NOT LISTED FOR SALE

1402 Allred Rd Lexington, NC 27292

Estimated Value: $193,000 - $240,000

2 Beds
1 Bath
1,300 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $182,750 $141 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,227/month

34 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Fenced
  • Cottage
  • Outdoor Storage
  • Level Lot

About This Home

As of August 2022

MULTIPLE OFFERS! Sellers have asked for highest and best offers to be submitted by 5pm on Tuesday, July 5th.
This charming cottage is perfectly precious in every way! Conveniently located in the Central Davidson/Davis-Townsend community and nestled on a .98 acre, private lot with fenced yard, multiple outbuildings, quaint back patio & plenty of parking. This 2 bed/1 bath home has been beautifully remodeled & looks like new! Houses in this price range are rare so make your appointment today!

Last Agent to Sell the Property

Ashley Nelson

Leonard Craver Realty Inc License #259453 Listed on: 06/24/2022

Last Buyer's Agent

Courtney Broach

Real Broker LLC License #318295

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $427

Year Built

  • Built in 1949

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 199 x 177 x 172 x 233
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RM1

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Cottage
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic
  • Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0034
  • Assessor Parcel Number 1501200000034000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$427

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.98
  • Lot Size: 199 x 177 x 172 x 233
  • Subdivision Name: None
  • Directions: Going north on Main Street Lexington, to Right on East 5th Street that becomes Raleigh Road and then becomes E. Old US Hwy 64, Cross Over I-85 Bridge and continue on a couple miles, then Right on Allred Road. House # 1402
  • Above Grade Finished Sq Ft: 1152
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1949
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1152
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Partially Cleared
  • Pool Features: None
  • Exclusions: Small Gray Storage Building Does Not Convey. Electric Fireplace On Primary Br Does Not Convey.
  • Construction Type: Aluminum Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • 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: Davis-Townsend
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 1501200000034000
  • Zoning: RM1
  • TRIADMLS_PricePerAcre: 186479.5918
  • TRIADMLS_DeedPage: 1946
  • TRIADMLS_DeedBook: 2304
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 427
  • Tax Block: 000
  • Tax Lot: 0034
  • Tax Map Number: 012
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 18, 2022
Sold by
Vance Taylor Chad and Vance Angela
Bought by
Fallon Jessie James
Seller's Agent
Ashley Nelson
Leonard Craver Realty Inc
Buyer's Agent
Courtney Broach
Real Broker LLC
List Price
$179,900
Sold Price
$182,750
Premium/Discount to List
$2,850
1.58%
Total Days on Market
34
Current Estimated Value
$215,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,149
Avg. Annual Appreciation
1.74%
Original Mortgage
$173,612
Outstanding Balance
$166,724
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$25,819

Purchase Details

Closed on
Jan 26, 2018
Sold by
Burris Marquehetta V
Bought by
Tayor Chad Vance

Purchase Details

Closed on
Apr 1, 1984
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
Fallon Jessie James $183,000 Jason A Knight Pllc
Tayor Chad Vance $10,000 None Available
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Jessie James $173,612
Previous Owner Taylor Chad Vance $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $182,750 +1.6% $183 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $179,900 -- $180 / 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
2024 $711 $112,760 $0 $0
2023 $711 $112,760 $0 $0
2022 $711 $112,760 $0 $0
2021 $427 $67,770 $0 $0
2020 $332 $52,610 $0 $0
2019 $331 $52,560 $0 $0
2018 $331 $52,560 $0 $0
2017 $331 $52,560 $0 $0
2016 $455 $72,220 $0 $0
2015 $441 $72,220 $0 $0
2014 $432 $70,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1074783

Triad MLS

APN: 15-012-0-000-0034-0-0-0