NOT LISTED FOR SALE

24 Forest Hill Rd Lexington, NC 27295

Estimated Value: $83,000 - $160,000

2 Beds
1 Bath
730 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $22,500 $31 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $623/month

11 Days on Market

Highlights

  • Deck
  • Cottage
  • Tile Flooring
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of December 2013

Great investment property or 1st time home owner. This 2 bedroom home is located near shopping center and close to HWY 52. Sold as is, buyer/agent shall verify all systems and information given prior to submiting any offers. EM must be in certified funds. House is in 1st Look Initiative until 11/30/13. Selling Agent Bonus Promotion of $1500 but must close and fund by 12/31/13.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1946

Lot Details

  • 0.33 Acre Lot
  • Property is zoned RA3

Parking

  • No Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 730 Sq Ft Home
  • Property has 1 Level

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Carr & Martins Brookside Dev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11331F0000001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Subdivision Name: Carr & Martins Brookside Dev
  • Directions: West Center St Ext, 2nd left onto Forest Hill Rd. House will be on the right.
  • Above Grade Finished Sq Ft: 730
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1946
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 730
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher,Slide-In Oven/Range, Water Heater: Electric
  • Flooring: Laminate, Tile
  • Interior Amenities: Dryer Connection, Laundry Room - Main Level, Washer Connection
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 730
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Deck, Porch
  • Fencing: None
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 11331F0000001000
  • Zoning: RA3
  • TRIADMLS_DeedPage: 2424
  • TRIADMLS_DeedBook: 2096

Tax Info

  • Tax Annual Amount: 405.77
  • Tax Map Number: 11-331-F
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Dec 16, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vanhuynh Cuong Van
List Price
$25,000
Sold Price
$22,500
Premium/Discount to List
-$2,500
-10%
Current Estimated Value
$110,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,359
Avg. Annual Appreciation
14.42%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Moore Beverly D
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 22, 2006
Sold by
Britt Joey L and Britt Dawn D
Bought by
Moore Beverly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2005
Sold by
The Cit/Consumer Finance Inc
Bought by
Britt Joey L

Purchase Details

Closed on
Jan 26, 2005
Sold by
Walker Junior B
Bought by
The Cit Group/Consumer Finance Inc
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
Vanhuynh Cuong Van -- None Available
Federal Home Loan Mortgage Corporation $35,000 None Available
Moore Beverly D $63,000 None Available
Britt Joey L $21,500 None Available
The Cit Group/Consumer Finance Inc $29,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Beverly D $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $22,500 -10.0% $31 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $25,000 -- $34 / 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 $438 $57,030 $0 $0
2024 $438 $57,030 $0 $0
2023 $438 $57,030 $0 $0
2022 $438 $57,030 $0 $0
2021 $427 $57,030 $0 $0
2020 $365 $48,710 $0 $0
2019 $370 $48,710 $0 $0
2018 $361 $47,460 $0 $0
2017 $361 $47,460 $0 $0
2016 $361 $47,460 $0 $0
2015 $361 $47,460 $0 $0
2014 $406 $53,390 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 690348

Triad MLS

APN: 11-331-F-000-0001-0-0-0