NOT LISTED FOR SALE

108 W 7th St Lexington, NC 27295

Estimated Value: $116,000 - $139,215

2 Beds
1 Bath
1,000 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $120,000 $120 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $760/month

41 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Central Air
  • No HOA
  • Tile Flooring

About This Home

As of March 2023

SEE AGENT REMARKS. Cute remodeled home in the heart of Lexington, close to shopping, dining and entertainment. This home boasts a new HVAC, porch, countertops, cabinets, flooring, tiled bathroom and fresh paint. Don't miss out, it would make a perfect starter home!

Last Agent to Sell the Property

Marisol Renteria Hernandez

Real Broker LLC License #307789 Listed on: 01/11/2023

Real Broker LLC

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $394

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot
  • Cleared Lot
  • Property is zoned TN

Home Design

  • Vinyl Siding

Interior Spaces

  • 900 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Erlanger Mills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1101500030254000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$394

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: Erlanger Mills
  • Directions: GPS: 108 W 7th St Ext Lexington, NC From 52 Take Exit 92m left on 8 Old US Highway, Right on W 10th St, Left on Mill St, Right on W 7th St Ext, House is on left
  • Above Grade Finished Sq Ft: 900
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1910
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate, Tile
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 900
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Corner Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • 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: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 1101500030254000
  • Zoning: TN
  • TRIADMLS_PricePerAcre: 600000
  • TRIADMLS_DeedPage: 1858
  • TRIADMLS_DeedBook: 2540
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 394
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.7483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Mar 17, 2023
Sold by
Cuadra Cesar D and Cuadra Ariela Maria
Bought by
Nunez-Perez Martin J
Seller's Agent
Marisol Renteria Hernandez
Real Broker LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$126,900
Sold Price
$120,000
Premium/Discount to List
-$6,900
-5.44%
Views
208
Current Estimated Value
$129,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,054
Avg. Annual Appreciation
2.85%
Original Mortgage
$113,960
Outstanding Balance
$110,614
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$18,440

Purchase Details

Closed on
Apr 4, 2022
Sold by
Alvarenga Luna Rosa M
Bought by
Cuadra Cesar D and Benavides Jose L

Purchase Details

Closed on
Feb 23, 2021
Sold by
Guerrero Brothers Precast Llc
Bought by
Luna Rosa M Alvarenga and Enrique Gonzalez Platero Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2020
Sold by
Vanzant Shirley Elaine
Bought by
Guerrero Brothers Precast Llc

Purchase Details

Closed on
Dec 3, 1987
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nunez-Perez Martin J $120,000 --
Cuadra Cesar D $21,000 --
Luna Rosa M Alvarenga $23,000 None Available
Guerrero Brothers Precast Llc $15,000 Chicago Title Insurance Co
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez-Perez Martin J $113,960
Previous Owner Luna Rosa M Alvarenga $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $120,000 +4.4% $150 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $114,900 -9.5% $144 / Sq Ft
01/11/2023 01/11/23 For Sale $126,900 -- $159 / 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 $994 $76,430 $0 $0
2024 $994 $76,430 $0 $0
2023 $394 $30,290 $0 $0
2022 $394 $30,290 $0 $0
2021 $394 $30,290 $0 $0
2020 $332 $25,730 $0 $0
2019 $337 $25,730 $0 $0
2018 $337 $25,730 $0 $0
2017 $337 $25,730 $0 $0
2016 $337 $25,730 $0 $0
2015 $324 $25,730 $0 $0
2014 $374 $29,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 1093655

Triad MLS

APN: 11-015-0-003-0254-0-0-0