NOT LISTED FOR SALE

602 Park Cir Lexington, NC 27295

Estimated Value: $94,000 - $123,000

1 Bed
1 Bath
824 Sq Ft
$131/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $39,000 $47 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $586/month

355 Days on Market

Highlights

  • The property is located in a historic district
  • Attic
  • Cottage
  • Main Floor Primary Bedroom
  • No HOA
  • Porch

About This Home

As of March 2012

Cute as a button cottage in newly renovated area of Erlanger Mills. Perfect for 1st time buyer.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $469

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 85x133x70x98
  • Level Lot
  • Cleared Lot
  • Property is zoned TN

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 824 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Crawl Space
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Erlanger Mills Inc Prop Sec 01 Subdivision

Listing and Financial Details

  • Legal Lot and Block 0119 / 001
  • Assessor Parcel Number 1100700010119000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$469

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 85x133x70x98
  • Subdivision Name: Erlanger Mills Inc Prop Sec 01
  • Directions: Hwy 150 south, (west), Left on West Center Street Ext., Left on Swing Dairy Road, Left on Park Circle.
  • Above Grade Finished Sq Ft: 824
  • Architectural Style: Cottage
  • Unit Levels: One
  • Year Built: 1912
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 824
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Dryer Connection, Washer Connection
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Insulated Door(s)
  • Living Area: 824
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Paved Drive, Porch
  • Fencing: None
  • Lot Features: City Lot, Historic District, Level, Cleared
  • Construction Type: Wood Siding
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: Paved Drive, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Washer Connection
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric
  • Energy Features: Insulated Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 1100700010119000
  • Zoning: TN

Tax Info

  • Tax Annual Amount: 469
  • Tax Block: 001
  • Tax Lot: 0119
  • Tax Map Number: 007
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 1.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2011
Closed on
Mar 12, 2012
Sold by
City Of Lexington
Bought by
Bartley Mary Bame
List Price
$49,900
Sold Price
$39,000
Premium/Discount to List
-$10,900
-21.84%
Current Estimated Value
$107,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,751
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Feb 10, 2010
Sold by
Summers John E and Summers Vera P
Bought by
City Of Lexington

Purchase Details

Closed on
Mar 1, 1993
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
Bartley Mary Bame $39,000 None Available
City Of Lexington -- None Available
-- $13,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $39,000 -21.8% $47 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
03/18/2011 03/18/11 For Sale $49,900 -- $61 / 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 $261 $45,090 $0 $0
2024 $261 $45,090 $0 $0
2023 $261 $45,090 $0 $0
2022 $261 $45,090 $0 $0
2021 $261 $45,090 $0 $0
2020 $165 $37,800 $0 $0
2019 $168 $37,800 $0 $0
2018 $168 $37,800 $0 $0
2017 $168 $37,800 $0 $0
2016 $168 $37,800 $0 $0
2015 $161 $37,800 $0 $0
2014 $241 $44,160 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 607342

Triad MLS

APN: 11-007-0-001-0119-0-0-0