NOT LISTED FOR SALE

1351 Gray Rd Lexington, NC 27292

Estimated Value: $205,000 - $300,000

3 Beds
2 Baths
1,196 Sq Ft
$224/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $94,000 $79 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,477/month

9 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Carpet
  • Porch
  • Central Air

About This Home

As of February 2013

Here is a Great Vinyl sided home with Full Unfinished basement and garage! Covered Front Porch and Large Rear Deck. Large yard with storage building. Home is located near High Rock Lake and City of Lexington Conveniences. This one is move in ready!

Last Agent to Sell the Property

Janet Petrozelle

Oak Leaf Properties of NC License #165143 Listed on: 11/24/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $702

Year Built

  • Built in 1997

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 131 x 288

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,196 Sq Ft Home
  • Property has 1 Level
  • Dryer Hookup
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0602600000040A00

Home Details

Home Type

Single Family

Est. Annual Taxes

$702

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Lot Size: 131 x 288
  • Directions: I 85 to HWY 8 S, right on Gray Rd, Home on right.
  • Above Grade Finished Sq Ft: 1196
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 0
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1196
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1196
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • 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 #: 0602600000040A00
  • Zoning: R

Tax Info

  • Tax Annual Amount: 702.19
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2012
Sold by
Crotts Zachary S
Bought by
Secretary Of Housing & Urban
Current Estimated Value
$267,486

Purchase Details

Closed on
May 24, 2005
Sold by
Smith Nelson D and Smith Geraldine G
Bought by
Crotts Zachary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2002
Sold by
Associates Home Equity Ser Inc
Bought by
Smith Nelson D

Purchase Details

Closed on
Oct 18, 2001
Sold by
Lohr Michelle S
Bought by
Associates Home Equity Ser Inc

Purchase Details

Closed on
Apr 1, 1999

Purchase Details

Closed on
Jun 1, 1997
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
Secretary Of Housing & Urban -- --
Crotts Zachary S $110,000 None Available
Smith Nelson D $92,000 --
Associates Home Equity Ser Inc $82,000 --
-- $89,500 --
-- $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crotts Zachary S $108,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2013 02/08/13 Sold $94,000 0.0% $79 / Sq Ft
12/04/2012 12/04/12 Pending -- -- --
11/24/2012 11/24/12 For Sale $94,000 -- $79 / 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 $923 $139,930 $0 $0
2024 $846 $128,120 $0 $0
2023 $846 $128,120 $0 $0
2022 $846 $128,120 $0 $0
2021 $808 $128,120 $0 $0
2020 $679 $107,740 $0 $0
2019 $690 $107,740 $0 $0
2018 $673 $107,740 $0 $0
2017 $673 $107,740 $0 $0
2016 $673 $107,740 $0 $0
2015 $673 $107,740 $0 $0
2014 $702 $112,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 658516

Triad MLS

APN: 06-026-0-000-0040-A-0-0