NOT LISTED FOR SALE

407 E 1st Ave Lexington, NC 27292

Estimated Value: $82,000 - $131,805

2 Beds
1 Bath
1,200 Sq Ft
$89/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2022

Last sale price $63,500 $53 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $631 / mo

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Attached Garage
  • Attic
  • Porch
  • Forced Air Heating System

About This Home

As of October 2022

Adorable rancher with full basement, hardwood floors, and attached garage. Lots of potential in this well-loved home in convenient location to schools, highways, and businesses. Needs some work, as-is sale.

Last Agent to Sell the Property

Jessica Pherson

Fierce Real Estate License #296917 Listed on: 09/15/2022

Last Buyer's Agent

Brandi Frey

Wilson Realty Co, LLC License #320716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1950

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 78 x 119 x 67 x 142
  • Cleared Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,118 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Free-Standing Range
  • Washer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 1107600000037000

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1950

Lot Details

9,148 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Lot Size: 78 x 119 x 67 x 142
  • Subdivision Name: None
  • Directions: from W Center St make right on Fairview, left onto E 1st St Ext, house on right
  • Above Grade Finished Sq Ft: 1118
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1118
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Cleared
  • Pool Features: None
  • Construction Type: Aluminum Siding, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 1107600000037000
  • Zoning: B
  • TRIADMLS_PlatPage: 44
  • TRIADMLS_PlatBook: 5
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 350
  • Tax Lot: 37
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 4, 2022
Sold by
Surratt Todd J
Bought by
Delcid Wilmer Danilo Madri and Lopez Nery Xiomara
Seller's Agent
Jessica Pherson
Fierce Real Estate
Buyer's Agent
Brandi Frey
Wilson Realty Co, LLC
List Price
$60,000
Sold Price
$63,500
Premium/Discount to List
$3,500
5.83%
Views
18
Current Estimated Value
$106,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,951
Avg. Annual Appreciation
16.00%

Purchase Details

Closed on
Apr 26, 2007
Sold by
Smith Doris P
Bought by
Grainger Robin C and Carpenter Justin J

Purchase Details

Closed on
Apr 8, 2002
Sold by
Beacon Light Properties Llc
Bought by
Smith Doris P

Purchase Details

Closed on
Oct 1, 1997

Purchase Details

Closed on
Apr 1, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delcid Wilmer Danilo Madri $70,000 --
Surratt Todd J $63,500 --
Grainger Robin C -- None Available
Smith Doris P $53,000 --
-- $32,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Delcid Wilmer Danilo Madri $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $63,500 +5.8% $64 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $60,000 -- $60 / 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 $701 $53,890 $0 $0
2024 $701 $53,890 $0 $0
2023 $701 $53,890 $0 $0
2022 $350 $53,890 $0 $0
2021 $350 $53,890 $0 $0
2020 $382 $54,630 $0 $0
2019 $388 $54,630 $0 $0
2018 $388 $54,630 $0 $0
2017 $388 $54,630 $0 $0
2016 $388 $54,630 $0 $0
2015 $373 $54,630 $0 $0
2014 $372 $54,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1084193

Triad MLS

APN: 11-076-0-000-0037-0-0-0

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