NOT LISTED FOR SALE

498 E Holly Grove Rd Lexington, NC 27292

Estimated Value: $252,000 - $347,000

2 Beds
1.5 Baths
2,200 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $238,000 $108 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,642/month

47 Days on Market

Highlights

  • Living Room with Fireplace
  • Solid Surface Countertops
  • Attached Carport
  • Attic
  • No HOA
  • Outdoor Storage

About This Home

As of June 2022

This is what dreams are made of! This brick ranch has SO MUCH potential. Situated on 1.49 acres in the very desirable Holly Grove area. Here you will find a spacious kitchen, 2 separate living areas, a formal dining room, & a floored attic space that could be converted into a large bonus room. Enjoy the privacy of the backyard and use the storage building for gardening tools & lawn equipment. The attached carport is spacious & will easily store 2 vehicles. If you are looking for significant space with major potential at a great price, you've found it! Being sold AS IS!

Last Agent to Sell the Property

Jenna Younts

J. Marshall Realty License #303110 Listed on: 04/14/2022

Last Buyer's Agent

Susan Parker

The Real Estate Works License #171176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1949

Lot Details

  • 1.49 Acre Lot
  • Lot Dimensions are 129.48 x 363.56 x 186.58 x 148.98
  • Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned RA3

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,085 Sq Ft Home
  • 1,800-2,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Carpet
  • Unfinished Basement
  • Sump Pump
  • Walk-In Attic
  • Storm Doors
  • Solid Surface Countertops
  • Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0500400000062
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.49
  • Lot Size: 129.48 x 363.56 x 186.58 x 148.98
  • Subdivision Name: None
  • Directions: Turn off of new 64 onto E Holly Grove Rd.
  • Above Grade Finished Sq Ft: 2085
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1949
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1800 - 2200
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Solid Surface Counter
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Den, Living Room
  • Fireplaces: 2
  • Living Area: 2085
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Lot Features: Level, Partially Cleared
  • Pool Features: None
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Davis-Townsend
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 0500400000062
  • Zoning: RA3
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 998.14
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jun 9, 2022
Sold by
Thomas Renee C
Bought by
Smith Shannon Robert
Seller's Agent
Jenna Younts
J. Marshall Realty
Buyer's Agent
Susan Parker
The Real Estate Works
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%
Current Estimated Value
$296,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,312
Avg. Annual Appreciation
6.68%
Original Mortgage
$190,400
Outstanding Balance
$181,103
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$115,209

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 12, 2022
Sold by
Tesh Pamela C
Bought by
Thomas Renee C
Seller's Agent
Jenna Younts
J. Marshall Realty
Buyer's Agent
Susan Parker
The Real Estate Works
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Outstanding Balance
$181,103
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$115,209

Purchase Details

Closed on
Feb 15, 2006
Sold by
Crotts Bruce S and Crotts Doris L
Bought by
Thomas Renee C
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
Smith Shannon Robert $238,000 Sink Irvin R
Thomas Renee C -- Sink Irvin R
Thomas Renee C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Shannon Robert $190,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $238,000 -4.8% $132 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $249,900 -- $139 / 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
2025 $1,053 $167,080 $0 $0
2024 $1,053 $167,080 $0 $0
2023 $1,053 $167,080 $0 $0
2022 $1,015 $160,990 $0 $0
2021 $983 $160,990 $0 $0
2020 $909 $148,850 $0 $0
2019 $923 $148,850 $0 $0
2018 $923 $148,850 $0 $0
2017 $923 $148,850 $0 $0
2016 $923 $148,850 $0 $0
2015 $923 $148,850 $0 $0
2014 $887 $143,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jenna Younts

    J. Marshall Realty

    (336) 764-0000

    125 Total Sales

    Jenna Younts
    Section Image

  • S

    Buyer's Agent in 2022

    Susan Parker

    The Real Estate Works

    (336) 909-1566

    111 Total Sales

    Susan Parker
    Section Image
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Map

Source: Triad MLS

MLS Number: 1065731

Triad MLS

APN: 05-004-0-000-0062-0-0-0

North Carolina Davidson County Lexington 27292

498 E Holly Grove Rd, Lexington, NC

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