NOT LISTED FOR SALE

5414 E Us Highway 64 Lexington, NC 27292

Estimated Value: $212,000 - $254,000

2 Beds
1 Bath
1,200 Sq Ft
$194/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $37,000 $31 Per Sq Ft

Est. 529% increase in value since last sale

Current estimated payment $1,287/month

6 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Forced Air Heating and Cooling System
  • Log Cabin

About This Home

As of January 2019

2 bedroom 1 bath log cabin on .71 acres in Lexington. Needs work, but has lots of potential. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition. This property is eligible under the FreddieMac First Look Initiative for Owner Occupants through 1/24/2019. Agents, see Agent Only and Attachments for offer info.

Last Agent to Sell the Property

Courtney Shields

RE/MAX Realty Consultants License #219422 Listed on: 01/04/2019

RE/MAX Realty Consultants

Last Buyer's Agent

Courtney Shields

RE/MAX Realty Consultants License #219422 Listed on: 01/04/2019

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1984

Lot Details

  • 0.71 Acre Lot
  • Property is zoned RA3

Parking

  • Driveway

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,130 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05015C0000003
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.71
  • Subdivision Name: None
  • Directions: 52 South, take exit for NC-8 towards Lexington. Left on NC-8. Take US 64 East. House will be on right just a little past Heath Church.
  • Above Grade Finished Sq Ft: 1130
  • Architectural Style: Log
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1984
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1130
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Log
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 05015C0000003
  • Zoning: RA3
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 534
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Beckelhimer Thomas Lee
Bought by
Gordon Timothy L and Keel Ashley R
Current Estimated Value
$232,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,980
Outstanding Balance
$115,350
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$117,352

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 17, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Beckelhimer Thomas Lee
Seller's Agent
Courtney Shields
RE/MAX Realty Consultants
Buyer's Agent
Courtney Shields
RE/MAX Realty Consultants
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.16%

Purchase Details

Closed on
Aug 14, 2018
Sold by
Waller Gary Dean
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 16, 2003
Sold by
Waller Gary Dean and Karen Rudd
Bought by
Waller Gary Dean

Purchase Details

Closed on
Jan 12, 2001
Bought by
Waller Gary Dean and Karen Rudd

Purchase Details

Closed on
Jul 1, 1979
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
Gordon Timothy L $134,000 None Available
Beckelhimer Thomas Lee -- None Available
Federal Home Loan Mortgage Corporation $49,560 None Available
Waller Gary Dean -- --
Waller Gary Dean $75,000 --
-- $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Timothy L $129,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $37,000 -7.3% $37 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $39,900 -- $40 / 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 $825 $130,910 $0 $0
2024 $825 $130,910 $0 $0
2023 $825 $130,910 $0 $0
2022 $825 $130,910 $0 $0
2021 $799 $130,910 $0 $0
2020 $526 $86,190 $0 $0
2019 $534 $86,190 $0 $0
2018 $534 $86,190 $0 $0
2017 $534 $86,190 $0 $0
2016 $534 $86,190 $0 $0
2015 $534 $86,190 $0 $0
2014 $549 $88,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 913484

Triad MLS

APN: 05-015-C-000-0003-0-0-0