NOT LISTED FOR SALE

121 Park Cir Lexington, NC 27295

Estimated Value: $103,000 - $116,000

2 Beds
1 Bath
834 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $39,000 $47 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $619/month

53 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Porch
  • Attic
  • Cottage
  • Level Lot

About This Home

As of October 2012

Cozy Home in Historic Erlanger Mill Village.Completely remodeled inside & out w/preserved historic new community. Park is just steps away.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 1913

Lot Details

  • Lot Dimensions are 59x29x74x74x92
  • Level Lot
  • Property is zoned TN

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 834 Sq Ft Home
  • Property has 1 Level
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Erlanger Mills Inc Sec 04 Subdivision

Listing and Financial Details

  • Legal Lot and Block 0310 / 004
  • Assessor Parcel Number 1101400040310
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 59x29x74x74x92
  • Subdivision Name: Erlanger Mills Inc Sec 04
  • Directions: From W-S Hwy 52 south, to Hwy 8 south, Right on 10th street, Right on Park Circle
  • Above Grade Finished Sq Ft: 834
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1913
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 834
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dryer Connection, Smoke Alarm, Washer Connection
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 834
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Porch
  • Fencing: None
  • Lot Features: City Lot, Historic District, Level
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 1101400040310
  • Zoning: TN
  • TRIADMLS_PlatPage: 96
  • TRIADMLS_PlatBook: 8

Tax Info

  • Tax Block: 004
  • Tax Lot: 0310
  • Tax Map Number: 014
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Oct 11, 2012
Sold by
Lexington Housing Community Development
Bought by
Ballew James A
List Price
$49,900
Sold Price
$39,000
Premium/Discount to List
-$10,900
-21.84%
Current Estimated Value
$108,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,247
Avg. Annual Appreciation
8.14%
Original Mortgage
$26,000
Outstanding Balance
$4,511
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$103,736

Purchase Details

Closed on
Mar 3, 2008
Sold by
Callicutt Bobby R and Callicutt Betty B
Bought by
Lexington Housing Community Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,547
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1983
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
Ballew James A $39,000 None Available
Lexington Housing Community Development $115,000 None Available
-- $9,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballew James A $26,000
Previous Owner Lexington Housing Community Development $196,547
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $39,000 -21.8% $47 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $49,900 -- $60 / 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 $618 $47,510 $0 $0
2024 -- $47,510 $0 $0
2023 $6 $47,510 $0 $0
2022 $618 $47,510 $0 $0
2021 $618 $47,510 $0 $0
2020 $556 $43,070 $0 $0
2019 $564 $43,070 $0 $0
2018 $599 $45,690 $0 $0
2017 $599 $45,690 $0 $0
2016 $599 $45,690 $0 $0
2015 $576 $45,690 $0 $0
2014 $659 $52,270 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 647379

Triad MLS

APN: 11-014-0-004-0310-0-0-0