NOT LISTED FOR SALE

503 Burgess St Lexington, NC 27292

Estimated Value: $70,000 - $112,766

2 Beds
1 Bath
1,284 Sq Ft
$65/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $7,500 $6 Per Sq Ft

Est. 1,019% increase in value since last sale

Current estimated payment $484/month

1 Day on Market

Highlights

  • No HOA
  • Porch
  • Fenced
  • Cottage
  • Shed
  • Carpet

About This Home

As of March 2013

Priced to move quickly! This bank-owned 2BR/1BA would make a good rental property. Large bedrooms. Kitchen/Dining combo. Washer/Dryer hook-ups in kitchen. Concrete block storage bldg in fenced backyard. Handicap accessible ramps on front & rear of home. Needs repairs. No appliances. Monogram gas furnace in LR-condition unknown. Gas water heater-condition unknown. Sold AS-IS.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Fenced
  • Property is zoned TN

Parking

  • No Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Humphrey Land Section C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11038000C0004000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 100 x 150
  • Subdivision Name: Humphrey Land Section C
  • Directions: N Main to E 5th St, E 5th turns into Raleigh Rd, Left on Burgess St, House on Right.
  • Above Grade Finished Sq Ft: 1284
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1900
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1284
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Gas
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1284
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Fenced, Porch, Storage Building(s)
  • Fencing: Fenced
  • Lot Features: City Lot
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public
  • Cooling: None
  • Heating: See Remarks, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 11038000C0004000
  • Zoning: TN
  • TRIADMLS_PlatPage: 19
  • TRIADMLS_DeedPage: 951
  • TRIADMLS_DeedBook: 2092
  • TRIADMLS_PlatBook: 1

Tax Info

  • Tax Annual Amount: 418.45
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Palacios Monica Montanez and Hurtado Ramiro
Bought by
Euceda Thomas Midence and Murillo Ana Mercedes
Current Estimated Value
$83,942

Purchase Details

Closed on
May 6, 2021
Sold by
Hao Somkhuon and Hao Ingyuon
Bought by
Palacios Monica Montanez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 12, 2018
Sold by
Freeman Billy S and Freeman Tracie
Bought by
Hao Somkhuon and Hao Ingyon

Purchase Details

Closed on
Jul 16, 2014
Sold by
Freeman Billy S and Freeman Tracie
Bought by
Freeman Billy S and Freeman Danny G

Purchase Details

Listed on
Mar 6, 2013
Closed on
Mar 13, 2013
Sold by
Branch Banking And Trust Co
Bought by
Freeman Billy B and Spurrier Dany G
List Price
$9,900
Sold Price
$7,500
Premium/Discount to List
-$2,400
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.07%

Purchase Details

Listed on
Mar 6, 2013
Closed on
Feb 27, 2013
Sold by
Shaver Margaret
Bought by
Branch Banking And Trust Co
List Price
$9,900
Sold Price
$7,500
Premium/Discount to List
-$2,400
-24.24%
Source: Public Records

Range of Values:

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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
Euceda Thomas Midence -- Accommodation
Palacios Monica Montanez $51,000 Accommodation
Palacios Monica Montanez $51,000 Chicago Title
Hao Somkhuon $9,000 None Available
Freeman Billy S -- None Available
Freeman Billy B $7,500 None Available
Branch Banking And Trust Co $10,510 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palacios Monica Montanez $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $7,500 -24.2% $6 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $9,900 -- $8 / 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 -- $40,510 $0 $0
2024 $527 $40,510 $0 $0
2023 $527 $40,510 $0 $0
2022 $527 $40,510 $0 $0
2021 $527 $40,510 $0 $0
2020 $438 $33,980 $0 $0
2019 $445 $33,980 $0 $0
2018 $445 $33,980 $0 $0
2017 $445 $33,980 $0 $0
2016 $445 $33,980 $0 $0
2015 $428 $33,980 $0 $0
2014 $418 $33,210 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 666383

Triad MLS

APN: 11-038-0-00C-0004-0-0-0

North Carolina Davidson County Lexington 27292

503 Burgess St, Lexington, NC

This home is located at 503 Burgess St, Lexington, NC 27292 since 06 March 2013 and is currently estimated at $83,942, approximately $65 per square foot. This property was built in 1900. 503 Burgess St is a home located in Davidson County with nearby schools including South Lexington School, Lexington Middle School, and Lexington Senior High School.

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