NOT LISTED FOR SALE

1567 Tyro School Rd Lexington, NC 27295

Estimated Value: $705,000 - $772,117

3 Beds
2 Baths
3,700 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $760,000 $205 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,116/month

31 Days on Market

Highlights

  • Horses Allowed On Property
  • 23.33 Acre Lot
  • Partially Wooded Lot
  • Indoor Pool
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of February 2024

Phenomenal Opportunity! Beautiful Country Estate! Privacy w/ endless possibilities! Beautiful full brick custom Cape Cod home sitting on 23+ acres featuring an open floorplan with a huge gorgeous inground pool and covered outdoor kitchen adjacent to the oversize double detached garage which also includes a half bath for the pool (half bath in detached garage is not counted in the listing bathroom count)! The entire basement is heated & cooled with 1,414 unfinished ready for you to make your own and also includes another full bath (not counted in the listed bathroom count) in unfinished area! Pool liner needs to be replaced. A 5 year driveway easement will be offered as well as an individual waterline with new meter. Permanent utility easement will be offered. Buyers will eventually need to build own driveway within 5 years. Pre-approved buyers welcome!

Last Agent to Sell the Property

John Beck

John Christian Luxury Real Estate License #299544 Listed on: 12/05/2023

Last Buyer's Agent

John Beck

John Christian Luxury Real Estate License #299544 Listed on: 12/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 2003

Lot Details

  • 23.33 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA2

Parking

  • 4 Car Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,483 Sq Ft Home
  • 3,100-3,700 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Indoor Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18023B00A0020000 &
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,513

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 23.33
  • Subdivision Name: None
  • Directions: Drive NE on S NC HWY 150 and turn left on Tryo School Road in Tyro. Travel 1.5 miles and turn left on gravel drive.
  • Above Grade Finished Sq Ft: 3483
  • Architectural Style: Cape Cod
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3100 - 3700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Great Room, Guest Quarters
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3483
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Dog Run, Garden
  • Fencing: Partial, Fenced
  • Lot Features: Horses Allowed, Partially Cleared, Partially Wooded
  • Pool Features: Indoor
  • Construction Type: Brick
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Driveway, Garage, Gravel, Circular Driveway, Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Fireplace(s), Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 18023B00A0020000 &
  • Zoning: RA2
  • TRIADMLS_AcresRange: 21 - 24

Tax Info

  • Tax Annual Amount: 2513.3
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.0062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Feb 26, 2024
Sold by
Cope Mitchell T and Cope Shannon E
Bought by
Snead Clinton Oliver and Snead Shauni Denise
Seller's Agent
John Beck
John Christian Luxury Real Estate
Buyer's Agent
John Beck
John Christian Luxury Real Estate
List Price
$850,000
Sold Price
$760,000
Premium/Discount to List
-$90,000
-10.59%
Views
108
Current Estimated Value
$741,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,971
Avg. Annual Appreciation
-1.50%
Original Mortgage
$550,000
Outstanding Balance
$540,903
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$200,126

Purchase Details

Closed on
May 19, 2021
Sold by
Cope Mitchell T
Bought by
Cope Mitchell T and Cope Shannon E

Purchase Details

Closed on
Jun 13, 2014
Sold by
Cope Elizabeth Phipps
Bought by
Cope Mitchell Travis

Purchase Details

Closed on
Jul 29, 2002
Bought by
Cope Mitchell T
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
Snead Clinton Oliver $760,000 None Listed On Document
Snead Clinton Oliver $760,000 None Listed On Document
Cope Mitchell T -- None Available
Cope Mitchell Travis -- None Available
Cope Mitchell T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snead Clinton Oliver $550,000
Closed Snead Clinton Oliver $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $760,000 -4.4% $245 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/20/2023 12/20/23 Price Changed $795,000 -6.5% $256 / Sq Ft
12/05/2023 12/05/23 For Sale $850,000 -- $274 / 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 $2,756 $451,250 $0 $0
2024 $2,476 $405,370 $0 $0
2023 $2,476 $405,370 $0 $0
2022 $2,476 $405,370 $0 $0
2021 $2,476 $405,370 $0 $0
2020 $2,314 $378,910 $0 $0
2019 $2,349 $378,910 $0 $0
2018 $2,349 $378,910 $0 $0
2017 $2,348 $378,780 $0 $0
2016 $2,348 $378,780 $0 $0
2015 $2,348 $378,780 $0 $0
2014 $2,531 $408,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1127049

Triad MLS

APN: 18-023-B-00A-0020-0-0-0