NOT LISTED FOR SALE

498 Giles Rd Lexington, NC 27295

Estimated Value: $147,707 - $200,000

2 Beds
1 Bath
1 Sq Ft
$179,677/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2021

Last sale price $114,502 $114,502 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,007 / mo

3 Days on Market

Highlights

  • 2.33 Acre Lot
  • No HOA
  • Vinyl Flooring

About This Home

As of September 2021

Opportunity Knocks! Offering 2.33 acres (combined) for two separate tax parcels, both with houses located on the property. 474 Giles Rd. has a cottage that is not livable without MAJOR REPAIRS. Best use is to demolish the cottage & rebuild. A mobile home was situated in back of this cottage several years ago & remains on the tax card which was never corrected giving incorrect values to the property. Seller makes no representations with regard to the septic system of either. County to provide confirmation if records are available. This property is on the corner of Penny Metcalf & Giles with .79 Acres. The adjoining property, 498 Giles Rd., has a brick house with most of the major components stripped from the basement. It appears to be substantial, but in desperate need of renovations. The 1.52 acre lot also has a mobile home which a buyer may chose to demolish or use as a storage facility. Uncertain if these septics were tied together. BEING SOLD "AS IS".

Last Agent to Sell the Property

Vicki Fleming

Mays Realty License #72232 Listed on: 04/23/2021

Last Buyer's Agent

Rhonda Hobbs

Mays Realty License #279323

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 2.33 Acre Lot
  • Property is zoned RS

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Free-Standing Range
  • Unfinished Basement

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Utilities

  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33 & 34
  • Assessor Parcel Number 1802300000034

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

2.33 Acres

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2.33
  • Subdivision Name: None
  • Directions: Business 40 to Peter’s Creek Parkway. South on Peters Creek Parkway, Peters Creek becomes Highway 150. Take 150 to Tyro. Turn right on Giles Rd. Home on Right.
  • Above Grade Finished Sq Ft: 1
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 100
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range
  • Flooring: Laminate, Vinyl
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Field, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: See Remarks, No Fuel
  • Water Source: Public
  • TRIADMLS_HeatingFuel: No Fuel
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 1802300000034
  • Zoning: RS
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Lot: 33 & 34
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Sep 14, 2021
Sold by
Thompson Bryan C and Estate Of Margaret Beatrice La
Bought by
Davidson Legacy Properties Llc
Seller's Agent
Vicki Fleming
Mays Realty
Buyer's Agent
Rhonda Hobbs
Mays Realty
Sold Price
$114,503
Current Estimated Value
$179,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,174
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Jun 1, 1990

Purchase Details

Closed on
Dec 1, 1975
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
Davidson Legacy Properties Llc $115,000 None Available
-- $28,000 --
-- $16,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $114,503 -- $114,503 / 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 $643 $105,220 $0 $0
2024 $655 $107,260 $0 $0
2023 $655 $107,260 $0 $0
2022 $655 $107,260 $0 $0
2021 $655 $107,260 $0 $0
2020 $311 $86,980 $0 $0
2019 $316 $86,980 $0 $0
2018 $316 $86,980 $0 $0
2017 $316 $86,980 $0 $0
2016 $316 $86,980 $0 $0
2015 $316 $86,980 $0 $0
2014 $313 $88,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1020706

Triad MLS

APN: 18-023-0-000-0034-0-0-0

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