NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: June 17, 2022

Last sale price $225,000

5 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of June 2022

***Multiple Offers*** Best offers due by 5/31/2022 at 4pm. Brick Quad with lifetime metal roof located less than a half mile from Lexington NC city center. Each unit offers two bedrooms and one bath with a kitchen and living room. Featuring LVP/LVT flooring, block walls and concrete parking pad. Three units are currently rented for 525, 595, and 625/month. One unit has recent fire damage due to appliance/range fire and will need interior rehab. Don't miss your golden opportunity to get a great cash-flowing property in the rapidly growing city of Lexington. Seller willing to work with a renovation loan product either FHA or Conventional. Inspection will be performed at owner's expense on 5/24/2022 and will be released to ALL interested parties after 5/26/2022. Reach out to info@investinthetriad.com for full inspection report. Owner is a licensed NC real estate agent and pays 3% buyers agent commission.

Last Agent to Sell the Property

Jason Coleman

eXp Realty License #309381 Listed on: 05/25/2022

Last Buyer's Agent

Lauren McRae

Keller Williams One License #189003

Keller Williams One
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 138' x 90'
  • Cleared Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Driveway
  • Paved Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1106400000014
  • 1% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,507

Year Built

Built in 1978

Lot Details

0.25 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 138' x 90'
  • Directions: I-85BL S/US-29 S/US-70 W, Continue on N Main St. Drive to N Pugh St, Keep left to continue on N Main St 0.9 mi, Turn left onto E 5th St, Turn right at the 2nd cross street onto N Pugh St, left on E first St and unit is on the right.
  • Year Built: 1978
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1106400000014
  • Zoning: R6
  • TRIADMLS_AcresRange: -

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Number Of Units Leased: 3

Tax Info

  • Tax Annual Amount: 1506.63
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lexington, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stegall & Cliffprd Pllc
Moran Laurence $225,000 None Listed On Document
Rylynn Holdings Llc -- None Available
Coleman Alyssa Grace $105,000 None Available
Couzins Properties Llc -- None Available
Everhart Real Estate Holdings -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $78,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $225,000 +9.8% --
05/25/2022 05/25/22 For Sale $205,000 -- --
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,365 $105,020 $0 $0
2024 $1,365 $105,020 $0 $0
2023 $1,365 $105,020 $0 $0
2022 $1,495 $115,010 $0 $0
2021 $1,495 $115,010 $0 $0
2020 $1,058 $81,970 $0 $0
2019 $1,000 $76,330 $0 $0
2018 $1,000 $76,330 $0 $0
2017 $1,000 $76,330 $0 $0
2016 $997 $76,100 $0 $0
2015 $959 $76,100 $0 $0
2014 $1,084 $86,070 $0 $0
Source: Public Records

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Map

Source: Triad MLS

MLS Number: 1070752

Triad MLS
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