NOT LISTED FOR SALE

1194 Palmer Rd Lexington, NC 27292

Estimated Value: $174,000 - $253,000

3 Beds
1 Bath
1,200 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $128,000 $107 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,155/month

97 Days on Market

Highlights

  • Attic
  • Attached Carport
  • Central Air
  • No HOA
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of March 2021

Great ranch home with many recent updates. Heat pump is 2.5 years old, windows & slider doors on back are 3 years old, roof is 5-6 years old, water heater is 4-5 years old, gutter guards new in 2019, vinyl flooring replaced 3 years ago. Rebath updated the bathroom and warranty is transferrable. Refrigerator remains.

Last Agent to Sell the Property

Patricia Arriaga

Carolina Home Partners by eXp Realty License #268100 Listed on: 10/13/2020

Carolina Home Partners by eXp Realty

Co-Listed By

Bethany Chavis

Carolina Home Partners by eXp Realty License #219114

Last Buyer's Agent

Kim Simmons

Hillcrest Realty Group License #190276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1980

Lot Details

  • 0.6 Acre Lot
  • Fenced
  • Property is zoned RA2

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,055 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 15027A0000003000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: x
  • Co List Office Mls Id: GNHGR01
  • Co List Office Phone: 336-369-0465
  • Subdivision Name: None
  • Directions: From NC-47 continue onto Parks Rd. Turn right on Palmer Rd. House is on the left.
  • Above Grade Finished Sq Ft: 1055
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1980
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Remarks, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1055
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 15027A0000003000
  • Zoning: RA2
  • TRIADMLS_PlatPage: 45
  • TRIADMLS_PlatBook: 17
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 450
  • Tax Lot: 3
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Mar 3, 2021
Sold by
Graham Lori I and Graham Robert
Bought by
Mcfadden Jacob Thomas and Stoops Allissa Pearl
Seller's Agent
Patricia Arriaga
Carolina Home Partners by eXp Realty
Buyer's Agent
Kim Simmons
Hillcrest Realty Group
Sold Price
$128,000
Current Estimated Value
$210,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,124
Avg. Annual Appreciation
11.22%
Original Mortgage
$130,000
Outstanding Balance
$119,562
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$90,562

Purchase Details

Closed on
Sep 23, 1999
Sold by
Bean Lori I
Bought by
Graham Lori I

Purchase Details

Closed on
May 1, 1990

Purchase Details

Closed on
Jul 1, 1981

Purchase Details

Closed on
Jul 1, 1980
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
Mcfadden Jacob Thomas $128,000 None Available
Mcfadden Jacob Thomas $128,000 None Listed On Document
Graham Lori I -- --
-- $3,500 --
-- $34,000 --
-- $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Jacob Thomas $130,000
Closed Mcfadden Jacob Thomas $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $128,000 -- $142 / 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 $630 $95,490 $0 $0
2024 $630 $95,490 $0 $0
2023 $630 $95,490 $0 $0
2022 $630 $95,490 $0 $0
2021 $575 $91,170 $0 $0
2020 $450 $71,330 $0 $0
2019 $457 $71,330 $0 $0
2018 $446 $71,330 $0 $0
2017 $446 $71,330 $0 $0
2016 $425 $67,920 $0 $0
2015 $425 $67,920 $0 $0
2014 $500 $79,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 997726

Triad MLS

APN: 15-027-A-000-0003-0-0-0