NOT LISTED FOR SALE

1626 Greensboro Street Extension Lexington, NC 27295

Estimated Value: $71,000 - $77,704

3 Beds
1 Bath
1,620 Sq Ft
$45/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $75,000 $46 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $427/month

5 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bungalow
  • No HOA
  • Tankless Water Heater
  • Ceiling Fan

About This Home

As of October 2024

Fantastic investment opportunity in Lexington, NC, listed close to tax value and priced to sell! This house is situated on 0.69 acres and is conveniently located 1.4 miles off US 29. The home has public water but uses a septic system for sewer. Currently uninhabitable, the house requires major repairs and renovations, and lacks working heat and power. There is minor fire damage in the dining room/kitchen area. Evidence of foundational and structural issues that the new owner will need to address. Possible unpermitted work done by the previous owners. The property has a 160 sq ft storage shed in great condition which will convey. The current owner has not occupied the property and is selling as-is. Perfect for seasoned investors looking for a great deal to rehab to rent, or flip. The condition of this house would prevent conventional/FHA financing. Cash offers only.

Last Agent to Sell the Property

John Doss

Berkshire Hathaway HomeServices Yost & Little Realty License #342080 Listed on: 10/06/2024

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Klieon Tran

Berkshire Hathaway HomeServices Yost & Little Realty License #307420

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 1922

Lot Details

  • 0.69 Acre Lot
  • Rural Setting
  • Property is zoned RA3

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1132500000062
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Subdivision Name: None
  • Directions: From US Hwy 29, take a right on Greensboro Street Ext, travel for 1.4 miles and 1626 Greensboro Street Ext will be on your left.
  • Above Grade Finished Sq Ft: 1620
  • Architectural Style: Bungalow
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1922
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Rural
  • Special Features: None

Interior Features

  • Appliances: Tankless Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1620
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Rural
  • Pool Features: None
  • Construction Type: Asbestos, Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection
  • Cooling: Window Unit(s)
  • Heating: None, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Tankless

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1132500000062
  • Zoning: RA3

Tax Info

  • Tax Annual Amount: 469.87
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2024
Closed on
Oct 15, 2024
Sold by
Real Freedom Llc
Bought by
Nguyen Thanh To Thi
Seller's Agent
John Doss
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Klieon Tran
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$75,000
Sold Price
$75,000
Views
60
Current Estimated Value
$73,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,432
Avg. Annual Appreciation
-1.80%

Purchase Details

Listed on
Oct 6, 2024
Closed on
Aug 28, 2024
Sold by
Surratt Samuel Timothy and Dyer Roger
Bought by
Real Freedom Llc
Seller's Agent
John Doss
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Klieon Tran
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$75,000
Sold Price
$75,000
Views
60

Purchase Details

Closed on
Nov 24, 2020
Sold by
Dyer Rachel Ann Surratt and Dyer Roger
Bought by
Lexington Investment Properties Llc

Purchase Details

Closed on
Mar 19, 1971
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
Nguyen Thanh To Thi $75,000 None Listed On Document
Nguyen Thanh To Thi $75,000 None Listed On Document
Real Freedom Llc $53,000 None Listed On Document
Lexington Investment Properties Llc $5,000 None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $75,000 0.0% $46 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $75,000 0.0% $46 / Sq Ft
10/06/2024 10/06/24 Off Market $75,000 -- --
10/06/2024 10/06/24 For Sale $75,000 -- $46 / 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 $479 $72,600 $0 $0
2024 $463 $70,130 $0 $0
2023 $470 $70,130 $0 $0
2022 $463 $70,130 $0 $0
2021 $463 $70,130 $0 $0
2020 $351 $85,510 $0 $0
2019 $356 $85,510 $0 $0
2018 $346 $85,510 $0 $0
2017 $346 $85,510 $0 $0
2016 $346 $85,510 $0 $0
2015 $346 $85,510 $0 $0
2014 $359 $91,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1158144

Triad MLS

APN: 11-325-0-000-0062-0-0-0