NOT LISTED FOR SALE

122 Tannin Way Lexington, NC 27295

Estimated Value: $320,000 - $358,000

5 Beds
3 Baths
2,900 Sq Ft
$116/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $179,900 $62 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,046/month

159 Days on Market

Highlights

  • Community Pool
  • Kitchen Island
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of November 2016

LOTS OF SPACE in this lovely & modern 5BR, 3BA home beautifully designed w/Stone Trim in The Vineyards at Lexington.Spacious Rooms,STUNNING Dining Rm w/Wainscoting,Gas Logs+Surround Sound Hookups in HUGE Lvg Rm,HUGE Master Suite+Bath w/Jetted Tub+SOARING Vaulted Ceilings,Spacious Laundry Rm,Screened Back Patio,Storage Bldg,Paved Drive,2 Car Garage/Kitchen Island w/Bar Stools/Pantry+Range/Fridge Stays,Sec Sys,Lots of Closets/Storage,Neighborhood Pool,Low HOA's,10 minutes from High Rock Lake!PRICED RIGHT!

Last Agent to Sell the Property

Donna Hughes

Top Dog Realty NC-South License #179267 Listed on: 04/21/2016

Last Buyer's Agent

Arlene Rouse

Village Realty License #262338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 67 x 127 x 63 x 133
  • Property is zoned TN

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,700 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • Kitchen Island
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 11331H0000011000
  • 1% Total Tax Rate

Community Details

Overview

  • Property has a Home Owners Association
  • The Vineyards At Lexington Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 67 x 127 x 63 x 133
  • Subdivision Name: The Vineyards At Lexington
  • Directions: From Downtown Lexington, take Hwy. 64 toward Mocksville. Before you get to Hwy. 52/Childress Vineyards, turn right onto Forest Hill. Left on Vineyard, right on Tannin Way. Home on right.
  • Above Grade Finished Sq Ft: 2700
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2008
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: SPACIOUS 5BR, 3BA home in lovely Neighborhood,Wainscoting in Dining Rm,HUGE Lvg Rm w/Surround Sound Hookups+Gas Logs,Kitchen w/Island+Pantry,ENORMOUS Master Suite+Bath w/Vaulted Ceilings,Laundry Rm,2 Car Garage,Screened Patio,Low HOA's,Neighborhood POOL!
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Separate Shower
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 2700
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: Community
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 11331H0000011000
  • Zoning: TN
  • TRIADMLS_DeedPage: 2057
  • TRIADMLS_DeedBook: 2169
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 2468
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Wick Ryan E and Wick Katie M
Bought by
Wick Ryan E and Wick Katie M
Current Estimated Value
$336,878

Purchase Details

Listed on
Apr 21, 2016
Closed on
Nov 17, 2016
Sold by
Fortney Michael A and Howe Elaine C
Bought by
Wick Ryan E
Seller's Agent
Donna Hughes
Top Dog Realty NC-South
Buyer's Agent
Arlene Rouse
Village Realty
List Price
$184,500
Sold Price
$179,900
Premium/Discount to List
-$4,600
-2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$179,900
Outstanding Balance
$144,429
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$192,450

Purchase Details

Listed on
Mar 25, 2014
Closed on
Feb 5, 2015
Sold by
Fortney Michael A and Howe Elaine C
Bought by
Fortney Michael A and Howe Elaine C
Seller's Agent
Leslie Gough
ERA Live Moore
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.02%
Original Mortgage
$186,558
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 25, 2014
Closed on
Feb 4, 2015
Sold by
Cox William Damon and Cox Kirsten Swanson
Bought by
Fortney Michael and Howe Elaine
Seller's Agent
Leslie Gough
ERA Live Moore
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2008
Sold by
Eastwood Construction Co Inc
Bought by
Cox William Damon and Cox Kirsten Swanson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,180
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Wick Ryan E -- None Available
Wick Ryan E $180,000 None Available
Fortney Michael A -- None Available
Fortney Michael $190,000 None Available
Cox William Damon $240,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wick Ryan E $179,900
Previous Owner Fortney Michael $186,558
Previous Owner Cox William Damon $192,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2016 11/17/16 Sold $179,900 -2.5% $75 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $184,500 -2.9% $77 / Sq Ft
02/05/2015 02/05/15 Sold $190,000 -2.6% $70 / Sq Ft View Prior Sale
12/05/2014 12/05/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $195,000 -- $72 / 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 $3,180 $244,630 $0 $0
2024 $3,180 $244,630 $0 $0
2023 $3,180 $244,630 $0 $0
2022 $3,180 $244,630 $0 $0
2021 $3,180 $244,630 $0 $0
2020 $2,554 $197,910 $0 $0
2019 $2,593 $197,910 $0 $0
2018 $2,566 $195,910 $0 $0
2017 $2,566 $195,910 $0 $0
2016 $2,566 $195,910 $0 $0
2015 $2,468 $195,910 $0 $0
2014 $2,995 $237,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 792311

Triad MLS

APN: 11-331-H-000-0011-0-0-0