$265,000
$5K PRICE DROP

705 W 5th Ave Lexington, NC 27292

Estimated payment $1,562/month

Total Views 13,511
4 Beds
2 Baths
1,778 Sq Ft
$149 Price per Sq Ft

Highlights

  • Built-In Refrigerator
  • No HOA
  • Kitchen Island
  • Wood Flooring
  • Porch
  • Central Air

About This Home

MOTIVATED SELLER! Great starter or investment opportunity! This beautiful home blends timeless charm with modern updates and offers a warm, welcoming feel throughout its open-concept living room, dining area, and kitchen. The updated kitchen features granite countertops, a center island, and stainless-steel appliances that all convey with the sale. With over 1,700 square feet, this 4 bedroom/2 bath home is sure to please. The spacious primary suite includes a walk-in closet and a modern bathroom with granite finishes, while three additional generously sized bedrooms and a second updated bathroom provide plenty of room for family or guests. Step outside to enjoy the expansive wrap-around front porch, a covered back porch and a fully fenced yard, perfect for relaxing or entertaining. Complete with Ring security cameras and exterior floodlights. Ideally located near downtown, shopping, restaurants, and convenient access to I-85, this home offers both comfort and convenience. A Must See!

Listing Agent

Mechelle Kuld

TMR Realty, Inc. License #280063 Listed on: 02/16/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,010

Year Built

  • Built in 1917

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75 x 105
  • Privacy Fence
  • Fenced
  • Property is zoned MU

Home Design

  • Wood Siding

Interior Spaces

  • 1,778 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space
  • Security Lights

Kitchen

  • Free-Standing Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Alley Access
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • College Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1110000080010000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,010

Year Built

Built in 1917

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 75 x 105
  • Subdivision Name: College Heights
  • Directions: From downtown going North, take W 5th Avenue; home on left.
  • Above Grade Finished Sq Ft: 1778
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1917
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Active
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Refrigerator, Dishwasher, Free-Standing Range, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Kitchen Island
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1778
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced, Privacy
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1110000080010000
  • Zoning: MU

Tax Info

  • Tax Annual Amount: 2010
  • Tax Year: 2025
  • TRIADMLS_TaxRate: 1.31

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,995 $153,460 $0 $0
2024 $1,995 $153,460 $0 $0
2023 $1,059 $81,420 $0 $0
2022 $1,059 $81,420 $0 $0
2021 $1,059 $81,420 $0 $0
2020 $849 $65,810 $0 $0
2019 $862 $65,810 $0 $0
2018 $862 $65,810 $0 $0
2017 $862 $65,810 $0 $0
2016 $862 $65,810 $0 $0
2015 $829 $65,810 $0 $0
2014 $570 $45,220 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Price Changed $265,000 -1.9% $149 / Sq Ft
02/16/2026 02/16/26 For Sale $270,000 +3.8% $152 / Sq Ft
12/31/2024 12/31/24 Sold $260,000 0.0% $147 / Sq Ft View Prior Sale
11/17/2024 11/17/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $260,000 +5.1% $147 / Sq Ft
07/14/2023 07/14/23 Sold $247,500 -2.9% $165 / Sq Ft View Prior Sale
06/22/2023 06/22/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $254,900 -- $170 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Listed On Document
Warranty Deed $260,000 None Listed On Document
Warranty Deed $255,000 None Listed On Document
Warranty Deed $255,000 None Listed On Document
Warranty Deed $26,500 Chicago Title Insurance Co
Warranty Deed $18,000 --
Deed $13,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,521 New Conventional
Closed $251,521 New Conventional
Previous Owner $196,400 New Conventional
Source: Public Records

Source: Triad MLS

MLS Number: 1208681

Triad MLS

APN: 11-100-0-008-0010-0-0-0

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