NOT LISTED FOR SALE

371 Reynolds Rd Lexington, NC 27292

Estimated Value: $262,000 - $442,000

2 Beds
1 Bath
1,554 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $275,000 $177 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,105/month

97 Days on Market

Highlights

  • Pier
  • Deck
  • Wood Flooring
  • Waterfront
  • Living Room with Fireplace
  • Laundry Room

About This Home

As of April 2021

PRICE REDUCED BELOW TAX VALUE - 146' of Peninsula Waterfrontage with private pier, large deck on lake side and includes neighboring lot with fireplace/firepit. Great weekend getaway or rental property. Seller had the property on VRBO with $20K rental income in 2018 and $32K in 2019. New metal roof only 8 years old, bath with walk in shower, new heat pump last year, new wiring, underground utilities, home has been insulated for year round use. With so little available on the market, this won't last long. Includes 2-2005 SeaDoos and floaters. Most furnishings will convey.

Last Agent to Sell the Property

Carole Bryson

Lake Homes Realty LLC Brokerage Email: CBryson@lakehomes.com License #126728 Listed on: 10/17/2020

Lake Homes Realty LLC

Last Buyer's Agent

Katie Rumery

NorthGroup Real Estate LLC License #298101

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1937

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • Level Lot
  • Property is zoned RA2

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Metal Roof

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pier
  • Deck
  • Fire Pit

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Voluntary home owners association

Listing and Financial Details

  • Assessor Parcel Number 06-032-B-000-0009-0-0-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1937

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1937
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.96
  • Attribution Contact: CBryson@lakehomes.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Linoleum, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1554
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1554
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Fire Pit, Living Room, Wood Burning
  • Living Area: 1554
  • Bedroom Main: 2
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: High Rock Lake
  • Waterfront Features: Pier
  • Construction Type: Other - See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Level, Waterfront, Lake On Property
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Parcel Number: 06-032-B-000-0009-0-0-0
  • Lot Size Acres: 0.31
  • Lot Size: Irregular
  • Lot Size Sq Ft: 13503
  • Additional Parcels Description: 06032B0000010
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Apr 21, 2021
Sold by
Daoud A J
Bought by
Bergeron Terry David
Seller's Agent
Carole Bryson
Lake Homes Realty LLC
Buyer's Agent
Katie Rumery
NorthGroup Real Estate LLC
List Price
$334,900
Sold Price
$275,000
Premium/Discount to List
-$59,900
-17.89%
Current Estimated Value
$367,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,114
Avg. Annual Appreciation
6.85%
Original Mortgage
$275,000
Outstanding Balance
$249,557
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$117,557

Purchase Details

Closed on
Feb 29, 2008
Sold by
Proctor Sidney E and Miranda B Proctor J
Bought by
Campbell Ledford Executive Investment Pr

Purchase Details

Closed on
Dec 28, 2007
Sold by
Stockton Betty Thomas and Stockton Jerry C
Bought by
Proctor Sidney E and Miranda B Proctor J

Purchase Details

Closed on
May 18, 2006
Sold by
Stockton Betty Thomas and Stockton Jerry C
Bought by
Daoud A J

Purchase Details

Closed on
Jun 1, 1990
Source: Public Records

Range of Values:

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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
Bergeron Terry David $275,000 None Available
Campbell Ledford Executive Investment Pr $159,000 None Available
Proctor Sidney E $5,000 None Available
Daoud A J $100,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergeron Terry David $275,000
Previous Owner Daoud A J $2,320,000
Previous Owner Daoud Abraham J $1,442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $275,000 -6.5% $177 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $294,000 -1.7% $189 / Sq Ft
12/03/2020 12/03/20 Price Changed $299,000 -10.7% $192 / Sq Ft
10/17/2020 10/17/20 For Sale $334,900 -- $216 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2024 $1,354 $205,100 $0 $0
2023 $1,317 $199,490 $0 $0
2022 $1,317 $199,490 $0 $0
2021 $1,258 $199,490 $0 $0
2020 $1,065 $168,990 $0 $0
2019 $1,082 $168,990 $0 $0
2018 $1,053 $168,540 $0 $0
2017 $1,053 $168,540 $0 $0
2016 $1,053 $168,540 $0 $0
2015 $1,053 $168,540 $0 $0
2014 $859 $137,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3673674

Canopy MLS (Canopy Realtor® Association)

APN: 06-032-B-000-0009-0-0-0