NOT LISTED FOR SALE

8 Fair St Lexington, NC 27292

Estimated Value: $111,000 - $194,000

2 Beds
1 Bath
1,100 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: October 18, 2021

Last sale price $50,000 $45 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $855 / mo

233 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2021

PACKAGE DEAL! Downtown Lexington! This home rents for $495; total rentals are $3770. Properties included are: 6 Fair St, 8 Fair St, 302 Irma Ave, 207 Mendota, 505 Pugh St (duplex), 701 Raeford Ave. Contact us today for more information!

Last Agent to Sell the Property

Josh Hill

Joshua Mitchell Real Estate License #284830 Listed on: 09/22/2020

Last Buyer's Agent

Josh Hill

Joshua Mitchell Real Estate License #284830 Listed on: 09/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned TN

Home Design

  • Vinyl Siding

Interior Spaces

  • 956 Sq Ft Home
  • 800-1,100 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1102700000019A
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1953

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Lot Size: subject to survey
  • Subdivision Name: None
  • Directions: I 85 BUS N, take NC 8/52 Winston exit, turn right onto NC 8, left onto W 5th St, left onto Fair St, home is on the right.
  • Above Grade Finished Sq Ft: 956
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1953
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1100
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: INVESTMENT BUNDLE! Downtown Lexington! This home rents for $495; total rentals are $3770. Properties included are: 6 Fair St, 8 Fair St, 302 Irma Ave, 207 Mendota, 505 Pugh St (duplex), 701 Raeford Ave. Contact us today for more information!
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 956
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 1102700000019A
  • Zoning: TN
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 548.24
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 8, 2021
Sold by
Hill Joshua A and Hill Ashley R
Bought by
S & K Rental Property Llc
Seller's Agent
Josh Hill
Joshua Mitchell Real Estate
Buyer's Agent
Josh Hill
Joshua Mitchell Real Estate
Sold Price
$50,000
Current Estimated Value
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,000
Avg. Annual Appreciation
28.03%
Original Mortgage
$208,000
Outstanding Balance
$189,677
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$37,677

Purchase Details

Listed on
Feb 26, 2018
Closed on
Dec 13, 2018
Sold by
Strickland Brothers Llc
Bought by
Hill Joshua A and Hill Howard Blake
Seller's Agent
Josh Hill
Joshua Mitchell Real Estate
Buyer's Agent
Josh Hill
Joshua Mitchell Real Estate
List Price
$49,900
Sold Price
$30,000
Premium/Discount to List
-$19,900
-39.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.63%
Original Mortgage
$165,000
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 2017
Sold by
Hwh Enterprises Llc
Bought by
Strickland Brothers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2014
Sold by
Hwh Enterprises
Bought by
Hwh Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,700
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 13, 1985
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
S & K Rental Property Llc $320,000 None Available
Hill Joshua A $190,000 None Available
Strickland Brothers Llc $2,050,000 None Available
Hwh Enterprises Llc -- None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S & K Rental Property Llc $208,000
Previous Owner Hill Joshua A $165,000
Previous Owner Strickland Brothers Llc $263,500
Previous Owner Hwh Enterprises Llc $111,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2021 10/18/21 Sold $50,000 +66.7% $63 / Sq Ft
12/14/2018 12/14/18 Sold $30,000 -39.9% $38 / Sq Ft View Prior Sale
11/12/2018 11/12/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $49,900 -- $62 / 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 $659 $50,650 $0 $0
2024 $659 $50,650 $0 $0
2023 $659 $50,650 $0 $0
2022 $659 $50,650 $0 $0
2021 $659 $50,650 $0 $0
2020 $540 $41,850 $0 $0
2019 $548 $41,850 $0 $0
2018 $548 $41,850 $0 $0
2017 $548 $41,850 $0 $0
2016 $536 $40,940 $0 $0
2015 $516 $40,940 $0 $0
2014 $572 $45,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Josh Hill

    Joshua Mitchell Real Estate

    (336) 561-2604

    28 in this area

    216 Total Sales

    Josh Hill
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Map

Source: Triad MLS

MLS Number: 994870

Triad MLS

APN: 11-027-0-000-0019-A-0-0

North Carolina Davidson County Lexington 27292

8 Fair St, Lexington, NC

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