NOT LISTED FOR SALE

2487 Michael Rd Lexington, NC 27295

Estimated Value: $232,000 - $349,000

3 Beds
2 Baths
3,089 Sq Ft
$93/Sq Ft Est. Value

About This Home

This home is located at 2487 Michael Rd, Lexington, NC 27295 and is currently estimated at $288,011, approximately $93 per square foot. 2487 Michael Rd is a home with nearby schools including Tyro Elementary School, Tyro Middle School, and West Davidson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2024
Sold by
Johnson Christopher N and Johnson Tonya
Bought by
Shumate Jacob and Shumate Gerrianne
Current Estimated Value
$288,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$172,255
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$115,756

Purchase Details

Closed on
Oct 27, 2005
Sold by
Caudill Robert Talmadge
Bought by
Johnson Christopher and Johnson Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Shumate Jacob $175,000 None Listed On Document
Shumate Jacob $175,000 None Listed On Document
Johnson Christopher $178,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shumate Jacob $175,000
Closed Shumate Jacob $175,000
Previous Owner Johnson Christopher $178,500
Source: Public Records

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 $1,174 $192,290 $0 $0
2024 $1,174 $192,290 $0 $0
2023 $1,192 $192,290 $0 $0
2022 $1,174 $192,290 $0 $0
2021 $1,174 $192,290 $0 $0
2020 $1,084 $177,570 $0 $0
2019 $416 $177,570 $0 $0
2018 $1,101 $177,570 $0 $0
2017 $1,102 $177,720 $0 $0
Source: Public Records

Map

North Carolina Davidson County Lexington 27295

2487 Michael Rd, Lexington, NC

Not Listed for Sale

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