NOT LISTED FOR SALE

406 W 3rd Ave Lexington, NC 27292

Estimated Value: $92,000 - $194,000

3 Beds
1 Bath
1,384 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 30, 2012

Last sale price $29,900 $22 Per Sq Ft

Est. 381% increase in value since last sale

Current estimated payment $842/month

63 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Wood Flooring
  • Cottage
  • Outdoor Storage

About This Home

As of January 2012

REDUCED Again Nice Cottage in downtown Lexington/convieniantly located/near downtown shopping/hospitals/offices/ near major roadways.Recent remodeling/three bedrooms/one full bath/storage/washer dryer in back/hardwoods/gas heat/fireplace.Sold As-Is and 2 year HomeProtect Limited Home Warranty.

Last Agent to Sell the Property

Furman Burt

Realty Executives W/S License #190151 Listed on: 11/16/2011

Realty Executives W/S

Co-Listed By

Kathe Crews

Broker Associates, Inc License #254241

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Cottage
  • Masonite

Interior Spaces

  • 1,384 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 18 / 1814-1769
  • Assessor Parcel Number 11009000080018000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: WREX01
  • Co List Office Phone: 336-768-5878
  • Directions: S. Main St.,R-W 3rd Ave.,property on right.
  • Above Grade Finished Sq Ft: 1384
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1384
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Dead Bolt(s)
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1384
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Near Public Transit
  • Construction Type: Masonite
  • Other Structures: Storage

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 11009000080018000
  • Zoning: SFR

Multi Family

  • Existing Lease Type: Not For Lease.

Tax Info

  • Tax Annual Amount: 831
  • Tax Block: 1814-1769
  • Tax Lot: 18
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 1.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2011
Closed on
Jan 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fritts Jan A
Seller's Agent
Furman Burt
Realty Executives W/S
List Price
$44,900
Sold Price
$29,900
Premium/Discount to List
-$15,000
-33.41%
Current Estimated Value
$143,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,955
Avg. Annual Appreciation
11.76%

Purchase Details

Closed on
Aug 29, 2011
Sold by
Green Roger K and Green Kathryn P
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 5, 2007
Sold by
Petrovic Perica and Petrovic Velida
Bought by
Green Roger K and Green Kathryn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2000
Sold by
First Union Home Equity Bank
Bought by
Petrovic Perica and Petrovic Valada

Purchase Details

Closed on
May 25, 2000
Bought by
First Union Home Equity Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fritts Jan A -- None Available
Federal Home Loan Mortgage Corporation $70,776 None Available
Green Roger K $37,000 None Available
Petrovic Perica $29,000 --
First Union Home Equity Bank $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Roger K $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2012 01/30/12 Sold $29,900 -33.4% $22 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
11/16/2011 11/16/11 For Sale $44,900 -- $32 / Sq Ft
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 $1,125 $86,550 $0 $0
2024 $1,125 $86,550 $0 $0
2023 $1,134 $86,550 $0 $0
2022 $1,125 $86,550 $0 $0
2021 $1,125 $86,550 $0 $0
2020 $989 $76,610 $0 $0
2019 $1,004 $76,610 $0 $0
2018 $1,004 $76,610 $0 $0
2017 $1,004 $76,610 $0 $0
2016 $1,004 $76,610 $0 $0
2015 $965 $76,610 $0 $0
2014 $1,004 $79,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Furman Burt

    Seller's Agent in 2012

    Furman Burt

    Realty Executives W/S

    (336) 918-0113

    3 in this area

    57 Total Sales

    Furman Burt
    Section Image

  • K

    Seller Co-Listing Agent in 2012

    Kathe Crews

    Broker Associates, Inc

    (336) 749-1640

    Kathe Crews
    Section Image
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Map

Source: Triad MLS

MLS Number: 627851

Triad MLS

APN: 11-090-0-008-0018-0-0-0

North Carolina Davidson County Lexington 27292

406 W 3rd Ave, Lexington, NC

Not Listed for Sale

Detached

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