NOT LISTED FOR SALE

1573 Payne Rd Lexington, NC 27295

Estimated Value: $242,000 - $324,000

3 Beds
2 Baths
2,134 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $115,000 $54 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,535/month

101 Days on Market

Highlights

  • Attic
  • Porch
  • Ceiling Fan
  • No HOA
  • Outdoor Storage
  • Carpet

About This Home

As of August 2012

Beautiful home in rural setting. 3 bedroom and 2 bath home with finished bonus room not included in square feet. Pre-qual letter required with all offers. See attachments.

Co-Listed By

Jerri Banner

Banner Team Properties Brokered by EXP Realty License #187266

Banner Team Properties Brokered by EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1991

Lot Details

  • 0.49 Acre Lot
  • Property is zoned RS

Parking

  • 1 Car Garage
  • Basement Garage
  • Driveway

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,134 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Attic
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hunters Ridge Subdivision

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 13013F0000006000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$857

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Co List Office Mls Id: WATC02
  • Co List Office Phone: 336-722-0331
  • Subdivision Name: Hunters Ridge
  • Directions: From Winston-Salem, take Hwy 52S to Hickory Tree Rd. Exit then turn right then left on Hartman. Take left on Payne.
  • Above Grade Finished Sq Ft: 2134
  • Architectural Style: Split Level
  • Unit Levels: One and One Half
  • Year Built: 1991
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 756
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2134
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2134
  • Attic Description: Access Only
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Basement
  • Garage Description: Basement Garage

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

Lot Info

  • Parcel #: 13013F0000006000
  • Zoning: RS

Tax Info

  • Tax Annual Amount: 857.15
  • Tax Block: 0
  • Tax Lot: 006
  • Tax Map Number: 213
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
Jul 12, 2012
Sold by
North Carolina Housing Finance Agency
Bought by
Whitaker Barbara
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%
Current Estimated Value
$278,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,330
Avg. Annual Appreciation
6.95%
Original Mortgage
$112,917
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2011
Sold by
Furtado Richard S and Furtado Donna L
Bought by
North Carolina Housing Finance Authority

Purchase Details

Closed on
Oct 17, 2005
Sold by
Vest Edward V and Vest Pamela N
Bought by
Furtado Richard S and Furtado Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1991

Purchase Details

Closed on
Feb 1, 1990

Purchase Details

Closed on
Jun 1, 1988
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Whitaker Barbara -- None Available
North Carolina Housing Finance Authority $119,700 None Available
Furtado Richard S $133,500 None Available
-- $86,500 --
-- $10,500 --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitaker Barbara $112,917
Previous Owner Furtado Richard S $133,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $115,000 -14.8% $54 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $134,900 -- $63 / 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 $854 $129,430 $0 $0
2024 $854 $129,430 $0 $0
2023 $854 $129,430 $0 $0
2022 $826 $129,430 $0 $0
2021 $826 $129,430 $0 $0
2020 $761 $119,300 $0 $0
2019 $773 $119,300 $0 $0
2018 $773 $119,300 $0 $0
2017 $773 $119,300 $0 $0
2016 $773 $119,300 $0 $0
2015 $773 $119,300 $0 $0
2014 $857 $133,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerri Banner

    Seller Co-Listing Agent in 2012

    Jerri Banner

    Banner Team Properties Brokered by EXP Realty

    (336) 409-0724

    319 Total Sales

    Jerri Banner
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Map

Source: Triad MLS

MLS Number: 638493

Triad MLS

APN: 13-013-F-000-0006-0-0-0

North Carolina Davidson County Lexington 27295

1573 Payne Rd, Lexington, NC

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