NOT LISTED FOR SALE

708 W 5th Ave Lexington, NC 27292

Estimated Value: $132,000 - $257,000

3 Beds
2 Baths
1,754 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 10, 2013

Last sale price $25,000 $14 Per Sq Ft

Est. 686% increase in value since last sale

Current estimated payment $1,112/month

15 Days on Market

Highlights

  • 1 Fireplace
  • Attached Carport
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of September 2013

You will enjoy the unlimited possibilities available with this large ranch style home. Spacious 1700+ Sq Ft. with 3 bedrooms and 2 baths with hardwood flooring thorough the home. There is even a detached shop/utility workspace. This home has many many possibilities!! Very short distances to the interstate, restaurants, surrounding parks and even a vineyard! SEE AGENT REMARKS FOR SELLER REQUIREMENTS/INSTRUCTIONS!

Last Buyer's Agent

Carey Rhoades

Look Inc. License #228027

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 0.34 Acre Lot
  • Property is zoned TN

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,754 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • College Hts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1110000110007
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0.34 Acres

Parking

1

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Subdivision Name: College Hts
  • Directions: Hwy 52S, Take exit 89 for US-64. Left onto US-64E, Right onto Forest Hill Rd. Left onto W 5th Avenue. House on left.
  • Above Grade Finished Sq Ft: 1754
  • Unit Levels: One
  • Year Built: 1944
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1754
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1754
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: None

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 1110000110007
  • Zoning: TN

Tax Info

  • Tax Annual Amount: 1184.65
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 1.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2013
Closed on
Aug 21, 2013
Sold by
Bonco Popular
Bought by
Morales Raul
Buyer's Agent
Carey Rhoades
Look Inc.
List Price
$49,900
Sold Price
$25,000
Premium/Discount to List
-$24,900
-49.9%
Current Estimated Value
$196,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,505
Avg. Annual Appreciation
17.96%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Esquivel Evelia and Palacios Carlos
Bought by
Banco Popular North America

Purchase Details

Closed on
Oct 11, 2006
Sold by
Yarbrough Joe A and Yarbrough Barbara A
Bought by
Palacios Carlos R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,625
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1990

Purchase Details

Closed on
Jul 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales Raul $25,000 None Available
Banco Popular North America $96,000 None Available
Palacios Carlos R $97,500 None Available
-- $41,000 --
-- $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palacios Carlos R $92,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2013 09/10/13 Sold $25,000 -49.9% $14 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
08/04/2013 08/04/13 For Sale $49,900 -- $28 / Sq Ft
Source: Triad MLS

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 $1,205 $92,690 $0 $0
2024 $1,205 $92,690 $0 $0
2023 $1,205 $92,690 $0 $0
2022 $1,205 $92,690 $0 $0
2021 $1,205 $92,690 $0 $0
2020 $942 $73,010 $0 $0
2019 $956 $73,010 $0 $0
2018 $956 $73,010 $0 $0
2017 $956 $73,010 $0 $0
2016 $956 $73,010 $0 $0
2015 $920 $73,010 $0 $0
2014 $1,185 $94,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 681067

Triad MLS

APN: 11-100-0-011-0007-0-0-0

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