NOT LISTED FOR SALE

712 Martin Luther King jr Blvd Lexington, NC 27292

Estimated Value: $319,021

-- Bed
2 Baths
6,750 Sq Ft
$47/Sq Ft Est. Value

Last Sold April 09, 2012

Last sale price $75,000 $11 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $1,811/month

14 Days on Market

About This Home

As of April 2012

Forclosure, Sold As IS

Last Buyer's Agent

Tony Hendrix

Robertson Realty License #154609

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,160

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 124x181x124x181
  • Property is zoned City

Community Details

  • 6,750 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 11038000G0012B00

Property Details

Property Type

Other

Est. Annual Taxes

$1,160

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment
  • Lot Size: 124X181X124X181
  • Directions: From Main St. take E 5th St. which will become Raleigh Rd. Property will be in 700 block on left.
  • Year Built: 1954
  • TRIADMLS_CityLimitsYN: Yes
  • Special Features: None

Exterior Features

  • Lot Features: City Lot

Utilities

  • Sewer: Public
  • Water Source: Municipal On Site

Lot Info

  • Parcel #: 11038000G0012B00
  • Zoning: City

Tax Info

  • Tax Annual Amount: 1160.34
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Lee Yong Hui
Bought by
Kom Bunsong and Kom Davy
Current Estimated Value
$319,021

Purchase Details

Closed on
Jan 22, 2020
Sold by
Renzi Chong Ye and Renzi Alfredo
Bought by
Lee Yong Hui

Purchase Details

Closed on
Jan 23, 2013
Sold by
Warden Song and Warden Song H
Bought by
Renzi Chong Ye

Purchase Details

Listed on
Jan 25, 2012
Closed on
Mar 20, 2012
Sold by
Lsb Properties Inc
Bought by
Warden Song
Buyer's Agent
Tony Hendrix
Robertson Realty
List Price
$115,000
Sold Price
$75,000
Premium/Discount to List
-$40,000
-34.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$52,500
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 23, 2010
Sold by
Newbridge Bank
Bought by
Lsb Properties Inc

Purchase Details

Closed on
May 14, 2010
Sold by
Riddle John C and Clark Donna M
Bought by
Newbridge Bank

Purchase Details

Closed on
Dec 28, 2006
Sold by
Everhart Investments Llc
Bought by
Tram Lam and Riddle John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2001
Sold by
Burkhart Woodrow
Bought by
Everhart Investments Llc

Purchase Details

Closed on
Mar 1, 1999
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
Kom Bunsong $270,000 Chicago Title
Kom Bunsong $270,000 Chicago Title
Lee Yong Hui -- None Available
Renzi Chong Ye $75,000 None Available
Warden Song $75,000 None Available
Lsb Properties Inc -- None Available
Newbridge Bank $315,800 None Available
Tram Lam $725,000 None Available
Everhart Investments Llc $57,000 --
-- $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warden Song $52,500
Previous Owner Tram Lam $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2012 04/09/12 Sold $75,000 -34.8% $11 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $115,000 -- $17 / 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 $1,650 $126,910 $0 $0
2024 $1,650 $126,910 $0 $0
2023 $968 $74,430 $0 $0
2022 $968 $74,430 $0 $0
2021 $968 $74,430 $0 $0
2020 $978 $75,790 $0 $0
2019 $993 $75,790 $0 $0
2018 $993 $75,790 $0 $0
2017 $993 $75,790 $0 $0
2016 $993 $75,790 $0 $0
2015 $955 $75,790 $0 $0
2014 $1,220 $96,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 632350

Triad MLS

APN: 11-038-0-00G-0012-B-0-0