NOT LISTED FOR SALE

492 Leonard Rd Lexington, NC 27295

Estimated Value: $102,000 - $172,000

2 Beds
1 Bath
1,100 Sq Ft
$129/Sq Ft Est. Value

Last Sold June 17, 2015

Last sale price $30,000 $27 Per Sq Ft

Est. 372% increase in value since last sale

Current estimated payment $824/month

484 Days on Market

Highlights

  • 0.75 Acre Lot
  • Cottage
  • Level Lot
  • No HOA
  • Porch

About This Home

As of June 2015

ZONED INDUSTRIAL. 4 HOMES ON THE PROPERTY. Unique opportunity for a business location or if you're an investor or handy man you could redo the houses and have several rentals. One house is livable but there are 3 properties that are in disrepair that were formerly rental units. Property was rezoned industrial but used residentially at this time. Owner is offering the property as is. MAKE AN OFFER!!

Last Agent to Sell the Property

Kathy Younts

North Davidson Realty License #173763 Listed on: 02/11/2014

Last Buyer's Agent

Kathy Younts

North Davidson Realty License #173763 Listed on: 02/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $749

Year Built

  • Built in 1932

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Property is zoned industrial

Parking

  • No Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 975 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 1132700000034000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$749

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Directions: Hwy 52, L Leonard,
  • Above Grade Finished Sq Ft: 975
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1932
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 975
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Remarks
  • Heating: See Remarks, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1132700000034000
  • Zoning: industrial
  • TRIADMLS_PricePerAcre: 46533.3333
  • TRIADMLS_DeedPage: 1280
  • TRIADMLS_DeedBook: 1284

Tax Info

  • Tax Annual Amount: 749.25
  • Tax Lot: 34
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Shane Hatley Nicholas
Bought by
Lane Cameron Gray
Current Estimated Value
$141,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Outstanding Balance
$50,261
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$73,957

Purchase Details

Listed on
Feb 11, 2014
Closed on
Jun 12, 2015
Sold by
Hill Linda Fave
Bought by
Hatley Nicholas Shane
Seller's Agent
Kathy Younts
North Davidson Realty
Buyer's Agent
Kathy Younts
North Davidson Realty
List Price
$80,000
Sold Price
$30,000
Premium/Discount to List
-$50,000
-62.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
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
Lane Cameron Gray $60,000 Bell Franklin A
Hatley Nicholas Shane $30,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Cameron Gray $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2015 06/17/15 Sold $30,000 -62.5% $38 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
02/11/2014 02/11/14 For Sale $80,000 -- $100 / 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 $619 $95,150 $0 $0
2023 $619 $95,150 $0 $0
2022 $750 $115,310 $0 $0
2021 $727 $115,310 $0 $0
2020 $432 $68,480 $0 $0
2019 $438 $68,480 $0 $0
2018 $420 $65,550 $0 $0
2017 $315 $49,160 $0 $0
2016 $315 $49,160 $0 $0
2015 -- $49,160 $0 $0
2014 -- $117,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kathy Younts

    North Davidson Realty

    (336) 764-5364

    1 Total Sale

    Kathy Younts
    Section Image
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Map

Source: Triad MLS

MLS Number: 697255

Triad MLS

APN: 11-327-0-000-0034-0-0-0

North Carolina Davidson County Lexington 27295

492 Leonard Rd, Lexington, NC

This home is located at 492 Leonard Rd, Lexington, NC 27295 since 11 February 2014 and is currently estimated at $141,690, approximately $128 per square foot. This property was built in 1932. 492 Leonard Rd is a home located in Davidson County with nearby schools including Welcome Elementary School, North Davidson Middle School, and North Davidson High School.

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Triad MLS Copyright 2025 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.

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