NOT LISTED FOR SALE

489 Tyro School Rd Lexington, NC 27295

Estimated Value: $646,109 - $736,000

2 Beds
2 Baths
2,300 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $359,900 $156 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,953/month

140 Days on Market

Highlights

  • Barn
  • 15.96 Acre Lot
  • Wood Flooring
  • Horses Allowed On Property
  • Wooded Lot
  • No HOA

About This Home

As of January 2017

Beautiful private paradise in the heart of Tyro. Amazing full log home tucked away on 15+ acres w/ serene 6+/- acre pond. Tons of wildlife just outside your door. Huge deck over hanging pond & dock for small boat or great for fishing. 2 lrg bedrooms, 2 baths, plus loft. Large det. workshop garage w/ loft over head for storage or great man cave. Slate floors on main level, huge stone fireplace, very energy efficient w/geothermal HP & passive solar. Feel like you are on vacation all year long!

Last Agent to Sell the Property

Sandy Walker

Leonard Craver Realty Inc License #185809 Listed on: 07/28/2016

Last Buyer's Agent

Sandy Walker

Leonard Craver Realty Inc License #185809 Listed on: 07/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1987

Lot Details

  • 15.96 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned RA2

Parking

  • 2 Car Garage

Home Design

  • Log Cabin
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 2,183 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms

Eco-Friendly Details

  • Solar Heating System
  • Heating system powered by passive solar

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Tyro Middle School
  • West Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 0001A / 002
  • Assessor Parcel Number 18023D002001A
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 15.96
  • Subdivision Name: None
  • Directions: FROM W-S HWY 150 SOUTH (WEST), TO TYRO, RIGHT AT TYRO SCHOOL ROAD, LOOK ON LEFT FOR SPLIT RAIL FENCE W/489. FOLLOW GRAVEL DRIVE WITH GATE BACK TO LOG HOME.
  • Above Grade Finished Sq Ft: 2183
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1987
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Trash Compactor, Cooktop, Dishwasher, Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2183
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Garden
  • Fencing: None
  • Lot Features: Horses Allowed, Wooded, Level
  • Construction Type: Log
  • Foundation Details: Slab
  • Other Structures: Barn(s), Storage

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Attached, Detached
  • Garage Description: Attached Garage, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Ground Water, Heat Pump
  • Heating: Heat Pump, Passive Solar, Electric, Solar
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Solar
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Churchland
  • High School: West Davidson
  • Middle Or Junior School: Tyro

Lot Info

  • Parcel #: 18023D002001A
  • Zoning: RA2
  • TRIADMLS_PricePerAcre: 21923.5589
  • TRIADMLS_PlatPage: 1B
  • TRIADMLS_DeedPage: 416
  • TRIADMLS_DeedBook: 1802
  • TRIADMLS_PlatBook: 1
  • TRIADMLS_AcresRange: 14 - 17

Tax Info

  • Tax Annual Amount: 2300
  • Tax Block: 002
  • Tax Lot: 0001A
  • Tax Map Number: 023
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Leonard Janice B
Bought by
Leonard Janice L and Janice B Leonard Revocable Tru
Current Estimated Value
$675,527

Purchase Details

Listed on
Jul 28, 2016
Closed on
Jan 30, 2017
Sold by
Tracey Michael and Tan Chong Leng
Bought by
Leonard Janice B
Seller's Agent
Sandy Walker
Leonard Craver Realty Inc
Buyer's Agent
Sandy Walker
Leonard Craver Realty Inc
List Price
$349,900
Sold Price
$359,900
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$287,900
Outstanding Balance
$240,951
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$426,248

Purchase Details

Closed on
Jul 16, 2007
Sold by
Thompson Kathy M
Bought by
Tracey Michael and Tan Chong Leng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Leonard Janice L -- None Available
Leonard Janice B $360,000 None Available
Tracey Michael $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Janice B $100,000
Open Leonard Janice B $287,900
Previous Owner Tracey Michael $181,200
Previous Owner Tracey Michael A $220,000
Previous Owner Tracey Michael $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $359,900 +2.9% $189 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $349,900 -- $184 / 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 $3,275 $536,230 $0 $0
2023 $3,275 $536,230 $0 $0
2022 $3,275 $536,230 $0 $0
2021 $2,378 $389,360 $0 $0
2020 $2,145 $351,250 $0 $0
2019 $2,178 $351,250 $0 $0
2018 $2,178 $351,250 $0 $0
2017 $1,943 $313,410 $0 $0
2016 $1,943 $350,170 $0 $0
2015 $2,171 $350,170 $0 $0
2014 $2,199 $354,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 802825

Triad MLS

APN: 18-023-C-003-0001-A-0-0