NOT LISTED FOR SALE

510 Cotton Grove Rd Lexington, NC 27292

Estimated Value: $88,000 - $113,000

2 Beds
1.5 Baths
900 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $69,500 $77 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $613/month

98 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Multiple cooling system units
  • No HOA

About This Home

As of July 2022

This 2bed/1.5 bath home will make a great starter home or investment property. The stainless steel kitchen appliances convey. Wood and tile floors throughout. Schedule your showing today! SELLING AS IS

Last Agent to Sell the Property

Mitchell Mullis

Keller Williams Realty License #294902 Listed on: 03/30/2022

Last Buyer's Agent

Kris Childress

Keller Williams Realty License #304534

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $838

Year Built

  • Built in 1907

Lot Details

  • 7,841 Sq Ft Lot
  • Property is zoned TN

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 800 Sq Ft Home
  • 700-900 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Multiple cooling system units
  • Dual Heating Fuel
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1114700010029000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$838

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Subdivision Name: None
  • Directions: Follow I-85 S to NC-8 N/Cotton Grove Rd in Lexington. Take exit 91 from I-85 S Merge onto I-85 S Take exit 91 for NC-8 toward Lexington/Southmont Drive to Cotton Grove Rd Turn right onto NC-8 N/Cotton Grove Rd Keep left to continue on Cotton Grove Rd
  • Above Grade Finished Sq Ft: 800
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1907
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 800
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Cooling: Multiple Systems
  • Heating: Dual Fuel System, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1114700010029000
  • Zoning: TN
  • TRIADMLS_PlatPage: 75
  • TRIADMLS_PlatBook: 2
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 838
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Smith and Jonathan
Bought by
Jebaby Llc
Current Estimated Value
$103,583

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jul 13, 2022
Sold by
Neah Hodgson Kallie
Bought by
Smith Rebecca and Smith Jonathan
Seller's Agent
Mitchell Mullis
Keller Williams Realty
Buyer's Agent
Kris Childress
Keller Williams Realty
List Price
$75,000
Sold Price
$69,500
Premium/Discount to List
-$5,500
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Aug 27, 2019
Sold by
Weik Christina M
Bought by
Hodgson Kallie Neah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,741
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 9, 2016
Closed on
Feb 22, 2017
Sold by
Dezego Timothy P and Dezego Robyn S
Bought by
Weik Christina M
List Price
$59,900
Sold Price
$54,000
Premium/Discount to List
-$5,900
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Oct 8, 2007
Sold by
Aldridge Linda Myers and Aldridge David
Bought by
Myers Alan B and Aldridge Linda Myers

Purchase Details

Closed on
Mar 21, 2003
Sold by
Aldridge Linda Myers Et Als
Bought by
Myers Inez B and Myers Alan B

Purchase Details

Closed on
Jan 17, 2003
Sold by
Myers Alan Et Als
Bought by
Aldridge Linda Myers Et Als

Purchase Details

Closed on
Mar 1, 1992

Purchase Details

Closed on
Dec 1, 1984
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
Jebaby Llc -- --
Jebaby Llc -- None Listed On Document
Smith Rebecca $69,500 Kangur & Porter Llp
Hodgson Kallie Neah $63,000 None Available
Weik Christina M $54,000 None Available
Myers Alan B -- None Available
Myers Inez B -- --
Aldridge Linda Myers Et Als $8,500 --
-- -- --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodgson Kallie Neah $58,741
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2022 07/14/22 Sold $69,500 -7.3% $99 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $75,000 0.0% $107 / Sq Ft
06/16/2022 06/16/22 For Sale $75,000 -11.7% $107 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $84,900 -7.7% $121 / Sq Ft
04/25/2022 04/25/22 Price Changed $92,000 -16.4% $131 / Sq Ft
03/30/2022 03/30/22 For Sale $110,000 +103.7% $157 / Sq Ft
02/23/2017 02/23/17 Sold $54,000 -9.8% $77 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
12/09/2016 12/09/16 For Sale $59,900 -- $86 / 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 $838 $64,420 $0 $0
2024 $838 $64,420 $0 $0
2023 $838 $64,420 $0 $0
2022 $838 $64,420 $0 $0
2021 $838 $64,420 $0 $0
2020 $732 $56,690 $0 $0
2019 $733 $55,990 $0 $0
2018 $726 $55,450 $0 $0
2017 $488 $37,250 $0 $0
2016 $488 $37,250 $0 $0
2015 $469 $37,250 $0 $0
2014 $468 $37,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1063929

Triad MLS

APN: 11-147-0-001-0029-0-0-0