NOT LISTED FOR SALE

5529 Old Us Highway 52 Lexington, NC 27295

Estimated Value: $171,000 - $236,000

3 Beds
2 Baths
1,500 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $155,000 $103 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,154/month

4 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • North Davidson Middle School Rated 9+
  • Porch
  • Fenced

About This Home

As of October 2022

Excellent investment opportunity for a rental home or office. Current zoning is OI (Office & Institutional). Property has 120' of frontage on Old US HWY 52 in the town of Welcome. North Davidson Schools. Great visibility from the road with high traffic counts. Level Lot just shy of .5 acres offers plenty of parking space. The 3 bed/2bath home has nice sized rooms with plenty of space. A portion of the property is fenced and would be perfect for a pet or garden. This property offers a lot of of potential and flexibility for the new owner.

Last Agent to Sell the Property

Trey Swicegood

United Country Carolina Properties License #326242 Listed on: 09/23/2022

Last Buyer's Agent

Ernesto Huerto

CASAS CAROLINA REALTY License #311628

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 1938

Lot Details

  • 0.45 Acre Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Property is zoned OI

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,386 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • North Davidson Middle School
  • North Davidson High School

Utilities

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

Community Details

  • No Home Owners Association
  • Welcome View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11311C0000003
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$695

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.446
  • Subdivision Name: Welcome View
  • Directions: From Winston: OLD US HWY 52 S. to Welcome, House will be on Right just after you pass Welcome Elementary School From Lexington: OLD US HWY 52 N. to Welcome, House will be on left just after you pass Greg's Restaurant.
  • Above Grade Finished Sq Ft: 1386
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1938
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1386
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Welcome
  • High School: North Davidson
  • Middle Or Junior School: North Davidson

Lot Info

  • Parcel #: 11311C0000003
  • Zoning: OI
  • TRIADMLS_PricePerAcre: 347533.6323
  • TRIADMLS_PlatPage: 47
  • TRIADMLS_DeedPage: 0311
  • TRIADMLS_DeedBook: 1213
  • TRIADMLS_PlatBook: 3
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 695.04
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Oct 12, 2022
Sold by
Edwards Gary Ryan and Edwards Stephanie
Bought by
Ramirez Marquina Gregorio and Ramirez Evelia Vergara-Campos
Seller's Agent
Trey Swicegood
United Country Carolina Properties
Buyer's Agent
Ernesto Huerto
CASAS CAROLINA REALTY
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Views
66
Current Estimated Value
$202,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,413
Avg. Annual Appreciation
10.87%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Wilkes Kenneth L
Bought by
Wilkes Dorcas G

Purchase Details

Closed on
Apr 1, 1995

Purchase Details

Closed on
Apr 1, 1990
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
Ramirez Marquina Gregorio $155,000 --
Wilkes Dorcas G -- --
-- $39,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $155,000 -6.1% $129 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/26/2022 09/26/22 For Sale $165,000 -- $138 / 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 $705 $110,040 $0 $0
2023 $705 $110,060 $0 $0
2022 $685 $106,930 $0 $0
2021 $685 $106,930 $0 $0
2020 $540 $84,300 $0 $0
2019 $548 $84,300 $0 $0
2018 $543 $83,580 $0 $0
2017 $543 $83,580 $0 $0
2016 $499 $76,720 $0 $0
2015 $499 $76,720 $0 $0
2014 $696 $108,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Trey Swicegood

    United Country Carolina Properties

    (336) 863-3308

    2 in this area

    43 Total Sales

    Trey Swicegood
    Section Image

  • E

    Buyer's Agent in 2022

    Ernesto Huerto

    CASAS CAROLINA REALTY

    (336) 287-4416

    1 in this area

    4 Total Sales

    Ernesto Huerto
    Section Image
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Map

Source: Triad MLS

MLS Number: 1084962

Triad MLS

APN: 11-311-C-000-0003-0-0-0

North Carolina Davidson County Lexington 27295

5529 Old Us Highway 52, Lexington, NC

This home is located at 5529 Old Us Highway 52, Lexington, NC 27295 since 23 September 2022 and is currently estimated at $202,413, approximately $134 per square foot. This property was built in 1938. 5529 Old Us Highway 52 is a home located in Davidson County with nearby schools including Welcome Elementary School, North Davidson Middle School, and North Davidson High School.

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