NOT LISTED FOR SALE

235 Timber Ridge Dr Lexington, NC 27292

Lexington Area

Estimated Value: $223,000

3 Beds
2 Baths
-- Sq Ft
2.09 Acre Lot

Sale Details

Date Sold: November 9, 2020

Last sale price $150,000

Est. 49% increase in value since last sale

Current estimated payment $1,287 / mo

198 Days on Market

Highlights

  • 2.09 Acre Lot
  • No HOA
  • Heat Pump System

About This Home

As of November 2020

This mobile home park is within minutes of I-85 with easy access to Lexington, Thomasville, Salisbury and surrounding areas. It consists of 4 mobile homes with lots and 5th lot which is rented; utility building. Good rental history with long term renters. Also tax lot 0500600000127A. Public water and septic.

Last Agent to Sell the Property

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325 Listed on: 03/23/2020

Last Buyer's Agent

Megan Williams

Southern Key Realty License #314019

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Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $608

Year Built

  • Built in 1997

Lot Details

  • 2.09 Acre Lot
  • Lot Dimensions are 408 x 254 x 306 x 270
  • Street terminates at a dead end

Parking

  • Driveway

Interior Spaces

  • 1-Story Property

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0500600000127

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$608

Year Built

Built in 1997

Lot Details

2.09 Acres

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.09
  • Lot Size: 408 x 254 x 306 x 270
  • Directions: I-85. Take Hwy. 64 exit towards Asheboro. Turn left onto Heath Church Rd. (at gas station just below I-85). Left Heath Lane. Rt. Timber Ridge Dr. Property is on left. No signs.
  • Architectural Style: Manufactured
  • Building Stories: 1
  • Year Built: 1997
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No

Exterior Features

  • Lot Features: Dead End
  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Davis-Townsend
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 0500600000127
  • Zoning: RA3
  • TRIADMLS_AcresRange: 2 - 2

Multi Family

  • Number Of Units Total: 5
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 608
  • Tax Year: 2019

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Nov 9, 2020
Sold by
Falling Oak Investments Llc
Bought by
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
Buyer's Agent
Megan Williams
Southern Key Realty
Sold Price
$150,000
Current Estimated Value
$223,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,000
Avg. Annual Appreciation
7.05%
Original Mortgage
$100,000
Outstanding Balance
$87,321
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$135,679

Purchase Details

Listed on
Aug 10, 2018
Closed on
Oct 8, 2018
Sold by
Wall & Whitehead Investments Llc
Bought by
Falling Oak Investments Llc
Seller's Agent
Deborah Saintsing
Hillcrest Realty Group
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$195,000
Sold Price
$87,500
Premium/Discount to List
-$107,500
-55.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.07%

Purchase Details

Closed on
Dec 21, 2011
Sold by
Owens Susan B
Bought by
Wall & Whitehead Investments Llc

Purchase Details

Closed on
Mar 1, 1994
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$150,000 None Available
Falling Oak Investments Llc $175,000 Chicago Title Insurance Co
Wall & Whitehead Investments Llc $58,000 None Available
-- $10,000 --
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
Open $100,000
Previous Owner Owens Robert L $50,000
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 Prior Sale
11/09/2020 11/09/20 Sold $150,000 +71.4% --
10/23/2018 10/23/18 Sold $87,500 -55.1% -- View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $195,000 -- --
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 $682 $108,190 $0 $0
2024 $682 $108,190 $0 $0
2023 $682 $108,190 $0 $0
2022 $682 $108,190 $0 $0
2021 $661 $108,190 $0 $0
2020 $340 $55,630 $0 $0
2019 $345 $55,630 $0 $0
2018 $345 $55,640 $0 $0
2017 $345 $55,640 $0 $0
2016 $345 $55,640 $0 $0
2015 $345 $55,640 $0 $0
2014 $199 $32,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 970899

Triad MLS

APN: 05-006-0-000-0127-0-0-0

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