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505 East Lexington Avenue

505 East Lexington Avenue, High Point, NC 27262
Property in Guilford
1 Units For Sale
Unit for sale at 505 E Lexington Avenue, High Point, NC 27262

$284,900 ↓ $3K

  • Loft
  • 2.5 Baths
  • 1,846 ft²
505 E Lexington Avenue, High Point, NC 27262 Listing by Matthew Millaway

505 East Lexington Avenue has been categorized by the local assessors in High Point, NC as a residential type of property. The home has a total of 64 bedrooms. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 8,712 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. 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, 505 East Lexington Avenue sold most recently in Jul 13, 2023 for a total of $20,000. Before that, the property was also sold for $15,000 in Dec 8, 2000. 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 $202 in taxes each year. 505 East Lexington Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $15,000. If we break it down further, the land itself was valued at $15,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!

Building Features

Condition

New Construction
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

  • Bedroom Count: 64
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 610
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLAIRWOOD
  • Land Acres: 0.2
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 11 PB 13-19 505 E LEXINGT PL13-19

Ownership

  • Current Owner : BMS INVESTMENT PROPERTIES LLC
  • Previous Owner : MYERS JAMES H
  • Previous Owner 2: MYERS MARGARET M
  • Owner Before Previous Owner: KIGER TRUMAN
  • Owner Before Previous Owner 2: KIGER DORIS L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Guilford County Schools
  • Census Tract: 013602

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: H-0231
  • Account Number: 2957566010
  • Parcel: 0191348
  • Block: 1500
  • Lot: 11
  • Municipality: HIGH POINT
  • Latitude: 35.9747
  • Longitude: -80.0109

    Address

  • Full Address: 505 E Lexington Ave
  • Address - House Number: 505
  • Street Direction: E
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: High Point
  • Carrier Code: C050
  • 4-Digit Zip Code: 2716
  • Zip Code: 27262

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $202
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 31,246
  • High Value: 38,380
  • Low Value: 24,112

    Market Valuation

  • Market Total Value: $15,000
  • Market Land Value: $15,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,000
  • Assessed Land Value: $15,000

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Transaction ID: 11909471502
  • Current Sale Price: $20,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 32010
  • Previous Sale Recording Date: Dec 08, 2000
  • Previous Sale Contract Date: Dec 08, 2000
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL CAROLINA BANK & TRUST
  • Previous Mortgage Transaction Date: Dec 08, 2000
  • Previous Mortgage Loan Amount: $12,000

About High Point



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Nearby Rentals

Unit for rent at 1028 Asheboro Street, High Point, NC, 27260

$750 /mo

  • 1 Bed
  • 1 Bath
  • 588 ft²
1028 Asheboro Street #B, High Point, NC, 27260 Listing by Tyler Nosek

Frequently Asked Questions

What neighborhood is 505 East Lexington Avenue located in?
The 505 East Lexington Avenue is a located in the neighborhood of Guilford in High Point, High Point.
How many listings are currently for sale in 505 East Lexington Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 505 East Lexington Avenue?
The average sales price for units in 505 East Lexington Avenue is $284,900 , or $154/sqft. currently.

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