NOT LISTED FOR SALE

730 Palmer Rd Lexington, NC 27292

Estimated Value: $481,000 - $1,393,607

123.36 Acres
$6,668 Price per Acre
5,373,562 Sq Ft Lot

Last Sold September 09, 2020

Last sale price $540,000 $344 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,444/month

1 Day on Market

About This Lot

As of September 2020

Perfect for the buyer that likes privacy ! With over 2400 ft. waterfront, this property is perfect for fishing, canoeing or just relaxing. Home on property with inground pool. Property has been partially timbered.

Last Agent to Sell the Property

Frankie Byrd

Price REALTORS - NC Hwy 8 License #171325 Listed on: 07/24/2020

Last Buyer's Agent

Donna Stone

Price REALTORS - Thomasville License #250733

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $861

Lot Details

  • 123.36 Acre Lot
  • Cleared Lot
  • Property is zoned RA2

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1502800000003

Property Details

Property Type

Land

Est. Annual Taxes

$861

Lot Details

0

Listing Details

  • Property Sub Type: Remarks
  • Prop. Type: Land
  • Lot Size Acres: 123.36
  • Lot Size: 0
  • Road Frontage Type: 2-Lane
  • Road Surface Type: Paved
  • Directions: Hwy.8 S. Left Holloway Church Rd. Left Palmer Rd. Property on right.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Fishery, Single Family

Exterior Features

  • Lot Features: Partially Cleared

Utilities

  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1502800000003
  • Zoning: RA2
  • TRIADMLS_AcresRange: 111 - 130

Tax Info

  • Tax Annual Amount: 861
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 9, 2020
Sold by
Falling Oak Timber Llc
Bought by
Dkc Holdings Llc
Seller's Agent
Frankie Byrd
Price REALTORS - NC Hwy 8
Buyer's Agent
Donna Stone
Price REALTORS - Thomasville
Sold Price
$540,000
Current Estimated Value
$822,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,536
Avg. Annual Appreciation
8.53%
Original Mortgage
$405,000
Outstanding Balance
$324,578
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$497,958

Purchase Details

Closed on
Dec 17, 2018
Sold by
The Mcdowell Family Lp
Bought by
Falling Oak Timber Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 25, 2016
Sold by
Ketchie Robert D and Ketchie Faye B
Bought by
The Mcdowell Family Lp
Seller's Agent
Rass Bagley
RE/MAX Central Realty
Buyer's Agent
Vickie Gallimore
RE/MAX Central Realty
List Price
$599,000
Sold Price
$535,000
Premium/Discount to List
-$64,000
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Jul 1, 1944
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
Dkc Holdings Llc $540,000 Chicago Title Insurance Co
Falling Oak Timber Llc $750,000 None Available
The Mcdowell Family Lp $535,000 None Available
-- $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dkc Holdings Llc $405,000
Previous Owner Falling Oak Timber Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2020 09/09/20 Sold $540,000 +0.9% $344 / Sq Ft
10/25/2016 10/25/16 Sold $535,000 -10.7% $382 / Sq Ft View Prior Sale
10/05/2016 10/05/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $599,000 -- $428 / 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 $1,672 $253,350 $0 $0
2024 $1,672 $253,350 $0 $0
2023 $1,672 $253,350 $0 $0
2022 $1,672 $253,350 $0 $0
2021 $1,143 $181,350 $0 $0
2020 $848 $134,580 $0 $0
2019 $3,555 $555,530 $0 $0
2018 $850 $136,060 $0 $0
2017 $854 $136,670 $0 $0
2016 $257 $41,070 $0 $0
2015 $257 $41,070 $0 $0
2014 -- $52,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 987490

Triad MLS

APN: 15-028-0-000-0003-0-0-0