NOT LISTED FOR SALE

164 Willow Oak Dr Lexington, NC 27295

Estimated Value: $160,000 - $312,000

3 Beds
1.5 Baths
1,800 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $65,000 $36 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $1,384/month

57 Days on Market

Highlights

  • Living Room with Fireplace
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Porch
  • Ceiling Fan

About This Home

As of May 2017

Attention investors or flippers: CUTE 92 year old farmhouse available on three quarters of an acre between Midway and Welcome in North Davidson. With nearly 1300 finished square feet on the main level, and 552 feet upstairs with early century beadboard, ready to be heated and cooled, this could be a real charmer once updated. Newer roof, some newer windows and an added sunroom that is not heated and cooled. Needs new HVAC. Huge hobbyist garage on the property as well. Absolute sold as is.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 01/31/2017

Keller Williams Realty Elite

Last Buyer's Agent

Gloria Justice

Green Haven Realty License #245629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $442

Year Built

  • Built in 1925

Lot Details

  • 0.74 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 2 Car Detached Garage

Home Design

  • Masonite

Interior Spaces

  • 1,705 Sq Ft Home
  • 1,500-1,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Coal
  • Heating System Uses Wood

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1302400000028
  • 0% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$442

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Subdivision Name: None
  • Directions: Take I-40 E and NC-8 S/US-52 S to Old U.S. 52 N in Midway. Take exit 97 from NC-8 S/US-52 S. Turn left onto Old U.S. 52 N. Turn right onto Willow Oak Dr. Home is located on the right.
  • Above Grade Finished Sq Ft: 1705
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1500 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 1705
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Masonite
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level
  • Cooling: Central Air
  • Heating: Forced Air, Coal, Oil, Wood
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Coal, Oil, Wood Fuel
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1302400000028
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 101216.2162
  • TRIADMLS_DeedPage: 0024
  • TRIADMLS_DeedBook: 0588
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 442.32
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 9, 2017
Sold by
Miller Patrica A
Bought by
Marlow Mitchell T and Marlow Rachel Tiffany
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Gloria Justice
Green Haven Realty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Current Estimated Value
$246,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,346
Avg. Annual Appreciation
17.28%
Original Mortgage
$52,000
Outstanding Balance
$43,292
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$203,054

Purchase Details

Closed on
Dec 1, 1980

Purchase Details

Closed on
Jul 1, 1975
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
Marlow Mitchell T $70,000 None Available
-- $32,000 --
-- $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marlow Mitchell T $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2017 05/11/17 Sold $65,000 -18.6% $43 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $79,900 -- $53 / 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 $867 $131,340 $0 $0
2024 $867 $131,340 $0 $0
2023 $867 $131,340 $0 $0
2022 $838 $131,340 $0 $0
2021 $838 $131,340 $0 $0
2020 $744 $116,540 $0 $0
2019 $755 $116,540 $0 $0
2018 $755 $116,540 $0 $0
2017 $755 $116,540 $0 $0
2016 $442 $116,540 $0 $0
2015 $442 $116,540 $0 $0
2014 $408 $115,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 819608

Triad MLS

APN: 13-024-0-000-0028-0-0-0