116 South Payne Street

116 South Payne Street has been categorized by the local assessors in Lexington, NC as a residential type of property. The building on the property was first built in 1939 and is 85 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 116 South Payne Street has 2,258 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 16,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 598 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 116 South Payne Street was last sold in Jan 12, 2022 for $530. According to our calculations, that's $0.12 per sqft. Prior to that sales transaction, the property was sold for $122,000 in May 2, 2018. Current property owners are expected to pay $2,894 in taxes per year. The property on 116 South Payne Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $220,890. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.