NOT LISTED FOR SALE

340 Michael Dr Lexington, NC 27295

Estimated Value: $183,084 - $249,000

2 Beds
2 Baths
1,371 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $35,000 $26 Per Sq Ft

Est. 519% increase in value since last sale

Current estimated payment $1,164/month

23 Days on Market

Highlights

  • 1.5 Acre Lot
  • Living Room with Fireplace
  • Cottage
  • North Davidson Middle School Rated 9+
  • No HOA
  • Porch

About This Home

As of August 2013

Cute Cottage recently updated new paint,carpet,vinyl move in cond. Buyers should obtain a free prequal from Wells Fargo Home Mtg or an entity which is a joint venture with WF Home Mortgage by working directly with a mortgage consultant.Pls Call Stacy Rich at WF. See attachment for on line info and her phone number.for any escalations concerning property offers where our Listing Agent is unable to provide an answer, please call the Wells Fargo REO Department .See attachment for more info regarding offers.

Last Agent to Sell the Property

Sharon Collins

RE/MAX Realty Consultants License #208511 Listed on: 07/12/2013

RE/MAX Realty Consultants

Last Buyer's Agent

Tony Hendrix

Robertson Realty License #154609

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1924

Lot Details

  • 1.5 Acre Lot

Parking

  • No Garage

Home Design

  • Cottage
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,371 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 673803125021
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1924

Lot Details

1.5 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Lot Size: see geo data
  • Directions: nt Located just outside of Welcome. Dir- Old 52 S- Lt. Lake to(cross RR tracks) Rt. Salem; Lt . Michael. house in curve before Poverty Ln
  • Above Grade Finished Sq Ft: 1371
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1924
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1371
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 1371
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 673803125021
  • Zoning: res

Tax Info

  • Tax Annual Amount: 500.42
  • Tax Lot: 75
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2013
Sold by
Owen James David and Owen Linda J
Bought by
Cruz Wilmer Geovany and Cardenas Rosa Amelia Amador
Current Estimated Value
$216,521

Purchase Details

Listed on
Jul 12, 2013
Closed on
Aug 16, 2013
Sold by
Wells Fargo Bank Na
Bought by
Owen James David
Seller's Agent
Sharon Collins
RE/MAX Realty Consultants
Buyer's Agent
Tony Hendrix
Robertson Realty
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%

Purchase Details

Closed on
Jan 15, 2013
Sold by
Gibson Debroah Martin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 1, 1992

Purchase Details

Closed on
Mar 1, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cruz Wilmer Geovany $60,000 None Available
Owen James David $35,000 None Available
Wells Fargo Bank Na $19,053 None Available
-- $30,000 --
-- $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $35,000 -30.0% $26 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $50,000 -- $36 / 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 $578 $90,200 $0 $0
2024 $567 $90,200 $0 $0
2023 $578 $90,200 $0 $0
2022 $578 $90,200 $0 $0
2021 $578 $90,200 $0 $0
2020 $427 $66,750 $0 $0
2019 $434 $66,750 $0 $0
2018 $434 $66,750 $0 $0
2017 $434 $66,750 $0 $0
2016 $434 $66,750 $0 $0
2015 $434 $66,750 $0 $0
2014 $500 $78,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Collins

    Seller's Agent in 2013

    Sharon Collins

    RE/MAX

    (336) 749-4046

    1 in this area

    36 Total Sales

    Sharon Collins
    Section Image

  • T

    Buyer's Agent in 2013

    Tony Hendrix

    Robertson Realty

    (336) 782-8669

    16 in this area

    54 Total Sales

    Tony Hendrix
    Section Image
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Map

Source: Triad MLS

MLS Number: 678813

Triad MLS

APN: 11-312-0-000-0075-0-0-0

North Carolina Davidson County Lexington 27295

340 Michael Dr, Lexington, NC

Not Listed for Sale

Detached

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