$35,000
SOLD DEC 13, 2018

503 Hoover Dr Lexington, NC 27292

3 Beds
2 Baths
1,300 Sq Ft
1 Acres

Recently Sold

$27 Per Sq Ft

20% Below List Price

8 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Level Lot
  • Main Floor Primary Bedroom
  • Bungalow

About This Home

As of June 2025

great for rental or flip in city limits on Lexington NC

Last Agent to Sell the Property

Justin Sheets

Ward & Ward Properties, LLC License #296491 Listed on: 11/05/2018

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,107

Year Built

  • Built in 1948

Lot Details

  • 1 Acre Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • 1,300 Sq Ft Home
  • Bungalow
  • Frame Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,107

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Medical
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 1
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: home is on the left GPS will take you to the front door
  • Above Grade Finished Sq Ft: 1300
  • Architectural Style: Bungalow
  • Year Built: 1948
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: See Remarks
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1300
  • TRIADMLS_ApproxSqFtRange: 1200 - 1400 SF

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water Source: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: na
  • TRIADMLS_AcresRange: 0-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Jun 5, 2025
Sold by
Nguyen Bien and Nguyen Khamphin
Bought by
Ourng Vichara J
Seller's Agent
Teresa Martin
Land Pro Real Estate, Inc
Buyer's Agent
Teresa Martin
Land Pro Real Estate, Inc
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.56%
Original Mortgage
$15,000
Outstanding Balance
$15,000
Interest Rate
6.76%
Estimated Equity
$153,782

Purchase Details

Listed on
Nov 5, 2018
Closed on
Nov 30, 2018
Sold by
First National Bank Of Pennsylvania
Bought by
Nguyen Bien and Nguyen Keamphin
Seller's Agent
Justin Sheets
Ward & Ward Properties, LLC
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$44,000
Sold Price
$35,000
Premium/Discount to List
-$9,000
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.34%

Purchase Details

Closed on
Sep 18, 2018
Sold by
Gibson Jenny L and Mullins Jeffrey D
Bought by
First National Bank Of Pennsylvania

Purchase Details

Closed on
Mar 1, 1996

Purchase Details

Closed on
Aug 1, 1995

Purchase Details

Closed on
Dec 1, 1994
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 Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Warranty Deed $160,000 None Listed On Document
Warranty Deed $35,000 Chicago Title Insurance Comp
Trustee Deed $22,097 None Available
Warranty Deed $54,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000 No Value Available
Closed $15,000 No Value Available
Open $62,000 New Conventional
Closed $62,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Sold $160,000 -7.0% $125 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $172,000 -1.7% $135 / Sq Ft
03/12/2025 03/12/25 For Sale $175,000 +400.0% $137 / Sq Ft
12/13/2018 12/13/18 Sold $35,000 -20.5% $27 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/05/2018 11/05/18 For Sale $44,000 -- $34 / 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 $1,107 $85,120 $0 $0
2023 $1,115 $85,120 $0 $0
2022 $1,107 $85,120 $0 $0
2021 $1,107 $85,120 $0 $0
2020 $765 $59,310 $0 $0
2019 $777 $59,310 $0 $0
2018 $781 $59,590 $0 $0
2017 $781 $59,590 $0 $0
2016 $781 $59,590 $0 $0
2015 $751 $59,590 $0 $0
2014 $832 $66,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: K65495

Triad MLS

APN: 11-149-0-00E-0028-B-0-0