NOT LISTED FOR SALE

--- Nc Highway 8 Lexington, NC 27292

Estimated Value: $213,000

0.66 Acre
$322,727 Price per Acre
28,750 Sq Ft Lot

Last Sold February 21, 2018

Last sale price $60,000

Est. 255% increase in value since last sale

Current estimated payment $1,224/month

49 Days on Market

About This Lot

As of February 2018

Highway Commercial lot with 128' road frontage. On 4-lane Hwy 8 with center turn lane. Road curbing cut for driveway. Beside OReilly Auto Parts Store. Outside city limits with lower tax rate. Land lays nicely. Priced $19,300 below tax value. Good place to start your business if you want high traffic plus it catches High Rock Lake traffic to and from I-85.

Last Agent to Sell the Property

Wendy Hanes

Wendy Hanes Realty License #267034 Listed on: 08/22/2017

Last Buyer's Agent

Wendy Hanes

Wendy Hanes Realty License #267034 Listed on: 08/22/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $551

Lot Details

  • 0.66 Acre Lot
  • Level Lot
  • Property is zoned HC

Schools

  • Central Davidson Middle School
  • Central Davidson High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0600900000034000
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$551

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.66
  • Lot Size: 128 rd x 257 left x 121 back x 172 rt
  • Road Frontage Type: 4-Lane
  • Road Surface Type: Paved
  • Directions: From Lexington city go south on Hwy 8 (aka Cotton Grove Rd.) Property is on the left beside of OReilly's Auto Parts Store and across from American Children's Home.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_CityLimitsYN: No
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Curbs, Level

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Southwood
  • High School: Central Davidson
  • Middle Or Junior School: Central Davidson

Lot Info

  • Parcel #: 0600900000034000
  • Zoning: HC
  • TRIADMLS_PricePerAcre: 90909.0909
  • TRIADMLS_ClearedAcres: 0.66
  • TRIADMLS_DeedPage: 0602
  • TRIADMLS_DeedBook: 2023
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 551.14
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Feb 13, 2018
Sold by
Whitley Sylvia Taylor
Bought by
Rentz Llc
Seller's Agent
Wendy Hanes
Wendy Hanes Realty
Buyer's Agent
Wendy Hanes
Wendy Hanes Realty
List Price
$68,000
Sold Price
$60,000
Premium/Discount to List
-$8,000
-11.76%
Current Estimated Value
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,000
Avg. Annual Appreciation
14.36%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Shepherd Tony Lee
Bought by
Whitley Sylvia Taylor

Purchase Details

Closed on
Mar 31, 2009
Sold by
Shepherd Tony L and Shepherd Betty L
Bought by
T & B Enterprises Of The Triad Llc

Purchase Details

Closed on
Apr 15, 2008
Sold by
Whitley Sylvia Taylor
Bought by
Shepherd Tony Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1980

Purchase Details

Closed on
Apr 1, 1976
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
Rentz Llc $60,000 Chicago Title Insurance Co
Whitley Sylvia Taylor $100,000 None Available
T & B Enterprises Of The Triad Llc -- None Available
Shepherd Tony Lee $115,000 None Available
-- $44,000 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Tony Lee $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2018 02/21/18 Sold $60,000 -11.8% --
10/11/2017 10/11/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $68,000 -- --
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 $559 $87,300 $0 $0
2023 $567 $87,300 $0 $0
2022 $559 $87,300 $0 $0
2021 $559 $87,300 $0 $0
2020 $559 $87,300 $0 $0
2019 $567 $87,300 $0 $0
2018 $567 $87,300 $0 $0
2017 $567 $87,300 $0 $0
2016 $567 $87,300 $0 $0
2015 $567 $87,300 $0 $0
2014 $551 $84,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Wendy Hanes

    Wendy Hanes Realty

    (336) 813-2527

    4 Total Sales

    Wendy Hanes
    Section Image
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Map

Source: Triad MLS

MLS Number: 847038

Triad MLS

APN: 06-009-0-000-0034-0-0-0

North Carolina Davidson County Lexington 27292

--- Nc Highway 8, Lexington, NC

This home is located at --- Nc Highway 8, Lexington, NC 27292 since 22 August 2017 and is currently estimated at $213,000. --- Nc Highway 8 is a home located in Davidson County with nearby schools including Southwood Elementary School, Central Davidson Middle School, and Central Davidson High School.

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