NOT LISTED FOR SALE

498 Giles Rd Lexington, NC 27295

Estimated Value: $171,858 - $214,000

2 Beds
1 Bath
1 Sq Ft
$191,965/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $114,502 $114,503 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,070/month

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".

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
$183,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,296
Avg. Annual Appreciation
12.94%

Purchase Details

Closed on
Jun 1, 1990

Purchase Details

Closed on
Dec 1, 1975
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metcalf Margaret Beatrice $44,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $114,503 -- $114,503 / Sq Ft

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 $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

  • V

    Seller's Agent in 2021

    Vicki Fleming

    Mays Realty

    (336) 940-7050

    4 in this area

    115 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Rhonda Hobbs

    Mays Realty

    1 in this area

    60 Total Sales

    Section Image
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Map

North Carolina Davidson County Lexington 27295

498 Giles Rd, Lexington, NC

This home is located at 498 Giles Rd, Lexington, NC 27295 and is currently estimated at $191,965, approximately $191,965 per square foot. 498 Giles Rd is a home located in Davidson County with nearby schools including Tyro Elementary School, Tyro Middle School, and West Davidson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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