$243,000
SOLD MAR 14, 2025

125 Smith Ave Lexington, NC 27292

7 Beds
4 Baths
3,212 Sq Ft
0.86 Acres

Recently Sold

$76 Per Sq Ft

23% Below List Price

60 Days on Market

Highlights

  • 0.86 Acre Lot
  • No HOA
  • Baseboard Heating
  • Living Room with Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Great space on a large corner lot. With a little polish, this gem will shine! Huge living room and 7 bedrooms with 4 full baths. Great location, just minutes from downtown Lexington.

Last Agent to Sell the Property

Vic Ogburn

Jasper Investment Properties License #242655 Listed on: 12/13/2024

Last Buyer's Agent

Melinda Goforth

Goforth & Co Real Estate License #343555

Goforth & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,379

Year Built

  • Built in 1954

Lot Details

  • 0.86 Acre Lot
  • Property is zoned TN

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 3,212 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 7 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Carolina Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1115700000015000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,379

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.861
  • Subdivision Name: Carolina Heights
  • Directions: from I-85. Head N on Cotton Grove Rd, bear left on Fairview Dr. Left on Smith Ave. House on the Left
  • Above Grade Finished Sq Ft: 3212
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: No
  • Idx Status: Sold
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 3212
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1115700000015000
  • Zoning: TN

Tax Info

  • Tax Annual Amount: 2379
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Mar 11, 2025
Sold by
Vb Six Llc
Bought by
John 316 Properties Llc
Seller's Agent
Vic Ogburn
Jasper Investment Properties
Buyer's Agent
Melinda Goforth
Goforth & Co Real Estate
List Price
$314,900
Sold Price
$243,000
Premium/Discount to List
-$71,900
-22.83%
Views
302
Current Estimated Value
$263,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,411
Avg. Annual Appreciation
10.08%
Original Mortgage
$191,250
Outstanding Balance
$190,286
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$73,125

Purchase Details

Closed on
Aug 25, 2022
Sold by
Pn Rental I Llc
Bought by
Vb Six Llc

Purchase Details

Listed on
Feb 12, 2013
Closed on
Oct 23, 2013
Sold by
Conrex Residential Property Group 2012-2
Bought by
Conrex Keystone Residential Properties L
Seller's Agent
James Williamson
Leonard Ryden Burr Real Estate
List Price
$71,900
Sold Price
$55,000
Premium/Discount to List
-$16,900
-23.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%

Purchase Details

Listed on
Feb 12, 2013
Closed on
Aug 30, 2013
Sold by
Bayview Loan Servicing Llc
Bought by
Conrex Residential Property Group 2012 2
Seller's Agent
James Williamson
Leonard Ryden Burr Real Estate
List Price
$71,900
Sold Price
$55,000
Premium/Discount to List
-$16,900
-23.5%

Purchase Details

Closed on
Jul 9, 2012
Sold by
Cuanas Marcelino Alejo and Mendoza Alicia Valentin
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Sep 21, 2006
Sold by
Mortgage Electronic Registration Systems
Bought by
Cuanas Marcelino Alejo and Mendoza Alicia Valentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Bought by
Mortgage Electronic Registrati
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $243,000 None Listed On Document
Warranty Deed $243,000 None Listed On Document
Special Warranty Deed $451,000 --
Warranty Deed -- None Available
Special Warranty Deed $55,000 None Available
Trustee Deed $76,000 None Available
Special Warranty Deed $88,000 None Available
Trustee Deed $118,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,250 Credit Line Revolving
Closed $191,250 Credit Line Revolving
Previous Owner $84,550 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2025 03/14/25 Sold $243,000 -13.2% $76 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/28/2025 01/28/25 Price Changed $279,900 -3.4% $87 / Sq Ft
01/17/2025 01/17/25 Price Changed $289,900 -3.3% $90 / Sq Ft
01/07/2025 01/07/25 Price Changed $299,900 -4.8% $93 / Sq Ft
12/13/2024 12/13/24 For Sale $314,900 +472.5% $98 / Sq Ft
09/20/2013 09/20/13 Sold $55,000 -23.5% $17 / Sq Ft View Prior Sale
08/27/2013 08/27/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $71,900 -- $22 / 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 $2,379 $182,950 $0 $0
2024 $2,379 $182,950 $0 $0
2023 $2,379 $182,950 $0 $0
2022 $2,379 $182,950 $0 $0
2021 $2,379 $182,950 $0 $0
2020 $1,605 $124,420 $0 $0
2019 $1,630 $124,420 $0 $0
2018 $1,630 $124,420 $0 $0
2017 $1,632 $124,580 $0 $0
2016 $1,632 $124,580 $0 $0
2015 $1,570 $124,580 $0 $0
2014 $1,626 $129,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1165246

Triad MLS

APN: 11-157-0-000-0015-0-0-0