NOT LISTED FOR SALE

507 Simerson Rd Lexington, NC 27295

Estimated Value: $226,000 - $337,000

3 Beds
2 Baths
1,839 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $108,000 $59 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,645/month

167 Days on Market

Highlights

  • Partially Wooded Lot
  • Kitchen Island
  • Carpet
  • No HOA
  • Outdoor Storage

About This Home

As of February 2015

Move in to this LIKE NEW 3 BR,2B totally refurbished home.. situated on 1.5 acres. Additional adjoining acreage with stocked pond can be purchased for $20,000. Bright ,sunny and very tastefully decorated in neutrals.

Last Agent to Sell the Property

Sandra Snyder

Center Towne Realtors License #187888 Listed on: 08/01/2014

Last Buyer's Agent

Michael Byrd

Stan Byrd & Associates License #154811

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $796

Year Built

  • Built in 1998

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 210.06 x 208 x 209
  • Cleared Lot
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,839 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Kitchen Island
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Outdoor Storage

Schools

  • West Middle School
  • West Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • 1% Total Tax Rate

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$796

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Modular
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Lot Size: 210.06 x 208 x 209
  • Directions: Hwy 150 South ...Right on Simerson Road....house on Left
  • Above Grade Finished Sq Ft: 1839
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1998
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1839
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Soaking Tub, Kitchen Island, Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1839
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Lot Features: Cleared, Partially Wooded
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • High School: West Davidson
  • Middle Or Junior School: West

Lot Info

  • Zoning: RS
  • TRIADMLS_DeedPage: 0684
  • TRIADMLS_DeedBook: 2146

Tax Info

  • Tax Annual Amount: 796.18
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Horn William Adam and Horn Carrie
Bought by
Collins Logan P
Current Estimated Value
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,818
Outstanding Balance
$174,798
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$87,869

Purchase Details

Listed on
Aug 1, 2014
Closed on
Feb 23, 2015
Sold by
Simerson Curby Lee and Simerson Kendra L
Bought by
Horn William Adam
Seller's Agent
Sandra Snyder
Center Towne Realtors
Buyer's Agent
Michael Byrd
Stan Byrd & Associates
List Price
$139,900
Sold Price
$108,000
Premium/Discount to List
-$31,900
-22.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$110,160
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2014
Closed on
Jun 18, 2014
Sold by
Simerson Curby Lee and Simerson Kendra L
Bought by
Dickens Timothy L and Dickens Suzanne S
Seller's Agent
Furman Burt
Realty Executives W/S
Buyer's Agent
Furman Burt
Realty Executives W/S
List Price
$54,900
Sold Price
$57,000
Premium/Discount to List
$2,100
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
152.49%
Original Mortgage
$65,600
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 7, 2014
Closed on
May 28, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Simerson Curby Lee
Seller's Agent
Furman Burt
Realty Executives W/S
Buyer's Agent
Furman Burt
Realty Executives W/S
List Price
$54,900
Sold Price
$57,000
Premium/Discount to List
$2,100
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
4.28%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 17, 2014
Sold by
Forrester Lisa S and Forrester Anthony S
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 1, 1998
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
Collins Logan P $190,000 None Available
Horn William Adam $108,000 None Available
Dickens Timothy L -- None Available
Simerson Curby Lee -- None Available
Federal Home Loan Mortgage Corporation $115,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Logan P $191,818
Previous Owner Horn William Adam $105,988
Previous Owner Horn William Adam $110,160
Previous Owner Simerson Curby Lee $65,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2015 02/25/15 Sold $108,000 -22.8% $59 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $139,900 +145.4% $76 / Sq Ft
06/18/2014 06/18/14 Sold $57,000 +3.8% $31 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $54,900 -- $30 / 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 $979 $157,820 $0 $0
2023 $979 $157,820 $0 $0
2022 $979 $157,820 $0 $0
2021 $857 $138,150 $0 $0
2020 $796 $128,240 $0 $0
2019 $808 $128,240 $0 $0
2018 $808 $128,240 $0 $0
2017 $808 $128,240 $0 $0
2016 $782 $128,240 $0 $0
2015 $760 $124,610 $0 $0
2014 $796 $130,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 714853

Triad MLS

APN: 04-011-0-000-0044-A-0-0