, this home offers both convenience and charm. Plus, with a nearby road widening project in progress, this area is poised for growth and improvement. Don't miss out—seller is a licensed North Carolina broker. Don't miss your chance to own this turnkey treasure.

Last Agent to Sell the Property

Lane Young

Express Home Realty License #186677 Listed on: 03/29/2024

Last Buyer's Agent

Phyllis Walker

Real Broker LLC License #326953

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $819

Year Built

  • Built in 1955

Lot Details

  • 0.27 Acre Lot
  • Property is zoned TN

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 63-65
  • Assessor Parcel Number 1101200000063
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$819

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2703
  • Subdivision Name: None
  • Directions: From Lexington: Head northeast on S. Main St. toward E. Center St. Turn left onto NC-8 N/W M.L.K. Jr. Blvd. Turn right onto Spring Dr. The house is on the left.
  • Above Grade Finished Sq Ft: 1054
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1054
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1101200000063
  • Zoning: TN
  • TRIADMLS_PricePerAcre: 699223.0855
  • TRIADMLS_PlatPage: 21
  • TRIADMLS_DeedPage: 972
  • TRIADMLS_DeedBook: 2639
  • TRIADMLS_PlatBook: 5
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 819.15
  • Tax Lot: 63-65
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 2, 2024
Sold by
South Shore Rentals Llc
Bought by
Lockhart Kelsie
Seller's Agent
Lane Young
Express Home Realty
Buyer's Agent
Phyllis Walker
Real Broker LLC
List Price
$189,000
Sold Price
$189,000
Views
67
Current Estimated Value
$166,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,995
Avg. Annual Appreciation
-9.71%
Original Mortgage
$47,250
Outstanding Balance
$46,664
Interest Rate
6.79%
Estimated Equity
$119,341

Purchase Details

Listed on
Feb 19, 2024
Closed on
Feb 23, 2024
Sold by
Dcm Lexington Llc
Bought by
South Shore Rentals Llc
Seller's Agent
Brian Huckabee
Home Star Realty
Buyer's Agent
Lane Young
Express Home Realty
List Price
$80,000
Sold Price
$67,200
Premium/Discount to List
-$12,800
-16%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23001.75%
Original Mortgage
$250,000
Interest Rate
6.61%

Purchase Details

Closed on
Dec 20, 2023
Sold by
Standell Corporation
Bought by
Dcm Lexington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.61%

Purchase Details

Closed on
Sep 11, 2003
Bought by
Standell Corporation
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
Lockhart Kelsie $189,000 None Listed On Document
South Shore Rentals Llc $67,500 None Listed On Document
Dcm Lexington Llc $1,400,000 None Listed On Document
Standell Corporation $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Kelsie $47,250
Open Lockhart Kelsie $132,900
Previous Owner Dcm Lexington Llc $250,000
Previous Owner Dcm Lexington Llc $950,000
Previous Owner Dcm Lexington Llc $250,000
Previous Owner Dcm Lexington Llc $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $189,000 0.0% $210 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $189,000 -- $210 / 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 $813 $62,530 $0 $0
2023 $813 $62,530 $0 $0
2022 $813 $62,530 $0 $0
2021 $813 $62,530 $0 $0
2020 $552 $42,790 $0 $0
2019 $561 $42,790 $0 $0
2018 $561 $42,790 $0 $0
2017 $561 $42,790 $0 $0
2016 $561 $42,790 $0 $0
2015 $539 $42,790 $0 $0
2014 $560 $44,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1137653

Triad MLS

APN: 11-012-0-000-0063-0-0-0