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489 Tyro School Road

489 Tyro School Road, Lexington, NC 27295
Property in Davidson
Sold Jan 30, 2017
$360,000
$287,900 by Carolina Farm Credit Aca
Mortgage Due Feb 01, 2047
Sold Jul 16, 2007
$350,000
$280,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2037
489 Tyro School Road 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 1987 and is 37 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 489 Tyro School Road has 1,422 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 693,911 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 mixed used garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 4 available parking spaces. 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 B by the local assessor. The building has a gable or hip style roof made of wood shake/ shingles. The exterior walls of the building are made of wood shingle. 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 electric heaters and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 489 Tyro School Road sold most recently in Jan 30, 2017 for a total of $360,000. If you work out the math, that's approximately a cost of $99.56 per sqft. Before that, the property was also sold for $350,000 in Jul 16, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,325 in taxes each year. 489 Tyro School Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $536,230. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2000
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 693,911
  • Lot Size Frontage Feet: 350
  • Total Building Area: 3,616
  • Gross Building Area: 3,616
  • Building Area: 3,616
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,422
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOONE A WILSON ESTATE SECTION 3
  • Land Acres: 15.93
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: P=1-1B B3 L1A 2C 3A-6A 7-7C&48A BK2563-975

Ownership

  • Current Owner : LEONARD JANICE B
  • Previous Owner : TRACEY MICHAEL
  • Previous Owner 2: TAN CHONG LENG
  • Owner Before Previous Owner: THOMPSON KATHY M
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR33
  • Census Tract: 061704

Zoning

  • Zoning: RA2

Geography

  • Assessors Map Reference: MAP 023
  • Account Number: 9220379
  • District: 18
  • Parcel: 18-023-C-003-0001-A
  • Municipality: TYRO
  • Latitude: 35.8095
  • Longitude: -80.3809

    Address

  • Full Address: 489 Tyro School Rd
  • Address - House Number: 489
  • Address - Street Name: Tyro School
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Lexington
  • Carrier Code: R003
  • 4-Digit Zip Code: 6008
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,325

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 68
  • Final Value: 627,599
  • High Value: 769,052
  • Low Value: 486,145

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $387,900
  • First Open Lien Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Open Lien Mortgage Recording Date: Jan 30, 2017
  • First Open Lien Mortgage Loan Amount: $287,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2047
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jun 06, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $536,230
  • Market Land Value: $103,940
  • Market Improvement Value: $432,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $536,230

    Sales

  • Current Sale Contract Date: Jan 30, 2017
  • Current Sale Recording Date: Jan 30, 2017
  • Current Sale Transaction ID: 1953329013
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017000002091
  • Previous Sale Recording Date: Jul 16, 2007
  • Previous Sale Contract Date: Jul 16, 2007
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAROLINA FARM CREDIT ACA
  • First Mortgage Transaction Date: Jan 30, 2017
  • First Mortgage Loan Amount: $287,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 16, 2007
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Tyro



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Frequently Asked Questions

What neighborhood is 489 Tyro School Road located in?
The 489 Tyro School Road is a located in the neighborhood of Davidson in Tyro, Lexington.
What is the average sales price for listings in 489 Tyro School Road?
The average sales price for units in 489 Tyro School Road is $0 currently.

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