NOT LISTED FOR SALE

1608 Old Us Highway 52 Lexington, NC 27295

Estimated Value: $65,000 - $118,000

2 Beds
1 Bath
1,300 Sq Ft
$64/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $40,000 $31 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $485/month

59 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Level Lot
  • Porch
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of August 2021

INVESTORS TAKE NOTE! 2 bedroom, 1 bath home convenient to US 52/I 285 and Business 85. Large kitchen with enclosed side porch. Spacious back yard. Home is being sold "as is". Buyer to verify all components. Priced well below tax value.

Last Agent to Sell the Property

Neva Little

Partners Real Estate License #286122 Listed on: 05/19/2021

Last Buyer's Agent

Brandi Frey

Wilson Realty Co, LLC License #320716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 1938

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 78 x 226 x 75 x 227
  • Level Lot
  • Cleared Lot
  • Property is zoned RC

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,234 Sq Ft Home
  • 1,100-1,300 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11332G0000013000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Lot Size: 78 x 226 x 75 x 227
  • Subdivision Name: None
  • Directions: From US 52 take Exit 92 for NC 8 toward Lexington. Left onto NC 8/Old US Hwy 52. 1608 Old US Hwy 52 on the left.
  • Above Grade Finished Sq Ft: 1234
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1938
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1234
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 11332G0000013000
  • Zoning: RC
  • TRIADMLS_PricePerAcre: 115384.6154
  • TRIADMLS_DeedPage: 686
  • TRIADMLS_DeedBook: 985
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 480
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.749

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 16, 2021
Sold by
Surratt Todd J and Surratt Kelly
Bought by
Pelaez Victor Hugo Gil
Seller's Agent
Neva Little
Partners Real Estate
Buyer's Agent
Brandi Frey
Wilson Realty Co, LLC
Sold Price
$40,000
Current Estimated Value
$82,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,551
Avg. Annual Appreciation
25.39%
Original Mortgage
$40,000
Outstanding Balance
$29,127
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$70,649

Purchase Details

Listed on
May 19, 2021
Closed on
Aug 4, 2021
Sold by
Deese Kathy C and Deese David A
Bought by
Surratt Todd J
Seller's Agent
Neva Little
Partners Real Estate
Buyer's Agent
Brandi Frey
Wilson Realty Co, LLC
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$29,127
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$70,649

Purchase Details

Closed on
Apr 1, 1996
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
Pelaez Victor Hugo Gil $47,000 Accommodation
Surratt Todd J $40,000 None Available
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelaez Victor Hugo Gil $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $40,000 -- $36 / 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 $433 $56,340 $0 $0
2023 $433 $56,340 $0 $0
2022 $433 $56,340 $0 $0
2021 $480 $64,060 $0 $0
2020 $425 $56,790 $0 $0
2019 $432 $56,790 $0 $0
2018 $432 $56,790 $0 $0
2017 $432 $56,790 $0 $0
2016 $432 $56,790 $0 $0
2015 $505 $66,490 $0 $0
2014 $352 $46,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Neva Little

    Partners Real Estate

    (336) 624-5465

    5 in this area

    72 Total Sales

    Neva Little
    Section Image

  • B

    Buyer's Agent in 2021

    Brandi Frey

    Wilson Realty Co, LLC

    (336) 207-5887

    9 in this area

    34 Total Sales

    Brandi Frey
    Section Image
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Map

Source: Triad MLS

MLS Number: 1024492

Triad MLS

APN: 11-332-G-000-0013-0-0-0

North Carolina Davidson County Lexington 27295

1608 Old Us Highway 52, Lexington, NC

This home is located at 1608 Old Us Highway 52, Lexington, NC 27295 since 19 May 2021 and is currently estimated at $82,551, approximately $63 per square foot. This property was built in 1938. 1608 Old Us Highway 52 is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.

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