NOT LISTED FOR SALE

745 Lexington Rd Asheboro, NC 27205

Estimated Value: $710,000 - $1,931,646

5 Beds
3.5 Baths
5,509 Sq Ft
$261/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $1,700,000 $309 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $8,651/month

434 Days on Market

Highlights

  • Guest House
  • Colonial Architecture
  • Wood Flooring
  • In Ground Pool
  • Living Room with Fireplace
  • Outdoor Kitchen

About This Home

As of October 2022

Looking for a getaway or your own resort-style living with a luxurious pool, pool house, along with a separate guest living space. Privacy abounds.

Last Agent to Sell the Property

William Hilliard

Premier Sotheby's International Realty License #332498 Listed on: 07/26/2021

Premier Sotheby's International Realty

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,881

Year Built

  • Built in 1938

Lot Details

  • Cleared Lot
  • Property is zoned R-15, R-15

Home Design

  • Colonial Architecture
  • Transitional Architecture
  • Old World Architecture
  • Williamsburg Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • Gas Log Fireplace
  • Living Room with Fireplace
  • Den with Fireplace
  • Screened Porch
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Parking

  • Detached Garage
  • Porte-Cochere
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Outdoor Kitchen
  • Terrace

Additional Homes

  • Guest House
  • Separate Entry Quarters

Schools

  • Charles W Mccrary Elementary School

Utilities

  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 7751-07-5497

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,881

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Old World, Transitional, Williamsburg
  • Year Built: 1938
  • Ratio Current Price By Acre: 88541.67
  • Restrictions: None
  • Doors and Windows: g-Insulated Door(s),Insulated Windows,Storm Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Guest House,Main Level,Room w/ Private Bath,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Asphalt
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 308.59
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Brick/Mortar
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Fixed, Attic Walk In, Cable Available, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3509
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2000
  • Porch: Screened
  • Appliances: Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Refrigerator, Security System
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den, Gas Log, Living Room
  • Living Area: 5509
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Outdoor Kitchen, Outdoor Shower, In Ground Pool, Porte-cochere, Rooftop Terrace, Terrace
  • New Construction: No
  • Roof: Slate
  • Tax Location: Asheboro
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick, Glass

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Carport - 2 Car, Detached, Driveway, Garage - 3 Car

Utilities

  • Heating: Multizone A/C, Oil
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association Name: N/A

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Long Range View
  • Lot Size Units: Acres
  • Parcel Number: 7751-07-5497
  • Plat Book Slide: 106/38
  • Zoning Description: R-15
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.45630

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Charles W McCrary
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 3, 2022
Sold by
Shaffner Robert C
Bought by
Shaffner Kenneth and Shaffner Shawna
Seller's Agent
William Hilliard
Premier Sotheby's International Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Current Estimated Value
$1,439,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$260,785
Avg. Annual Appreciation
-5.12%
Original Mortgage
$1,360,000
Outstanding Balance
$1,303,473
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$135,742

Purchase Details

Closed on
Aug 16, 2006
Sold by
Schwarz Properties Llc
Bought by
Shaffner Robert C and Shaffner Anne S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaffner Kenneth $1,700,000 --
Shaffner Robert C $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffner Kenneth $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $1,700,000 -5.6% $309 / Sq Ft
07/26/2021 07/26/21 For Sale $1,800,000 -- $327 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $12,881 $1,064,340 $310,200 $754,140
2024 $12,859 $1,064,340 $310,200 $754,140
2023 $12,859 $1,064,340 $310,200 $754,140
2022 $9,512 $732,810 $276,750 $456,060
2021 $9,512 $732,810 $276,750 $456,060
2020 $9,471 $732,810 $276,750 $456,060
2019 $9,471 $732,810 $276,750 $456,060
2018 $9,076 $691,310 $276,960 $414,350
2016 $9,056 $691,307 $276,960 $414,347
2015 $9,168 $691,307 $276,960 $414,347
2014 -- $793,628 $288,960 $504,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3766668

Canopy MLS (Canopy Realtor® Association)

APN: 7751-07-5497