NOT LISTED FOR SALE

405 Owen Rd Lexington, NC 27292

Estimated Value: $217,000 - $282,000

2 Beds
2 Baths
1,300 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $125,000 $96 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,413/month

Highlights

  • No HOA
  • Tile Flooring
  • Attached Carport
  • Porch
  • Kitchen Island
  • Outdoor Storage

About This Home

As of May 2020

Beautiful two bedroom two bath home located in the heart of Southmont within minutes of High Rock lake public accesses, home features an open kitchen and living room with vaulted ceiling, granite counters. This home was built in 2010 and has been very well kept up by its current owners. Beautiful backyard giving the buyer plenty of options for future use. A great starter home for a first-time buyer. Closing cost allowance considered with acceptable offers. The home is located in a USDA eligible area.

Last Agent to Sell the Property

Warren Munger

Connection Realty, LLC License #304226 Listed on: 04/18/2020

Last Buyer's Agent

Breanna Lusk

United Realty Group Inc License #287365

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 2010

Lot Details

  • 1.48 Acre Lot
  • Cleared Lot
  • Property is zoned RA2

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06034C0010016000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 2010

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.48
  • Subdivision Name: None
  • Directions: From Greensboro continue on interstate 85 south exit 91 Hwy 8. Take a left on exit 91 HWY 8 towards Southmont. Take a right onto Owen Road home will be on the left in front of Southmont Elementary.
  • Above Grade Finished Sq Ft: 1152
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2010
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Soaking Tub, Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1152
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southmont
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 06034C0010016000
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 81081.0811
  • TRIADMLS_DeedPage: 2216
  • TRIADMLS_DeedBook: 2208
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 707
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2020
Closed on
May 22, 2020
Sold by
Hogan Anthony R and Hogan Hannah C
Bought by
Ivory Frank and Ivory Rachel
Seller's Agent
Warren Munger
Connection Realty, LLC
Buyer's Agent
Breanna Lusk
United Realty Group Inc
Sold Price
$125,000
Current Estimated Value
$248,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,536
Avg. Annual Appreciation
13.88%
Original Mortgage
$87,500
Outstanding Balance
$77,876
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$171,416

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 21, 2016
Sold by
Linda Carol Damuth
Bought by
Hogan Anthony and Hogan Hannah
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$112,000
Interest Rate
3.59%

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 13, 2013
Sold by
Marker Anthony Clark and Marker Bradley Scott
Bought by
Goodman Roy Edward and Damuth Linda Carol
Buyer's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
List Price
$110,000
Sold Price
$103,000
Premium/Discount to List
-$7,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Jun 7, 2010
Sold by
Marker Rebecca E
Bought by
Marker Rebecca E

Purchase Details

Closed on
Jul 1, 1997
Source: Public Records

Range of Values:

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Average Value
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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
Ivory Frank $125,000 None Available
Hogan Anthony -- --
Goodman Roy Edward $103,000 None Available
Marker Rebecca E -- None Available
-- $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivory Frank $87,500
Previous Owner Hogan Anthony $112,000
Previous Owner Hogan Anthony --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $125,000 +13.6% $125 / Sq Ft
04/21/2016 04/21/16 Sold $110,000 -4.3% $110 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $115,000 +11.7% $115 / Sq Ft
06/13/2013 06/13/13 Sold $103,000 -6.4% $88 / Sq Ft
04/27/2013 04/27/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $110,000 -- $94 / 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
2024 $827 $125,370 $0 $0
2023 $827 $125,370 $0 $0
2022 $827 $125,370 $0 $0
2021 $790 $125,370 $0 $0
2020 $697 $110,530 $0 $0
2019 $707 $110,530 $0 $0
2018 $691 $110,530 $0 $0
2017 $691 $110,530 $0 $0
2016 $644 $102,980 $0 $0
2015 $644 $102,980 $0 $0
2014 $652 $104,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 973071

Triad MLS

APN: 06-034-C-001-0016-0-0-0