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504 Hillview Drive

504 Hillview Drive, Lexington, NC 27292
Property in Davidson
Sold Feb 03, 2021
$360,000
$311,355 by Midland Mortgage Corp
Mortgage Due Mar 01, 2051
Sold Mar 04, 1977
Transfer
Local assessors in Lexington, NC have categorized 504 Hillview Drive as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 36,051 square feet. The linear feet between the front and back of the lot was measured at 1,830 ft and the front of the lot was measured at 1,970 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 504 Hillview Drive has a total of 1,725 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,675 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 575 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. While the walls in the interior have been made of minimum/plywood materials. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 504 Hillview Drive was last sold in Feb 2, 2021 for $360,000. According to our calculations, that's $67.73 per sqft. Current property owners are expected to pay $2,423 in taxes per year. The property on 504 Hillview Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $361,660. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Minimum/playwood materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,675
  • Garage Type: Garage
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 36,051
  • Lot Size Depth Feet: 1,830
  • Lot Size Frontage Feet: 1,970
  • Total Building Area: 5,315
  • Gross Building Area: 5,315
  • Building Area: 5,315
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,725
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERITAGE SHORES
  • Land Acres: 0.828
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P=16-4 L18 BK2455-2481 HERITAGE SHORES

Ownership

  • Current Owner : FOSTER DEREK ALLEN
  • Current Owner 2: FOSTER ANGELA HIX
  • Previous Owner : FOSTER MARSHALL ALEX
  • Previous Owner 2: ESTATE OF FRANK SOWERS FOSTER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR12
  • Census Tract: 061808

Zoning

  • Zoning: RS

Geography

  • Assessors Map Reference: MAP 024
  • Account Number: 9251451
  • District: 6
  • Parcel: 06-024-C-000-0018
  • Municipality: COTTON GROVE
  • Latitude: 35.7143
  • Longitude: -80.2529

    Address

  • Full Address: 504 Hillview Dr
  • Address - House Number: 504
  • Address - Street Name: Hillview
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Lexington
  • Carrier Code: R028
  • 4-Digit Zip Code: 6722
  • Zip Code: 27292

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,423

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 67
  • Final Value: 491,150
  • High Value: 604,925
  • Low Value: 377,375

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $361,355
  • First Open Lien Mortgage Lender: MIDLAND MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 03, 2021
  • First Open Lien Mortgage Loan Amount: $311,355
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: TRULIANT FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 31, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 08, 2053

    Market Valuation

  • Market Total Value: $361,660
  • Market Land Value: $172,500
  • Market Improvement Value: $189,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,660

    Sales

  • Current Sale Contract Date: Feb 02, 2021
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Transaction ID: 11817494222
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021000002536
  • Previous Sale Recording Date: Mar 04, 1977
  • Previous Sale Contract Date: Mar 04, 1977
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 03, 2021
  • First Mortgage Loan Amount: $311,355
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 504 Hillview Drive located in?
The 504 Hillview Drive is a located in the neighborhood of Davidson in Davidson, Lexington.
What is the average sales price for listings in 504 Hillview Drive?
The average sales price for units in 504 Hillview Drive is $0 currently.

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