NOT LISTED FOR SALE

1220 Cid Rd Lexington, NC 27292

Estimated Value: $182,000 - $193,556

3 Beds
1 Bath
1,600 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $140,000 $88 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,047/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Outdoor Storage
  • Attic
  • Porch
  • Forced Air Heating System

About This Home

As of May 2023

Please bring your highest and best offer by Saturday 2/25 @ 5 pm as we are in multiple offers. If you've been dreaming of a nice, big lot in the country or you're an investor looking for a place to turn into a dream home, do not miss this opportunity! This 3 Br, 1 Ba home sits on a 2.6-acre lot with a storage building and plenty of space for gardening, expanding, or anything you can imagine! A concrete slab has already been poured and is ready for an oversized garage/workshop with electricity. Just add your touch and some TLC, and this will be a charmer! Priced to sell, AS-IS.

Last Agent to Sell the Property

Jennifer Moore

Howard Hanna Allen Tate High Point License #288028 Listed on: 02/22/2023

Howard Hanna Allen Tate High Point

Co-Listed By

Randall Allred

Howard Hanna Allen Tate Summerfield License #282875

Last Buyer's Agent

Wendy Hill

Hepler Realty License #291088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $595

Year Built

  • Built in 1927

Lot Details

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

Home Design

  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1,200-1,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Free-Standing Range
  • Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 0701600000045
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$595

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.26
  • Co List Office Mls Id: GATC08
  • Co List Office Phone: 336-485-1881
  • Subdivision Name: None
  • Directions: From NC-109 S toward Denton. Turn left onto Cid Rd. Home is on the right.
  • Above Grade Finished Sq Ft: 1440
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1927
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1440
  • Main Level Bathrooms: 1
  • Attic Description: Partially Floored
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0701600000045
  • Zoning: RA2
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 594.75
  • Tax Lot: 45
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 27, 2023
Sold by
Ridings Melissa Ann and Ridings Joanna
Bought by
Small Dillon D
Seller's Agent
Jennifer Moore
Howard Hanna Allen Tate High Point
Buyer's Agent
Wendy Hill
Hepler Realty
List Price
$130,000
Sold Price
$140,000
Premium/Discount to List
$10,000
7.69%
Views
49
Current Estimated Value
$187,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,389
Avg. Annual Appreciation
12.42%
Original Mortgage
$142,000
Outstanding Balance
$137,285
Interest Rate
5.4%
Mortgage Type
New Conventional
Estimated Equity
$50,104

Purchase Details

Closed on
Aug 28, 2003
Sold by
Ridings Linda L
Bought by
Ridings Leon James

Purchase Details

Closed on
Feb 1, 1990

Purchase Details

Closed on
Oct 1, 1985
Source: Public Records

Range of Values:

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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
Small Dillon D $140,000 None Listed On Document
Small Dillon D $140,000 None Listed On Document
Ridings Leon James -- --
-- -- --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Small Dillon D $142,000
Closed Small Dillon D $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $140,000 +7.7% $117 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $130,000 -- $108 / 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 $727 $110,140 $0 $0
2024 $705 $110,140 $0 $0
2023 $569 $88,870 $0 $0
2022 $586 $91,500 $0 $0
2021 $586 $91,500 $0 $0
2020 $533 $83,310 $0 $0
2019 $544 $83,720 $0 $0
2018 $544 $83,720 $0 $0
2017 $544 $83,720 $0 $0
2016 $544 $83,720 $0 $0
2015 $544 $83,720 $0 $0
2014 $444 $68,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1097357

Triad MLS

APN: 07-016-0-000-0045-0-0-0