NOT LISTED FOR SALE

405 Douglas Dr Lexington, NC 27295

Estimated Value: $164,291 - $211,000

2 Beds
1 Bath
1,113 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $23,000 $21 Per Sq Ft

Est. 673% increase in value since last sale

Current estimated payment $988/month

7 Days on Market

Highlights

  • Attic
  • Porch
  • Forced Air Heating System
  • No HOA
  • Attached Carport
  • Carpet

About This Home

As of June 2014

Great Deal on this Bank Owned REO Property in Lexington. Property is being sold "As Is" and is subject to HUD Guidelines 24 CFR 206.125. The property must be on market for 3 days before offers can be submitted. Earnest money has to Certified Funds made payable to US Title. Proof of Funds letter or pre-approval must submitted at time of offer.

Last Agent to Sell the Property

Michael Byrd

Stan Byrd & Associates License #154811 Listed on: 05/13/2014

Last Buyer's Agent

Michael Byrd

Stan Byrd & Associates License #154811 Listed on: 05/13/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $547

Year Built

  • Built in 1960

Lot Details

  • 0.38

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,113 Sq Ft Home
  • Property has 1 Level
  • Carpet
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Forced Air Heating System
  • No Heating
  • Well
  • Electric Water Heater

Additional Features

  • Porch
  • 0.38 Acre Lot

Community Details

  • No Home Owners Association
  • Betty Bishop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11331C0020047000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$547

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Subdivision Name: Betty Bishop
  • Directions: Hwy 64 to Bus 85 (29/70), take the Lookout Ave at Lexington BBQ, Lt W Center Street Ext, 2nd RT on Boaze Rd, Rt Douglas Dr, Hse on Rt
  • Above Grade Finished Sq Ft: 1113
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1960
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1113
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1113
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air, Oil
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 11331C0020047000
  • Zoning: res
  • TRIADMLS_PlatPage: 17
  • TRIADMLS_PlatBook: 8

Tax Info

  • Tax Annual Amount: 547.2
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Jun 19, 2014
Sold by
Fannie Mae
Bought by
Jimenez Gilberto Nunez
Seller's Agent
Michael Byrd
Stan Byrd & Associates
Buyer's Agent
Michael Byrd
Stan Byrd & Associates
List Price
$19,800
Sold Price
$23,000
Premium/Discount to List
$3,200
16.16%
Current Estimated Value
$177,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,823
Avg. Annual Appreciation
19.75%

Purchase Details

Closed on
Apr 14, 2014
Sold by
Snider Henry T and Snider Bobby R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 24, 2006
Sold by
Snider Henry T
Bought by
Snider Bobby R and Snider Roger T
Source: Public Records

Range of Values:

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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
Jimenez Gilberto Nunez -- None Available
Federal National Mortgage Association $60,000 None Available
Snider Bobby R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $23,000 +16.2% $21 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $19,800 -- $18 / Sq Ft
Source: Triad MLS

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
2025 $679 $88,400 $0 $0
2024 $679 $88,400 $0 $0
2023 $679 $88,400 $0 $0
2022 $679 $88,400 $0 $0
2021 $662 $88,400 $0 $0
2020 $519 $69,330 $0 $0
2019 $527 $69,330 $0 $0
2018 $517 $68,070 $0 $0
2017 $517 $68,070 $0 $0
2016 $517 $68,070 $0 $0
2015 $517 $68,070 $0 $0
2014 $547 $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Byrd

    Seller's Agent in 2014

    Michael Byrd

    Stan Byrd & Associates

    (336) 442-7669

    2 in this area

    154 Total Sales

    Michael Byrd
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Map

Source: Triad MLS

MLS Number: 706718

Triad MLS

APN: 11-331-C-002-0047-0-0-0

North Carolina Davidson County Lexington 27295

405 Douglas Dr, Lexington, NC

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