NOT LISTED FOR SALE

1130 Fairview Dr Lexington, NC 27292

Estimated Value: $497,000 - $609,180

3 Beds
3 Baths
3,500 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $500,000 $143 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,427/month

154 Days on Market

Highlights

  • 7.52 Acre Lot
  • No HOA
  • Central Air
  • Dining Room with Fireplace
  • Attached Carport
  • 2 Car Garage

About This Home

As of December 2022

Hard to find a brick home sitting on just over 7 acres of peace and quiet!!! Fully renovated left better than new but kept some of its original charm. Spacious kitchen with massive kitchen island. Beautifully tiled bathrooms! Various chimneys throughout the home creating a cozy and relaxing environment! Outdoor spaces with pergola are perfect for hosting and or relaxing. The property is very private but is in close proximity to main roads, dining, shopping, and entertainment. You must see this one for yourself!

Last Agent to Sell the Property

Alejandro Grundseth

Alemay Realty Inc. License #236820 Listed on: 05/26/2022

Last Buyer's Agent

Jayne Helms

Re/Max Leading Edge License #217044

Re/Max Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1940

Lot Details

  • 7.52 Acre Lot
  • Lot Dimensions are 398 x 761 x 402 x 757
  • Property is zoned SN

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,245 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1134100000005000
  • 5353% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 7.52
  • Lot Size: 398 x 761 x 402 x 757
  • Subdivision Name: None
  • Directions: N Talbert Blvd Turn left onto Fairview Dr
  • Above Grade Finished Sq Ft: 3245
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Dining Room, Living Room
  • Fireplaces: 4
  • Living Area: 3245
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1134100000005000
  • Zoning: SN
  • TRIADMLS_AcresRange: 7 - 8

Tax Info

  • Tax Annual Amount: 2021
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 5353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Dec 7, 2022
Sold by
Alvarado Nelson and Alvarado Lesbia Noemi
Bought by
Silbernagel Christopher John and Silbernagel Marla Jenkins
Seller's Agent
Alejandro Grundseth
Alemay Realty Inc.
Buyer's Agent
Jayne Helms
Re/Max Leading Edge
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Views
143
Current Estimated Value
$558,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,795
Avg. Annual Appreciation
3.60%
Original Mortgage
$400,000
Outstanding Balance
$383,035
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$175,760

Purchase Details

Closed on
May 24, 2021
Sold by
Gw Property Solutions Llc
Bought by
Alvarado Nelson and Quiterio Pedro Mendoza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silbernagel Christopher John $500,000 --
Alvarado Nelson $175,000 None Available
Cw Property Solutions Llc $155,000 None Available
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silbernagel Christopher John $400,000
Previous Owner Alvarado Nelson $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $500,000 -16.5% $172 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $599,000 -- $207 / 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 $6,298 $484,420 $0 $0
2024 $6,298 $484,420 $0 $0
2023 $6,298 $484,420 $0 $0
2022 $5,306 $408,100 $0 $0
2021 $5,353 $411,700 $0 $0
2020 $3,334 $258,390 $0 $0
2019 $3,319 $253,390 $0 $0
2018 $3,319 $253,390 $0 $0
2017 $3,319 $253,390 $0 $0
2016 $3,324 $253,730 $0 $0
2015 $3,197 $253,730 $0 $0
2014 $3,843 $304,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Grundseth

    Seller's Agent in 2022

    Alejandro Grundseth

    Alemay Realty Inc.

    (336) 423-6427

    9 in this area

    310 Total Sales

    Alejandro Grundseth
    Section Image
  • Jayne Helms

    Buyer's Agent in 2022

    Jayne Helms

    RE/MAX

    (704) 202-6676

    1 in this area

    360 Total Sales

    Jayne Helms
    Section Image
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Map

Source: Triad MLS

MLS Number: 1069466

Triad MLS

APN: 11-341-0-000-0005-0-0-0

North Carolina Davidson County Lexington 27292

1130 Fairview Dr, Lexington, NC

Not Listed for Sale

Detached

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