M
Seller's Agent in 2018
Michelle Goins
Home Heritage Properties LLC
(336) 934-2384
1 in this area
10 Total Sales
404 Cedar Dr Lexington, NC 27292
Estimated Value: $183,000 - $260,000
2
Beds
1
Bath
1,500
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- 1.49 Acre Lot
- Wood Flooring
- No HOA
- Southwood Elementary School Rated 9+
- Attic
- Porch
About This Home
As of November 20182BR/1BA brick ranch home on 1.49 acres, great starter home or for an investor, needs repairs and updates. Per telephone conversation with an associate with the City of Lexington Planning and Zoning the lot next to this property can be subdivided to build a house.
Last Agent to Sell the Property
Home Heritage Properties LLC License #213417 Listed on: 10/14/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $755
Year Built
- Built in 1962
Lot Details
- 1.49 Acre Lot
- Lot Dimensions are 169 x 338 x 196 x 343
- Fenced
- Level Lot
- Property is zoned MU
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,396 Sq Ft Home
- 1,200-1,500 Sq Ft Home
- Property has 1 Level
- Den with Fireplace
- Dryer Hookup
- Attic
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- No Garage
- Driveway
Outdoor Features
- Outdoor Storage
- Porch
Schools
- Lexington City Middle School
- Lexington City High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 11345f0000234
- 1% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2018
Closed on
Nov 16, 2018
Sold by
U S Bank Na
Bought by
Soto Pedro Alvarez and Contreras Ignacia Guido
Seller's Agent
Michelle Goins
Home Heritage Properties LLC
Buyer's Agent
Marco Mata
Marco’s Realty
List Price
$31,200
Sold Price
$37,000
Premium/Discount to List
$5,800
18.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,057
Avg. Annual Appreciation
29.05%
Purchase Details
Closed on
Aug 21, 2018
Sold by
Vernon Michael and Vernon Meredith
Bought by
Us Bank National Association and Home Equity Asset Trust
Purchase Details
Closed on
Feb 14, 2005
Sold by
Vernon Robert C and Vernon Connie J
Bought by
Vernon Michael and Vernon Meredith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
7.74%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 1997
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Soto Pedro Alvarez | $37,000 | Servicelink Llc | |
| Us Bank National Association | $94,500 | None Available | |
| Vernon Michael | $92,000 | None Available | |
| -- | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vernon Michael | $73,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2018 11/28/18 | Sold | $37,000 | +18.6% | $31 / Sq Ft |
| 10/30/2018 10/30/18 | Pending | -- | -- | -- |
| 10/14/2018 10/14/18 | For Sale | $31,200 | -- | $26 / Sq Ft |
Source: Triad MLS
Tax History Compared to Growth
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 | $938 | $79,380 | $0 | $0 |
| 2024 | $938 | $79,380 | $0 | $0 |
| 2023 | $938 | $79,380 | $0 | $0 |
| 2022 | $938 | $79,380 | $0 | $0 |
| 2021 | $938 | $79,380 | $0 | $0 |
| 2020 | $744 | $63,460 | $0 | $0 |
| 2019 | $755 | $63,460 | $0 | $0 |
| 2018 | $755 | $63,460 | $0 | $0 |
| 2017 | $755 | $63,460 | $0 | $0 |
| 2016 | $755 | $63,460 | $0 | $0 |
| 2015 | $723 | $63,460 | $0 | $0 |
| 2014 | $1,079 | $94,660 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Goins
-
Marco Mata
M
Buyer's Agent in 2018
Marco Mata
Marco’s Realty
(336) 575-5308
7 in this area
112 Total Sales
Map
Source: Triad MLS
MLS Number: 906800
APN: 11-345-F-000-0234-0-0-0
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