NOT LISTED FOR SALE

416 W 7th Ave Lexington, NC 27292

Estimated Value: $106,000 - $185,000

3 Beds
2 Baths
1,040 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2012

Last sale price $40,500 $39 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $867 / mo

105 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • Porch
  • Carpet

About This Home

As of July 2012

3 Bedroom home in the city limits of Lexington. Kitchen/Living Room combo. Needs TLC. List price is under market value. Could go conventional loan. Sold as-is, seller addendum required with accepted offer. Buyer/agent shall verify all systems and information given prior to submitting any offers. EM must be in certified funds. All offers must be pre-qualified.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 14,810 Sq Ft Lot
  • Property is zoned TN

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 11107000A0001000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Directions: Southwest on Main St toward W 3rd St., right onto W 7th Ave. Property will be on the right.
  • Above Grade Finished Sq Ft: 1040
  • Unit Levels: One
  • Year Built: 2005
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1040
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Dryer Connection, Laundry Room - Main Level, Washer Connection
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1040
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Porch
  • Fencing: None
  • Lot Features: City Lot
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • 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 #: 11107000A0001000
  • Zoning: TN

Tax Info

  • Tax Annual Amount: 1040.54
  • Tax Lot: 1
  • Tax Map Number: 11-107
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2012
Closed on
Jul 12, 2012
Sold by
Bought by
List Price
$57,500
Sold Price
$40,500
Premium/Discount to List
-$17,000
-29.57%
Current Estimated Value
$144,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,888
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Feb 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,999
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,100
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$40,500 None Available
$61,783 None Available
$81,000 None Available
$10,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $55,999
Previous Owner $43,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/12/2012 07/12/12 Sold $40,500 -29.6% $39 / Sq Ft
06/28/2012 06/28/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $57,500 -- $55 / Sq Ft
Source: Triad MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,095 $84,200 $0 $0
2024 $1,095 $84,200 $0 $0
2023 $1,095 $84,200 $0 $0
2022 $1,095 $84,200 $0 $0
2021 $1,095 $84,200 $0 $0
2020 $980 $75,960 $0 $0
2019 $995 $75,960 $0 $0
2018 $995 $75,960 $0 $0
2017 $995 $75,960 $0 $0
2016 $971 $74,160 $0 $0
2015 $934 $74,160 $0 $0
2014 $1,075 $85,290 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 637081

Triad MLS

APN: 11-107-0-00A-0001-0-0-0

Your Personal Tour Guide

Ask me questions while you tour the home.