NOT LISTED FOR SALE

260 W 5th St Lexington, NC 27292

2 Beds
1 Bath
1,328 Sq Ft
0.28 Acres Lot

Sale Details

Date Sold: September 8, 2020

Last sale price $62,000 $47 Per Sq Ft

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • 1 Car Detached Garage

About This Home

As of September 2020

Great investment opportunity! Remodeled and updated duplex.Close to uptown Lexington & near all Lexington amenities. Newer carpet and paint. Each side has 1 bedroom & 1 bath, living room, kitchen/dining area. Current tenants on month to month lease. Buyer to verify all information.

Last Agent to Sell the Property

Bonnie Owens

Mantle LLC License #291786 Listed on: 07/29/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $680

Year Built

  • Built in 1950

Lot Details

  • 0.28

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Washer and Dryer Hookup
  • 12,197 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 1105000020018000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$680

Year Built

Built in 1950

Lot Details

0.28 Acres

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Directions: If going North on Main Street Lexington, turn Left on West 6th Street/ MLK Jr. Blvd. Left on Fair Street, Left on West 5th Street. Property on Left.
  • Year Built: 1950
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No

Exterior Features

  • Lot Features: City Lot
  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Washer/Dryer Connection
  • Cooling: Central Air
  • Heating: See Remarks, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1105000020018000
  • Zoning: TN
  • TRIADMLS_AcresRange: 0 - 0

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 680
  • Tax Lot: 18
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2020 09/08/20 Sold $62,000 +40.9% $47 / Sq Ft
10/25/2017 10/25/17 Sold $44,000 -26.5% $40 / Sq Ft View Prior Sale
10/11/2017 10/11/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $59,900 -- $54 / Sq Ft
Source: Triad MLS

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 $815 $62,710 $0 $0
2024 $815 $62,710 $0 $0
2023 $815 $62,710 $0 $0
2022 $815 $62,710 $0 $0
2021 $815 $62,710 $0 $0
2020 $715 $55,380 $0 $0
2019 $680 $51,920 $0 $0
2018 $680 $51,920 $0 $0
2017 $746 $56,930 $0 $0
2016 $746 $56,930 $0 $0
2015 $717 $56,930 $0 $0
2014 $770 $61,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 987713

Triad MLS

APN: 11-050-0-002-0018

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