NOT LISTED FOR SALE

588 Jim Bell Rd Lexington, NC 27292

Estimated Value: $144,000 - $229,000

1 Bed
1 Bath
1,200 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $107,000 $89 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $994/month

20 Days on Market

Highlights

  • Partially Wooded Lot
  • Main Floor Primary Bedroom
  • Porch
  • Southwood Elementary School Rated 9+
  • No HOA
  • Tile Flooring

About This Home

As of March 2021

Priced below tax value! Investment property, rental opportunity or starter home potential with this property! This home features large rooms, 2 bedroom (possible 3), 1 bath, metal roof and a large laundry area. 5.7 acres - Land extends in front of the house across the street. **Land extends across the street and can be subdivided and sold separately from the house** House $54,000 (with estimated 2 acres) and Land $21,000 (estimate of 3.70 acres). Home being sold 'As is, where is'.

Last Agent to Sell the Property

Ashley Lay

Keller Williams Realty Elite License #241871 Listed on: 01/06/2021

Keller Williams Realty Elite

Last Buyer's Agent

Heather Busnack

eXp Realty License #272717

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1970

Lot Details

  • 5.2 Acre Lot
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RS

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,067 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Dining Room with Fireplace
  • Pull Down Stairs to Attic
  • Free-Standing Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0601100000007A00
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 5.2
  • Subdivision Name: None
  • Directions: From Hwy 8 South (Cotton Grove Rd) , Rt on Smith Grove Ch Rd, lf on Jim Bell Rd
  • Above Grade Finished Sq Ft: 1067
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Dining Room
  • Fireplaces: 1
  • Living Area: 1067
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Dead End, Level, Partially Cleared, Partially Wooded, Rural, Sloped, Steep Slope
  • Pool Features: None
  • Exclusions: Wood Stove
  • Construction Type: Brick
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Main Level, Washer Hookup
  • Security: Security Lights
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 0601100000007A00
  • Zoning: RS
  • TRIADMLS_AcresRange: 5 - 5

Tax Info

  • Tax Annual Amount: 582
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 4, 2021
Sold by
Place Candace Jean and Stephens Justin Grey
Bought by
Johnson Caleb E and Johnson Haley
Seller's Agent
Ashley Lay
Keller Williams Realty Elite
Buyer's Agent
Heather Busnack
eXp Realty
Sold Price
$107,000
Current Estimated Value
$177,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,507
Avg. Annual Appreciation
11.55%
Original Mortgage
$3,113
Outstanding Balance
$2,807
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$174,700

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 30, 2019
Sold by
Crump Theodore Rayvon and Crump Thelma S
Bought by
Place Candace J and Stephens Justin G
Seller's Agent
Connie Victoria
Realty One Group Results
Buyer's Agent
Daniel Gibson
Keller Williams Realty
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.75%
Original Mortgage
$67,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 1957
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
Johnson Caleb E $107,000 None Available
Place Candace J $70,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Caleb E $3,113
Open Johnson Caleb E $103,790
Previous Owner Place Candace J $67,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Off Market $70,000 -- --
03/12/2021 03/12/21 Sold $107,000 +52.9% $119 / Sq Ft
05/30/2019 05/30/19 Sold $70,000 -- $100 / Sq Ft View Prior Sale
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 $760 $118,710 $0 $0
2024 $760 $118,710 $0 $0
2023 $760 $118,710 $0 $0
2022 $760 $118,710 $0 $0
2021 $765 $119,450 $0 $0
2020 $573 $89,490 $0 $0
2019 $634 $97,520 $0 $0
2018 $633 $97,340 $0 $0
2017 $633 $97,340 $0 $0
2016 $633 $97,340 $0 $0
2015 $633 $97,340 $0 $0
2014 $603 $92,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1007780

Triad MLS

APN: 06-011-0-000-0007-A-0-0