NOT LISTED FOR SALE

231 Bill Medlin Rd Lexington, NC 27292

Estimated Value: $174,000 - $225,000

2 Beds
1.5 Baths
1,164 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 03, 2012

Last sale price $57,500 $49 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $1,132/month

42 Days on Market

Highlights

  • 1.83 Acre Lot
  • No HOA
  • Central Air
  • 1 Fireplace

About This Home

As of April 2012

Case # 381-792824 as is without repairs or warranties. HUDHOMESTORE websites for Property Condition Report, environmental concerns, if any, online bidding, and required contract and addenda. Agents with valid NAID #s only. All information believed accurate, but should be verified by buyer. FHA borrowers may qualify for $100 down payment. FHA 203k renovation loan for qualified property and owner-occupant. Property is listed UI.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1925

Lot Details

  • 1.83 Acre Lot
  • Property is zoned Rs9

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,164 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1134700000028A00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,077

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.83
  • Directions: Head southwest on S. Main St. Turn L onto E 10th Ave. Continue onto Cotton Grove Rd. Take a right onto Brown, Take a left onto Bill Medlin.
  • Above Grade Finished Sq Ft: 1164
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1164
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Living Area: 1164
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1134700000028A00
  • Zoning: Rs9
  • TRIADMLS_DeedPage: 2097
  • TRIADMLS_DeedBook: 2034

Tax Info

  • Tax Annual Amount: 1076.65
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2014
Sold by
Medlin Timothy Wayne and Medlin Patricia Livengood
Bought by
Mclemore Travis J
Current Estimated Value
$191,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Outstanding Balance
$20,438
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$156,883

Purchase Details

Listed on
Nov 22, 2011
Closed on
Mar 30, 2012
Sold by
Secretary Of Hud
Bought by
Medlin Timothy
List Price
$75,000
Sold Price
$57,500
Premium/Discount to List
-$17,500
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$54,625
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2011
Sold by
Medlin Roy Lee and Medlin Patsy N
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 22, 2005
Sold by
Medlin Roy Lee
Bought by
Medlin Roy Lee and Medlin Patsy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 2, 2004
Sold by
Medlin Jr Roy Lee and Medlin Patsy N
Bought by
Medlin Roy L & Patsy L Trustee

Purchase Details

Closed on
Jan 1, 1994

Purchase Details

Closed on
Jun 1, 1987
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
Mclemore Travis J $60,000 None Available
Medlin Timothy -- None Available
Secretary Of Housing & Urban Development $102,114 None Available
Medlin Roy Lee -- None Available
Medlin Roy L & Patsy L Trustee -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclemore Travis J $20,000
Open Mclemore Travis J $54,000
Previous Owner Medlin Timothy $54,625
Previous Owner Medlin Roy Lee $87,310
Previous Owner Medlin Roy Lee $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2012 04/03/12 Sold $57,500 -23.3% $49 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $75,000 -- $64 / 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 $1,082 $83,240 $0 $0
2023 $1,082 $83,240 $0 $0
2022 $1,082 $83,240 $0 $0
2021 $1,082 $83,240 $0 $0
2020 $938 $72,720 $0 $0
2019 $953 $72,720 $0 $0
2018 $953 $72,720 $0 $0
2017 $953 $72,720 $0 $0
2016 $953 $72,720 $0 $0
2015 $916 $72,720 $0 $0
2014 $1,076 $85,380 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 628353

Triad MLS

APN: 11-347-0-000-0028-A-0-0