NOT LISTED FOR SALE

150 Rivers Edge Place Unit M Lexington, NC 27292

Estimated Value: $392,000 - $405,000

2 Beds
2 Baths
1,500 Sq Ft
$333/mo HOA Fee

Last Sold August 02, 2024

Last sale price $395,000 $263 Per Sq Ft

Current estimated payment $2,643/month

3 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Attic
  • In Ground Pool
  • Traditional Architecture
  • Balcony

About This Home

As of August 2024

Prime, Lakefront Condo on HRL (Abbotts Creek) with stunning 180' views. Comes with Private boat slip with newer lift w/ 5000 lb. rating; 2 paddle board/kayak stands; 2 jet ski portals; gated community boat launch; paved parking; and community lakeside saltwater pool. This upper level 2 BR, 2 bath unit has upgrades consisting of LVP in main living space, new carpet in bedrooms, and freshly painted interior. Covered lakeside porch with amazing views overlooking the pool. Large open living, dining & kitchen which is great for family gatherings and entertaining. All of this located on the grounds consisting of 5.8 acres. Boat and trailer storage available on the property. Complex has only 16 units, lawn and exterior maintenance included in HOA. Partially furnished, agents check attachment for list of items. Owner/ Broker

Last Agent to Sell the Property

Lori Smith

Robertson Realty License #259832 Listed on: 06/11/2024

Last Buyer's Agent

Lori Smith

Robertson Realty License #259832 Listed on: 06/11/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 2003

Lot Details

  • Lake Front
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Lake Views
  • Dryer Hookup
  • Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Lake On Lot
  • Balcony
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Rivers Edge Condo Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 06032H0000013000

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,459

Year Built

Built in 2003

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.0362
  • Subdivision Name: Rivers Edge Condo
  • Directions: South on Highway 8 to caution light, left on Wafford Circle, then slight right on Shepps Boat Dock Rd. Condos at the Dead End. No sign on the property! From Shepps Boat Dock Road it's the third set of steps from the road.
  • Above Grade Finished Sq Ft: 1344
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Dead End, Lake, Lake Front, Lake View, Waterview
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1344
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Balcony, Lighting, Sprinkler System
  • Fencing: None
  • Lot Features: Dead End
  • Pool Features: In Ground, Private
  • Waterfront Features: Lake, Lake Front
  • Construction Type: Vinyl Siding
  • Other Structures: Boat Ramp, Pier
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Deck, Paved, Driveway

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 06032H0000013000
  • Zoning: RM1
  • TRIADMLS_PricePerAcre: 10911602.2099
  • TRIADMLS_PlatPage: 58-59
  • TRIADMLS_DeedPage: 2416
  • TRIADMLS_DeedBook: 2602
  • TRIADMLS_PlatBook: CP1
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1459
  • Tax Lot: 13
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Aug 2, 2024
Sold by
Smith Barry W and Smith Lori Y
Bought by
Johnson York Henry and Fritts York Tonya
Seller's Agent
Lori Smith
Robertson Realty
Buyer's Agent
Lori Smith
Robertson Realty
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
6
Current Estimated Value
$396,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,166
Avg. Annual Appreciation
-2.14%
Original Mortgage
$245,000
Outstanding Balance
$242,969
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$143,508

Purchase Details

Closed on
Jun 7, 2023
Sold by
Kress Christie Louise and Kress James Christophe
Bought by
Smith Barry W and Smith Lori Y

Purchase Details

Closed on
Aug 25, 2021
Sold by
Austin Terry H and Austin Elizabeth M
Bought by
Kress Christie Louise and Kress James Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2018
Sold by
King Terry R and King Angela B
Bought by
Austin Terry H and Austin Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2005
Sold by
Thomason Development Llc
Bought by
King Terry R and King Angela B
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
Johnson York Henry $395,000 None Listed On Document
Smith Barry W $348,000 None Listed On Document
Kress Christie Louise $230,000 None Available
Austin Terry H $210,000 None Available
King Terry R $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson York Henry $245,000
Previous Owner Kress Christie Louise $207,000
Previous Owner Austin Terry H $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $395,000 -1.0% $329 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $399,000 -- $333 / 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 $1,459 $221,080 $0 $0
2023 $1,481 $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 $1,259 $196,700 $0 $0
2018 $1,268 $196,700 $0 $0
2017 $1,272 $196,700 $0 $0
2016 $1,277 $196,700 $0 $0
2015 $1,325 $196,700 $0 $0
2014 $1,408 $212,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1145330

Triad MLS

APN: 06-032-H-000-0013-0-0-0