NOT LISTED FOR SALE

110 W 5th Ave Lexington, NC 27292

Estimated Value: $253,251 - $411,000

4 Beds
2 Baths
3,400 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 06, 2017

Last sale price $35,000 $10 Per Sq Ft

Est. 838% increase in value since last sale

Current estimated payment $1,964/month

453 Days on Market

Highlights

  • Dining Room with Fireplace
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Porch

About This Home

As of December 2017

Beautiful 4 bedroom property. This home gives the purchaser plenty of open space to decorate the home to their liking. As many as 3 fireplaces featured throughout. Property has rich character; waiting for a family to take it off the market. CASE# 381-952585 (UI) Sold AS IS/owned by US Dept. of HUD. Seller makes no representations or warranties as to property condition. Pre-1978 properties MUST include LBP Notices. EHO. Seller may contribute up to 3% for closing costs, upon request. Subject to Appraisal.

Last Agent to Sell the Property

Tara Tillman

WESTCHESTER REALTY License #219504 Listed on: 07/26/2016

Last Buyer's Agent

Nathan Hepler

Hepler Realty License #243597

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned TN

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,208 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Wood Flooring

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11111000B0006
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Subdivision Name: None
  • Directions: R onto Guilford College Rd. Continue onto Vickery Chapel Rd. R onto the Interstate 85 Business S/US 29 S/US 70 W ramp. Merge onto I-85BL S/US-29 S/US-70 W. L onto N Main St. R onto W 5th Ave. Destination will be on the right.
  • Above Grade Finished Sq Ft: 3208
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1915
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Living Room, Primary Bedroom
  • Fireplaces: 3
  • Living Area: 3208
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • 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 #: 11111000B0006
  • Zoning: TN
  • TRIADMLS_PricePerAcre: 268260.8696
  • TRIADMLS_DeedPage: 541
  • TRIADMLS_DeedBook: 2154
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1168
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Phelps Christopher A
Bought by
Mendez Jorge Reyes
Current Estimated Value
$328,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.99%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 26, 2016
Closed on
Dec 1, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Phelps Christopher A
Seller's Agent
Tara Tillman
WESTCHESTER REALTY
Buyer's Agent
Nathan Hepler
Hepler Realty
List Price
$90,000
Sold Price
$35,000
Premium/Discount to List
-$55,000
-61.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.93%

Purchase Details

Closed on
Sep 3, 2014
Sold by
Bailey Sadie Ann and Bailey Ethel Marie
Bought by
The Secretary Of Hud

Purchase Details

Closed on
May 22, 1943
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
Mendez Jorge Reyes $80,000 Brinkley Walser Stoner Pllc
Phelps Christopher A -- None Available
The Secretary Of Hud $136,690 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Jorge Reyes $70,000
Previous Owner Bailey Sadie Ann $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2017 12/06/17 Sold $35,000 -61.1% $13 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
07/26/2016 07/26/16 For Sale $90,000 -- $32 / 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 $2,132 $164,010 $0 $0
2023 $2,149 $164,010 $0 $0
2022 $2,132 $164,010 $0 $0
2021 $2,132 $164,010 $0 $0
2020 $1,197 $92,730 $0 $0
2019 $1,215 $92,730 $0 $0
2018 $1,215 $92,730 $0 $0
2017 $1,215 $92,730 $0 $0
2016 $1,215 $92,730 $0 $0
2015 $1,168 $92,730 $0 $0
2014 $609 $93,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 802636

Triad MLS

APN: 11-111-0-00B-0005-0-0-0