NOT LISTED FOR SALE

1172 Old Nc Highway 109 Lexington, NC 27292

Estimated Value: $127,000 - $194,187

3 Beds
2 Baths
2,200 Sq Ft
$72/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $120,000 $55 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $900/month

124 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Attic
  • Porch
  • Outdoor Storage

About This Home

As of February 2023

Great opportunity to own a charming home with lots of character combined with smart house updates. New 40 year architectural shingle roof installed in 2021. All on almost 3 acres of land! Upstairs has the potential to be a spacious primary suite with a bedroom, loft, and bathroom. Older home so no closets in bedrooms. Enjoy all the charm at a great price you won’t want to miss! Schedule your showing today.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 09/28/2022

Keller Williams Realty Elite

Co-Listed By

Heidi Christie

Coldwell Banker Advantage License #289354

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1924

Lot Details

  • 2.85 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RA2

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 2,071 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • South Middle School
  • South High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07002A0000001000
  • Tax Block 0.6500
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.85
  • Co List Office Mls Id: WKWRE01
  • Co List Office Phone: 336-283-8691
  • Subdivision Name: None
  • Directions: From Lexington: Take US 64 East to NC Hwy 109. Turn right onto Old Hwy 109. Destination will be on your right after 1 mile. From Thomasville: Take NC Hwy 109 South. Turn right onto Old Hwy 109. Destination will be on your right after 1 mile.
  • Above Grade Finished Sq Ft: 2071
  • Architectural Style: Bungalow
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1924
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Cellar
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2071
  • Main Level Bathrooms: 1
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Level, Sloped
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Silver Valley
  • High School: South
  • Middle Or Junior School: South

Lot Info

  • Parcel #: 07002A0000001000
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 42105.2632
  • TRIADMLS_DeedPage: 714-718
  • TRIADMLS_DeedBook: 2458
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 561.41
  • Tax Block: 0.6500
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Feb 24, 2023
Sold by
Boyd Richard Lee
Bought by
Jtr Painting Llc
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%
Views
326
Current Estimated Value
$159,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,297
Avg. Annual Appreciation
11.15%

Purchase Details

Closed on
Mar 26, 2020
Sold by
Hughes Virgie
Bought by
Boyd Richard Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
2.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Jtr Painting Llc $120,000 --
Boyd Richard Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Richard Lee $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $120,000 -7.6% $67 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $129,900 0.0% $72 / Sq Ft
01/23/2023 01/23/23 For Sale $129,900 -3.8% $72 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $135,000 -9.9% $75 / Sq Ft
09/28/2022 09/28/22 For Sale $149,900 -- $83 / 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 $792 $119,950 $0 $0
2024 $768 $119,950 $0 $0
2023 $561 $86,370 $0 $0
2022 $553 $86,370 $0 $0
2021 $648 $101,240 $0 $0
2020 $617 $96,430 $0 $0
2019 $627 $96,430 $0 $0
2018 $627 $96,430 $0 $0
2017 $627 $96,430 $0 $0
2016 $627 $96,430 $0 $0
2015 $627 $96,430 $0 $0
2014 $551 $84,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1084958

Triad MLS

APN: 07-002-A-000-0001-0-0-0