NOT LISTED FOR SALE

725 Lanier Rd Lexington, NC 27295

Estimated Value: $400,000 - $482,000

3 Beds
4 Baths
2,300 Sq Ft
$194/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $285,000 $124 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,630/month

79 Days on Market

Highlights

  • Living Room with Fireplace
  • Solid Surface Countertops
  • Balcony
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2020

Absolutely gorgeous home with real hardwood and tile throughout. Enjoy your 3 level decking with balcony and covered/screened in porch overlooking the 1.29+/- acre private lot with creek and fruit trees. Updated kitchen with granite and stainless appliances. Sitting room and gas logs in master and living room. Oversized garage and lofted shed for your storage needs. Large bonus room and approx. 600sq.ft. of partially finished walkout basement not reflected in the total Sq.Ft. Perfect media/game rooms!

Last Agent to Sell the Property

Kenny Osborne

Partners Real Estate License #270791 Listed on: 01/31/2020

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 2006

Lot Details

  • 1.29 Acre Lot
  • Property is zoned RA 1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,100 Sq Ft Home
  • 1,800-2,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lingle Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18008A0000015
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,195

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.29
  • Subdivision Name: Lingle Farms
  • Directions: From Lexington: Head west on Hwy 64. Turn left on Yadkin College Rd. Travel approx. 0.6 mile and turn right onto Old Hwy 64. Travel approx. 0.3 mile and turn left onto Lanier Rd. Travel approx. 0.6 miles and home will be on the left.
  • Above Grade Finished Sq Ft: 2100
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2006
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Separate Shower, Solid Surface Counter
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room, Primary Bedroom
  • Fireplaces: 2
  • Living Area: 2100
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Balcony, Lighting, Garden, Remarks
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 18008A0000015
  • Zoning: RA 1
  • TRIADMLS_PricePerAcre: 228682.1705
  • TRIADMLS_DeedPage: 1275
  • TRIADMLS_DeedBook: 2192
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1195.26
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 25, 2020
Sold by
Petro Joseph Paul and Petro Heidi Louise
Bought by
Ernest Henry Allen
Seller's Agent
Kenny Osborne
Partners Real Estate
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$285,000
Total Days on Market
79
Current Estimated Value
$447,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,113
Avg. Annual Appreciation
9.13%
Original Mortgage
$285,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Deremer Christopher M and Deremer Amy M
Bought by
Petro Jospeh Paul and Petro Heidi Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Duck Everette
Bought by
Deremer Christopher M and Deremer Amy M

Purchase Details

Closed on
May 1, 1996

Purchase Details

Closed on
Jun 1, 1994
Source: Public Records

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Range of Values:

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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
Ernest Henry Allen $285,000 None Available
Petro Jospeh Paul $200,000 Attorney
Deremer Christopher M $20,000 None Available
-- $15,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Ernest Henry $48,000
Open Ernest Henry Allen $317,775
Closed Ernest Henry Allen $285,000
Previous Owner Petro Jospeh Paul $140,000
Previous Owner Deremer Christopher M $138,000
Previous Owner Deremer Christopher M $10,000
Previous Owner Deremer Christopher M $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $285,000 -- $158 / 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
2024 $1,456 $283,360 $0 $0
2023 $1,704 $288,290 $0 $0
2022 $1,704 $288,290 $0 $0
2021 $1,704 $288,290 $0 $0
2020 $1,177 $199,210 $0 $0
2019 $1,195 $199,210 $0 $0
2018 $1,155 $199,210 $0 $0
2017 $1,155 $199,210 $0 $0
2016 $1,155 $199,210 $0 $0
2015 $1,207 $198,200 $0 $0
2014 $1,134 $195,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 965129

Triad MLS

APN: 18-008-A-000-0015-0-0-0