NOT LISTED FOR SALE

148 Homer Leonard Rd Lexington, NC 27295

Estimated Value: $128,000 - $218,000

2 Beds
1 Bath
1,200 Sq Ft
$129/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $60,000 $50 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $854/month

105 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Tile Flooring
  • North Davidson Middle School Rated 9+
  • Cottage
  • Central Air

About This Home

As of September 2017

EXCELLENT PRICE!!Unique cottage style home in the heart of Welcome that is close to everything! Nothing Boring or Basic Here! Excellent Value!NEW GRANITE COUNTERS, STAINLESS APPLIANCES AND KITCHEN CABINETS!BEAUTIFUL WOOD LAMINATE PLANKS THROUGHOUT HOME and Tile in the bathroom. Perfect starter home for someone looking to retire or downsize. Very hard to find features available in this price point. Flat Level yard with easy maintenance! One level living!Come see this gem today before its gone!

Last Agent to Sell the Property

anthony ledford

Campbell Ledford Executive Investment Properties LLC License #272152 Listed on: 05/09/2017

Last Buyer's Agent

Gayle Grubb

Leonard Craver Realty License #38570

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $412

Year Built

  • Built in 1945

Lot Details

  • Lot Dimensions are 60 x 189.6 x 30 x 180
  • Level Lot
  • Property is zoned HC

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Insulated Windows
  • Free-Standing Range
  • Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • North Davidson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11311C0000054000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$412

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 60 x 189.6 x 30 x 180
  • Subdivision Name: None
  • Directions: Hwy 8 North into Welcome. Take a left On Homer Leonard Rd. Property is on right.
  • Above Grade Finished Sq Ft: 1056
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1945
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Laminate, Tile
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: See Remarks
  • Fireplaces: 1
  • Living Area: 1056
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • High School: North Davidson

Lot Info

  • Parcel #: 11311C0000054000
  • Zoning: HC
  • TRIADMLS_DeedPage: 1932
  • TRIADMLS_DeedBook: 1199
  • TRIADMLS_PlatBook: C-
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 412
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2017
Closed on
Sep 28, 2017
Sold by
Tesh Michael Wayne and Tesh Maria
Bought by
Crotts Sylvia Louia
Seller's Agent
anthony ledford
Campbell Ledford Executive Investment Properties LLC
Buyer's Agent
Gayle Grubb
Leonard Craver Realty
List Price
$74,900
Sold Price
$60,000
Premium/Discount to List
-$14,900
-19.89%
Current Estimated Value
$154,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,299
Avg. Annual Appreciation
12.58%
Original Mortgage
$57,000
Outstanding Balance
$47,700
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$106,599

Purchase Details

Closed on
Sep 21, 2000
Sold by
Kepley Wyatt Nathan
Bought by
Tesh Michael Wayne

Purchase Details

Closed on
Oct 1, 1998

Purchase Details

Closed on
Oct 1, 1995

Purchase Details

Closed on
Feb 1, 1993

Purchase Details

Closed on
Nov 1, 1990
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
Crotts Sylvia Louia $60,000 None Available
Tesh Michael Wayne $60,000 --
-- -- --
-- $29,500 --
-- $24,000 --
-- $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crotts Sylvia Louia $57,000
Previous Owner Tesh Michael Wayne $53,635
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $60,000 -19.9% $67 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
05/09/2017 05/09/17 For Sale $74,900 -- $83 / 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 $381 $59,460 $0 $0
2024 $381 $59,460 $0 $0
2023 $381 $59,460 $0 $0
2022 $381 $59,460 $0 $0
2021 $381 $59,460 $0 $0
2020 $414 $64,710 $0 $0
2019 $421 $64,710 $0 $0
2018 $421 $64,710 $0 $0
2017 $412 $63,460 $0 $0
2016 $412 $63,460 $0 $0
2015 $412 $63,460 $0 $0
2014 $455 $71,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 834520

Triad MLS

APN: 11-311-C-000-0054-0-0-0