$165,000
SOLD DEC 4, 2024

206 Salem Rd Lexington, NC 27295

2 Beds
2 Baths
1,651 Sq Ft
0.6 Acres

Recently Sold

$100 Per Sq Ft

3% Below List Price

62 Days on Market

Highlights

  • Built-In Refrigerator
  • Porch
  • Carpet
  • No HOA
  • Level Lot

About This Home

As of December 2024

Nice sized rancher with 3 good sized bedrooms all in the back side of the house and a large office off the living room. Oversized kitchen/dining area combo. All appliances in place are not warranted and as is but appear to work. The crawl space has new vapor barrier and sump pump. Some inspections are in the attachments. The seller is asking for a 7 day first look period where offers can be submitted. There was an add-on years ago. prev owner did not get any permits for this and the tax card still shows 2 br.

Last Agent to Sell the Property

Sharon Collins

RE/MAX Realty Consultants License #208511 Listed on: 09/05/2024

RE/MAX Realty Consultants

Last Buyer's Agent

Marco Mata

Marco’s Realty License #284589

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1955

Lot Details

  • 0.6 Acre Lot
  • Level Lot
  • Property is zoned RA3

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,651 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Sump Pump
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Built-In Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 1131200000069
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: see county plat
  • Subdivision Name: None
  • Directions: From W-S; Hwy 52/285 south toward Lexington. Ex 92 at Hwy 8. Right old Hwy 52 go straight onto Salem Road where 52 curves to the left. House is 2nd on Right. See sign
  • Above Grade Finished Sq Ft: 1651
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1955
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Estimated
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Level
  • Special Features: None

Interior Features

  • Appliances: Built-In Refrigerator, Dishwasher, Range, Range Hood, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dead Bolt(s)
  • Other Equipment: Sump Pump
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1651
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1131200000069
  • Zoning: RA3
  • TRIADMLS_PricePerAcre: 275000
  • TRIADMLS_DeedPage: 829
  • TRIADMLS_DeedBook: 2292

Tax Info

  • Tax Annual Amount: 785.85
  • Tax Lot: 69
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 13, 2024
Sold by
Lsf9 Master Participation Trust and Us Bank Trust Na
Bought by
Castillo Properties Llc
Seller's Agent
Sharon Collins
RE/MAX Realty Consultants
Buyer's Agent
Marco Mata
Marco’s Realty
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.83%
Original Mortgage
$171,500
Outstanding Balance
$101,378
Interest Rate
6.44%
Mortgage Type
Construction
Estimated Equity
$164,030

Purchase Details

Closed on
Nov 7, 2017
Sold by
Whitt Melissa and Oglesby Robert E
Bought by
U S Bank Trust N A and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jan 14, 2008
Sold by
Savage Properties Llc
Bought by
Whitt Melissa and Oglesby Robert Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,238
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2007
Sold by
Freeman Jack Caddell and Harris Brandy Jovanna
Bought by
Savage Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $165,000 None Listed On Document
Special Warranty Deed $165,000 None Listed On Document
Trustee Deed $150,421 None Available
Warranty Deed $114,000 None Available
Warranty Deed $20,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,500 Construction
Closed $171,500 Construction
Previous Owner $118,464 FHA
Previous Owner $112,238 FHA
Previous Owner $60,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2025 06/29/25 Price Changed $264,000 -1.9% $183 / Sq Ft
05/22/2025 05/22/25 Price Changed $269,000 -2.2% $187 / Sq Ft
05/08/2025 05/08/25 For Sale $275,000 +66.7% $191 / Sq Ft
12/04/2024 12/04/24 Sold $165,000 -2.9% $100 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $169,900 0.0% $103 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $169,900 -- $103 / 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 $774 $120,900 $0 $0
2023 $774 $120,900 $0 $0
2022 $774 $120,900 $0 $0
2021 $774 $120,900 $0 $0
2020 $710 $110,930 $0 $0
2019 $721 $110,930 $0 $0
2018 $692 $106,490 $0 $0
2017 $692 $106,490 $0 $0
2016 $692 $106,490 $0 $0
2015 $692 $106,490 $0 $0
2014 $725 $113,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1154845

Triad MLS

APN: 11-312-0-000-0069-0-0-0