Check Availability

227 West 5th Avenue

227 West 5th Avenue, Lexington, NC 27292
Property in Davidson
1 Units For Sale
Unit for sale at 227 5th Avenue, Lexington, NC 27292

$225,000 In Contract

  • Loft
  • 2 Baths
  • 2,424 ft²
227 5th Avenue, Lexington, NC 27292 Listing by Jason Coleman

227 West 5th Avenue 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 1898 and is 126 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 227 West 5th Avenue has 1,751 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 1,550 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 11,625 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. Residents will have the luxury of enjoying a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 plaster. The inside of the home is being cooled with no 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, 227 West 5th Avenue was last sold in Jun 28, 2022 for $210,000. According to our calculations, that's $92.80 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Sep 19, 2005. Current property owners are expected to pay $1,234 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 227 West 5th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $94,210. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,625
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,263
  • Gross Building Area: 2,263
  • Building Area: 2,263
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,751
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BC L1 BK2554-1707 W 5TH AV

Ownership

  • Current Owner : QUARRY HILL REI LLC
  • Previous Owner : ELAINE VANZANT SHIRLEY
  • Owner Before Previous Owner: REAVES JOHN D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lexington City Schools
  • School Tax School District: C
  • School Tax District Code 2: CI07
  • School Tax District Code 3: CI07
  • Census Tract: 061600

Zoning

  • Zoning: TN

Geography

  • Assessors Map Reference: MAP 108
  • Account Number: 9262727
  • District: 11
  • Parcel: 11-108-0-00C-0001
  • Municipality: LEXINGTON
  • Latitude: 35.8226
  • Longitude: -80.2612

    Address

  • Full Address: 227 W 5th Ave
  • Address - House Number: 227
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Lexington
  • Carrier Code: C004
  • 4-Digit Zip Code: 2903
  • Zip Code: 27292

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,234
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.134
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 73
  • Final Value: 129,242
  • High Value: 146,568
  • Low Value: 111,915

    Market Valuation

  • Market Total Value: $94,210
  • Market Land Value: $9,000
  • Market Improvement Value: $85,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,210

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Transaction ID: 11891363305
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14757
  • Previous Sale Recording Date: Sep 21, 2005
  • Previous Sale Contract Date: Sep 19, 2005
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIDELITY BANK
  • Previous Mortgage Transaction Date: Sep 21, 2005
  • Previous Mortgage Loan Amount: $43,000
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 22, 2008

About Lexington



Similar Buildings

Property at 227 West 5th Avenue,

226 Vance Street

  • 1 Unit for Sale
  • 1 Story
226 Vance Street, Lexington, NC 27292
Property at 227 West 5th Avenue,

0 South Greensboro Street

  • 1 Unit for Sale
0 South Greensboro Street, Lexington, NC 27292
Property at 227 West 5th Avenue,

322 Burler Street

  • 1 Unit for Sale
322 Burler Street, Lexington, NC 27292
Property at 227 West 5th Avenue,

320 Burler Street

  • 1 Unit for Sale
320 Burler Street, Lexington, NC 27292
Property at 227 West 5th Avenue,

314 Salem Street

  • 2 Units for Sale
  • 1 Story
314 Salem Street, Lexington, NC 27292
Property at 227 West 5th Avenue,

5 Chestnut Street

  • 1 Unit for Sale
  • 2 Stories
5 Chestnut Street, Lexington, NC 27292
Property at 227 West 5th Avenue,

109 East 11th Avenue

  • 1 Unit for Sale
  • 1 Story
109 East 11th Avenue, Lexington, NC 27292
Property at 227 West 5th Avenue,

410 National Boulevard

  • 1 Unit for Sale
410 National Boulevard, Lexington, NC 27292

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 227 West 5th Avenue located in?
The 227 West 5th Avenue is a located in the neighborhood of Davidson in Lexington, Lexington.
How many listings are currently for sale in 227 West 5th Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 227 West 5th Avenue?
The average sales price for units in 227 West 5th Avenue is $225,000 , or $93/sqft. currently.

Quantcast