NOT LISTED FOR SALE

906 Fairview Dr Lexington, NC 27292

Estimated Value: $247,000 - $308,560

4 Beds
2.5 Baths
2,500 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $99,000 $40 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,698/month

65 Days on Market

Highlights

  • 1.16 Acre Lot
  • Traditional Architecture
  • No HOA
  • Partially Wooded Lot
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of June 2016

1.16 Acres, Captivating home in conv. location, impeccable condition, hardwood floors are absolutely beautiful. Main level offers DR, LR w/fireplace, Den, 2 BR, 1 BA. Laundry off enclosed porch w/half bath. Wonderful space upstairs could be used as BR, game room, Bonus, Home office. Has Tile BA w/shower and another BR. Enclosed 14x10 front porch w/ broken tile flooring. All windows vinyl double pane.

Last Agent to Sell the Property

Judy Lanier

Leonard Craver Realty Inc License #195065 Listed on: 03/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,593

Year Built

  • Built in 1940

Lot Details

  • 1.16 Acre Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned TN

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,324 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Storm Doors
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Lexington City Middle School
  • Lexington City High School

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Melrose Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 0004 / 002
  • Assessor Parcel Number 1115000020004000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,593

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Co List Office Mls Id: LLCR03
  • Co List Office Phone: 336-249-0296
  • Subdivision Name: Melrose Park
  • Directions: Main street Lexington, to east Center st., to Right on Fairview drive, cross Talbert Blvd, House on Right at 906
  • Above Grade Finished Sq Ft: 2324
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Other Equipment: Sump Pump
  • Has Basement: Unfinished, Basement, Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2324
  • Main Level Bathrooms: 2
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Level, Partially Cleared, Partially Wooded
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Dual Fuel System, Forced Air, Heat Pump, Wood, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas, Wood Fuel
  • Water Heater: Electric
  • Energy Features: Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lexington City
  • High School: Lexington City
  • Middle Or Junior School: Lexington City

Lot Info

  • Parcel #: 1115000020004000
  • Zoning: TN
  • TRIADMLS_PricePerAcre: 94741.3793
  • TRIADMLS_PlatPage: 14
  • TRIADMLS_DeedPage: 282
  • TRIADMLS_DeedBook: 1896
  • TRIADMLS_PlatBook: 6
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1593
  • Tax Block: 002
  • Tax Lot: 0004
  • Tax Map Number: 150
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 28, 2016
Sold by
Adam Wright Spencer
Bought by
Lagasse Janette
Seller's Agent
Judy Lanier
Leonard Craver Realty Inc
List Price
$112,900
Sold Price
$99,000
Premium/Discount to List
-$13,900
-12.31%
Current Estimated Value
$279,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,890
Avg. Annual Appreciation
10.93%
Original Mortgage
$94,050
Outstanding Balance
$76,037
Interest Rate
3.56%
Estimated Equity
$181,003

Purchase Details

Closed on
Nov 13, 2008
Sold by
Wachovia Bank Na
Bought by
Spencer Adam Wright

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2007
Sold by
Dempsey Patti S
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Sep 27, 2005
Sold by
Powers Construction
Bought by
Dempsey Patti S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,146
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2005
Sold by
Wells Fargo Bank Na
Bought by
Bowers Construction

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Davis Robin L Bryant
Bought by
Wells Fargo Bank
Source: Public Records

Range of Values:

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Average Value
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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
Lagasse Janette -- --
Spencer Adam Wright $91,000 None Available
Wachovia Bank Na $90,913 None Available
Dempsey Patti S $165,000 Chicago Title Insurance Co
Bowers Construction $85,000 None Available
Wells Fargo Bank $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagasse Janette $94,050
Closed Lagasse Janette --
Previous Owner Spencer Adam Wright $72,800
Previous Owner Dempsey Patti S $134,146
Previous Owner Dempsey Patti S $10,223
Previous Owner Bowers Construction $7,700
Previous Owner Bowers Construction $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $99,000 -12.3% $50 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $112,900 -- $56 / 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 $2,218 $170,630 $0 $0
2023 $2,218 $170,630 $0 $0
2022 $2,218 $170,630 $0 $0
2021 $2,218 $170,630 $0 $0
2020 $1,563 $121,150 $0 $0
2019 $1,587 $121,150 $0 $0
2018 $1,587 $121,150 $0 $0
2017 $1,587 $121,150 $0 $0
2016 $1,656 $125,780 $0 $0
2015 $1,593 $125,780 $0 $0
2014 $1,945 $153,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 787036

Triad MLS

APN: 11-150-0-002-0004-0-0-0