NOT LISTED FOR SALE

10545 Nc Highway 8 Lexington, NC 27292

Estimated Value: $476,105

-- Bed
1 Bath
-- Sq Ft
0.85 Acres

Last Sold December 01, 2020

Last sale price $420,000

Est. 13% increase in value since last sale

Current estimated payment $2,772/month

216 Days on Market

About This Home

As of December 2020

Great investment property on highly traveled NC Highway 8 at High Rock Lake. Previously used as restaurant, but potential of other uses because of Highway Commercial zoning. Remodeled in 2014, approved for 91 seats in main dining with addtional adjoining room with private entrance which is great for private dining or separate entity. All equipment is negotiable except for lease of dishwasher. Pepsi, Coffee & ATM machines. Adjoining vacant lot included. Potential of 3000 sq. ft. bldg. per survey.

Last Agent to Sell the Property

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325 Listed on: 04/14/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1930

Lot Details

  • Cleared Lot
  • Property is zoned HC

Community Details

  • No Home Owners Association
  • 5,334 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 06034B1020011

Property Details

Property Type

Other

Est. Annual Taxes

$2,559

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Commercial
  • Business Type: Remarks
  • Directions: Hwy 8 South. Property on left across from ball field and post office in Southmont.
  • Year Built: 1930
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Exterior Features

  • Lot Features: Cleared

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • TRIADMLS_ElectricMeter: Owner
  • Gas Company: Available: On-Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 06034B1020011
  • Zoning: HC
  • TRIADMLS_DeedPage: 1783
  • TRIADMLS_DeedBook: 2037
  • TRIADMLS_AcresRange: -

Rental Info

  • TRIADMLS_InsurancePaidBy: Owner

Tax Info

  • Tax Annual Amount: 2559

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Ramirez Gregorio Marquina
Bought by
Ramirez Gregorio Marquina and Campos Evelia Vergara
Current Estimated Value
$476,105

Purchase Details

Closed on
Nov 23, 2011
Sold by
Wright Denzil W and Wright Kimberly
Bought by
Everhart Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 2004

Purchase Details

Closed on
Oct 3, 2000
Bought by
Wright Denzil W

Purchase Details

Closed on
Aug 25, 2000
Bought by
Wright Denzil W
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
Ramirez Gregorio Marquina -- None Listed On Document
Ramirez Gregorio Marquina -- None Listed On Document
Ramirez Gregorio Marquino $420,000 None Listed On Document
Ramirez Gregorio Marquino $420,000 None Listed On Document
Everhart Investments Llc $340,000 None Available
-- -- --
Wright Denzil W $40,000 --
Wright Denzil W $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Everhart Investments Llc $280,000
Previous Owner Everhart Investments Llc $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $420,000 -5.4% --
11/17/2020 11/17/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $444,000 -- --
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 $2,372 $359,460 $0 $0
2023 $2,372 $359,460 $0 $0
2022 $2,372 $359,460 $0 $0
2021 $2,266 $359,460 $0 $0
2020 $2,522 $399,990 $0 $0
2019 $2,560 $399,990 $0 $0
2018 $2,500 $399,990 $0 $0
2017 $2,500 $399,990 $0 $0
2016 $2,500 $399,990 $0 $0
2015 $2,098 $335,600 $0 $0
2014 $1,784 $285,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 972753

Triad MLS

APN: 06-034-B-102-0011-0-0-0