NOT LISTED FOR SALE

40 Random Dr Lexington, NC 27292

-- Bed
-- Bath
-- Sq Ft
1982 Built

Last Sold May 28, 2019

Last sale price $620,000

373 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of May 2019

Great Investment Opportunity! High cap rates! High occupancy rates! Strong rental history! Can provide rent rolls upon request.

Last Agent to Sell the Property

Josh Hill

Joshua Mitchell Real Estate License #284830 Listed on: 02/27/2018

Last Buyer's Agent

David Wilson

Kamllands Realty License #53154

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,701

Year Built

  • Built in 1982

Parking

  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0501800000069
  • 1% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,701

Year Built

Built in 1982

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: subject to survey
  • Directions: From I -85 N, take exit 94 for Old US 64, left onto Old Raleigh Rd/E Old US Highway 64, left onto E Center St Ext, left onto Random Dr
  • Year Built: 1982
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_AdCopy: Great Investment Opportunity! High cap rates! High occupancy rates! Strong rental history!
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater

Exterior Features

  • Pool Features: None
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Paved

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0501800000069
  • Zoning: RM1
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 4701.45
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.63
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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
06/16/2021 06/16/21 Off Market $620,000 -- --
05/28/2019 05/28/19 Sold $620,000 +220.1% --
09/01/2016 09/01/16 Sold $193,683 -90.5% -- View Prior Sale
08/12/2016 08/12/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $2,044,977 -- --
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 $1,220 $184,840 $0 $0
2024 $1,165 $184,840 $0 $0
2023 $1,185 $187,960 $0 $0
2022 $1,185 $187,960 $0 $0
2021 $1,185 $187,960 $0 $0
2020 $1,212 $192,240 $0 $0
2019 $1,211 $192,240 $0 $0
2018 $1,211 $192,240 $0 $0
2017 $1,211 $192,240 $0 $0
2016 $1,211 $192,240 $0 $0
2015 $1,173 $192,240 $0 $0
2014 $1,306 $214,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 876066

Triad MLS
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