NOT LISTED FOR SALE

150 Rivers Edge Place Unit E Lexington, NC 27292

Estimated Value: $379,899 - $394,000

2 Beds
2 Baths
1,225 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $323,000 $264 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,521/month

5 Days on Market

Highlights

  • Pier
  • Boat Lift
  • RV or Boat Storage in Community
  • Boat or Launch Ramp
  • Boat Slip
  • Traditional Architecture

About This Home

As of December 2022

Waterfront CONDO on High Rock Lake! Super 2 Bedroom, 2 Full Bath unit with open floorpan for spacious Kitchen, Dining, and Living room area with great views of the Lake. Heat Pump new last year, and the assigned boat slip has a new boat lift. Area also available for two jet ski pads. The community offers a lovely in-ground pool for leisure time. This unit is ground Level for easy access. The Condominium is located on the "Abbotts Creek" area of High Rock Lake. Easy access to major traffic arteries, retail shopping outlets and medical care.

Last Agent to Sell the Property

Andy Morris

Uwharrie Real Estate LLC License #165134 Listed on: 10/17/2022

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 2003

Lot Details

  • 5.8

HOA Fees

  • $333 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,225 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pier
  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Boat or Launch Ramp
  • Boat Slip
  • Balcony

Schools

  • Central Davidson High School

Utilities

  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water, all utilities
  • Rent includes all utilities, cable TV, electricity
  • Assessor Parcel Number 06-032-H-000-0005-0-0-0
  • Tax Block 000/H

Community Details

Overview

  • Rivers Edge Subdivision
  • Mandatory home owners association

Recreation

  • RV or Boat Storage in Community
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,459

Year Built

Built in 2003

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Traditional
  • Year Built: 2003
  • Ratio Current Price By Acre: 55689.66
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: 0
  • Proposed Special Assessment Desc: 0
  • Road Surface Type: Asphalt
  • Structure Type: Other
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Fixture Exception Yn: 0
  • Sq Ft Unheated Basement: 0
  • Porch: Balcony
  • Room Other: Foyer,Laundry
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1225
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: High Rock Lake
  • Waterfront Features: Boat Lift, Boat Ramp, Boat Slip (Deed), Boat Slip – Community, Pier, Retaining Wall
  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 2
  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 2

Utilities

  • Heating: Heat Pump
  • Sewer: Community Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, RV/Boat Storage, Street Lights
  • Association Fee: 1000
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 4000.00

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 5.8
  • Lot Size Units: Acres
  • Parcel Number: 06-032-H-000-0005-0-0-0
  • Plat Book Slide: 1474/1026
  • Zoning Description: RM1
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: All Utilities, Cable TV, Electricity
  • Tenant Pays: Cable TV, Electricity, Water, All Utilities
  • Pets Allowed: Yes

Tax Info

  • Tax Block: 000/H
  • RATIO List Price By Tax Amount: 1.48815

Multi Family

  • Number Of Units Total: 1
  • Unit Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Central Davidson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 7, 2022
Sold by
Smith Kelly and Smith Gail
Bought by
Ferguson Deborah Little
Seller's Agent
Andy Morris
Uwharrie Real Estate LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$329,000
Sold Price
$323,000
Premium/Discount to List
-$6,000
-1.82%
Views
39
Current Estimated Value
$389,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,725
Avg. Annual Appreciation
6.89%
Original Mortgage
$140,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Thomason Development Llc
Bought by
Smith Kelly P
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
Ferguson Deborah Little $323,000 --
Ferguson Deborah Little $323,000 None Listed On Document
Smith Kelly P $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Deborah Little $140,000
Closed Ferguson Deborah Little $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $323,000 -1.8% $264 / Sq Ft
10/22/2022 10/22/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $329,000 -- $269 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,459 $221,080 $0 $0
2024 $1,459 $221,080 $0 $0
2023 $1,459 $221,080 $0 $0
2022 $1,459 $221,080 $0 $0
2021 $1,394 $221,080 $0 $0
2020 $1,240 $196,700 $0 $0
2019 $1,267 $196,700 $0 $0
2018 $1,238 $196,700 $0 $0
2017 $1,238 $196,700 $0 $0
2016 $1,237 $196,700 $0 $0
2015 $1,238 $196,700 $0 $0
2014 $1,327 $212,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3913907

Canopy MLS (Canopy Realtor® Association)

APN: 06-032-H-000-0005-0-0-0