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256 Broad Street

256 Broad Street, Lexington, NC 27295
Property in Davidson
Sold Mar 09, 2023
$41,000
Sold Dec 13, 2021
$25,500
$27,000 by Sexton Alfred
Mortgage Due Dec 07, 2022
256 Broad 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 1917 and is 107 years old. However, we must point out that the home was most recently renovated and altered in 1945. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 256 Broad Street has 1,316 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 1,330 ft and across the front of the lot is 2,050 ft. The area measurement of the land has been determined as 27,265 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 open porch. 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 plaster. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Feb 8, 2023 for $41,000. That's $26.49 per sqft. Prior to that sales transaction, the property was also sold in Dec 7, 2021 for $25,500. 256 Broad Street was last assessed in 2023. The total value of the property was assessed at $43,660. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $572. The initial tax year of delinquency was in 2019. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1945
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,265
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 2,050
  • Total Building Area: 1,548
  • Gross Building Area: 1,548
  • Building Area: 1,548
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,316
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.626
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P=8-93 B1 L68 BK2520-160 ERLANGER MILL

Ownership

  • Current Owner : NORDIN HOWARD C
  • Current Owner 2: PASTORELLI SUZANNE
  • Previous Owner : ABM HOMES LLC
  • Owner Before Previous Owner: IKE SEXTON ALFRED
  • Owner Before Previous Owner 2: IKE JANE DEBRA
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 23, 2023

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: 061204

Zoning

  • Zoning: TN

Geography

  • Assessors Map Reference: MAP 007
  • Account Number: 9253874
  • District: 11
  • Parcel: 11-007-0-001-0068
  • Municipality: LEXINGTON
  • Latitude: 35.842
  • Longitude: -80.2547

    Address

  • Full Address: 256 Broad St
  • Address - House Number: 256
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: NC
  • City Name: Lexington
  • Carrier Code: C002
  • 4-Digit Zip Code: 1674
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $572
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 72
  • Final Value: 40,003
  • High Value: 45,448
  • Low Value: 34,557

    Market Valuation

  • Market Total Value: $43,660
  • Market Land Value: $8,000
  • Market Improvement Value: $35,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,660

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Transaction ID: 11905213516
  • Current Sale Price: $41,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3906
  • Previous Sale Recording Date: Dec 13, 2021
  • Previous Sale Contract Date: Dec 07, 2021
  • Previous Sale Amount: $25,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SEXTON ALFRED
  • Previous Mortgage Transaction Date: Dec 13, 2021
  • Previous Mortgage Loan Amount: $27,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 07, 2022

About Lexington



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Frequently Asked Questions

What neighborhood is 256 Broad Street located in?
The 256 Broad Street is a located in the neighborhood of Davidson in Lexington, Lexington.
What is the average sales price for listings in 256 Broad Street?
The average sales price for units in 256 Broad Street is $0 currently.

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