NOT LISTED FOR SALE

10421 Linwood Southmont Rd Lexington, NC 27292

Estimated Value: $184,000 - $296,000

2 Beds
1 Bath
1,020 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $38,000 $37 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $1,393/month

87 Days on Market

Highlights

  • Attic
  • Porch
  • Carpet
  • No HOA

About This Home

As of January 2012

Cute starter home! Screen porch, white picket fence, Just needs a little TLC. This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Approved for HomePath Mortgage Financing. Owner Occupants incentive until 10/31 - Fannie Mae will pay 3.5% in closing costs. RE Addendum and Pre qual letter requested. Attachment in MLS. See Agent Only Remarks.

Last Agent to Sell the Property

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266 Listed on: 07/11/2011

Banner Team Properties Brokered by EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1993

Lot Details

  • 0.52 Acre Lot
  • Property is zoned RS

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 1 Level
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • George G Barnes Prop Subdivision

Listing and Financial Details

  • Legal Lot and Block 8W / 2
  • Assessor Parcel Number 0602700000008W00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Subdivision Name: George G Barnes Prop
  • Directions: From I-85, Linwood exit, South on Linwood Southmont approx. 6 miles, home on left after bridge
  • Above Grade Finished Sq Ft: 1020
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1020
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1020
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 0602700000008W00
  • Zoning: RS
  • TRIADMLS_DeedPage: 1895
  • TRIADMLS_DeedBook: 1797

Tax Info

  • Tax Annual Amount: 499.87
  • Tax Block: 2
  • Tax Lot: 8W
  • Tax Map Number: 027
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 0.625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Lambeth Barnes Vennethl
Bought by
Vonnette L Barnes Revocable Trust
Current Estimated Value
$244,192

Purchase Details

Closed on
Jun 9, 2017
Sold by
Jarvis Jonathan and Jarvis Amy H
Bought by
Jarvis David F

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
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 11, 2011
Closed on
Nov 17, 2011
Sold by
Federal National Mortgage Association
Bought by
Javis Joanthan and Javis Amy H
Seller's Agent
Jerri Banner
Banner Team Properties Brokered by EXP Realty
List Price
$76,000
Sold Price
$38,000
Premium/Discount to List
-$38,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$30,400
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2011
Sold by
Reinhart Wilfred D and Reinhart Cheryl
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2007
Sold by
Moore Kathleen R
Bought by
Reinhart Wilfred D and Reinhart Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 1997

Purchase Details

Closed on
Oct 1, 1993
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
Vonnette L Barnes Revocable Trust -- None Listed On Document
Jarvis David F $13,000 None Available
Javis Joanthan -- None Available
Federal National Mortgage Association $86,916 None Available
Reinhart Wilfred D $86,000 None Available
-- $60,000 --
-- $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jarvis David F $80,000
Previous Owner Jarvis David F $50,000
Previous Owner Javis Joanthan $30,400
Previous Owner Reinhart Wilfred D $81,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2012 01/13/12 Sold $38,000 -50.0% $37 / Sq Ft
10/07/2011 10/07/11 Pending -- -- --
07/11/2011 07/11/11 For Sale $76,000 -- $75 / 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 $750 $138,690 $0 $0
2023 $710 $132,570 $0 $0
2022 $710 $132,570 $0 $0
2021 $678 $107,570 $0 $0
2020 $548 $86,950 $0 $0
2019 $556 $86,950 $0 $0
2018 $539 $86,240 $0 $0
2017 $539 $86,240 $0 $0
2016 $539 $86,240 $0 $0
2015 $539 $86,240 $0 $0
2014 $500 $79,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 617661

Triad MLS

APN: 06-027-0-000-0008-W-0-0