NOT LISTED FOR SALE

1113 Smith Farm Rd Lexington, NC 27292

Estimated Value: $138,000 - $246,000

2 Beds
1 Bath
1,076 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $27,400 $25 Per Sq Ft

Est. 644% increase in value since last sale

Current estimated payment $1,124/month

31 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2013

This is an Fannie Mae Homepath Property! 2/1 bungalow in rural setting. Large lot, front porch, rear stoop. Cosmetic and repair issues exist. See agent only for important disclosure. Seller requires that all offers be presented on line at homepath( )com See agent only for & attachment for instructions.

Last Agent to Sell the Property

Brant Harris

CENTRAL CAROLINA REALTY & DEV. License #209582 Listed on: 07/08/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1961

Lot Details

  • 2.5 Acre Lot
  • Property is zoned RA1

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,076 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0501400000008000
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$300

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Directions: South on 85, Exit Hwy 64, head East, turn left onto Smith Farm
  • Above Grade Finished Sq Ft: 1076
  • Unit Levels: One
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1076
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Living Area: 1076
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: See Remarks, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Remarks
  • Heating: Forced Air, See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0501400000008000
  • Zoning: RA1

Tax Info

  • Tax Annual Amount: 300.05
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.0036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 16, 2013
Sold by
Federal National Mortage Assn
Bought by
Brock Vance Spencer
Seller's Agent
Brant Harris
CENTRAL CAROLINA REALTY & DEV.
List Price
$23,000
Sold Price
$27,400
Premium/Discount to List
$4,400
19.13%
Current Estimated Value
$203,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,393
Avg. Annual Appreciation
17.89%

Purchase Details

Closed on
Apr 26, 2013
Sold by
Sechrest Sherrill B and Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2001
Bought by
Sechrest Sherrill Brown
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
Brock Vance Spencer -- None Available
Federal National Mortgage Association $88,225 None Available
Sechrest Sherrill Brown -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2013 08/21/13 Sold $27,400 +19.1% $25 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $23,000 -- $21 / 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 $700 $111,110 $0 $0
2024 $700 $111,110 $0 $0
2023 $700 $111,110 $0 $0
2022 $700 $111,110 $0 $0
2021 $679 $111,110 $0 $0
2020 $568 $92,980 $0 $0
2019 $540 $87,070 $0 $0
2018 $540 $87,070 $0 $0
2017 $540 $87,070 $0 $0
2016 $540 $87,070 $0 $0
2015 $540 $87,070 $0 $0
2014 $517 $83,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 678353

Triad MLS

APN: 05-014-0-000-0008-0-0-0