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517 Union Pointe Lane

517 Union Pointe Lane, Lexington, NC 27295
Property in Davidson
Sold May 24, 2018
$195,000
$192,000 by State Employees Credit Union
Mortgage Due Mar 01, 2052
Sold Oct 21, 2005
$168,500
$163,445 by Wachovia Mortgage Corp
Mortgage Due Nov 01, 2035
Local assessors in Lexington, NC have categorized 517 Union Pointe Lane as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 22,817 square feet. 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 517 Union Pointe Lane has a total of 1,120 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 616 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 504 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 open porch so you'll have a great option in the front 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 wood shake/ shingles. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. 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, 517 Union Pointe Lane sold most recently in May 24, 2018 for a total of $195,000. If you work out the math, that's approximately a cost of $51.05 per sqft. Before that, the property was also sold for $168,500 in Oct 19, 2005. 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 $1,639 in taxes each year. 517 Union Pointe Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $256,040. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1996
  • Effective Year Built: 2010
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • 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 Type: Finished improved basement
  • Basement Area: 616
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 22,817
  • Lot Size Frontage Feet: 2,650
  • Total Building Area: 3,820
  • Gross Building Area: 3,820
  • Building Area: 3,820
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,120
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNION POINTE
  • Land Acres: 0.523
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB26-5 L63 BK2315-1511 UN POINT II

Ownership

  • Current Owner : EADS SAMUEL J
  • Previous Owner : FIELDS LORI MICHAEL HUNTER
  • Owner Before Previous Owner: GALLAZZI ROBERT J
  • Owner Before Previous Owner 2: GALLAZZI DAWN W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Davidson County Schools
  • School Tax School District: C
  • School Tax District Code 2: FR34
  • Census Tract: 060301

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: MAP 012
  • Account Number: 9235190
  • District: 3
  • Parcel: 03-012-B-000-0063
  • Municipality: ARCADIA
  • Latitude: 35.9567
  • Longitude: -80.2619

    Address

  • Full Address: 517 Union Pointe Ln
  • Address - House Number: 517
  • Address - Street Name: Union Pointe
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Lexington
  • Carrier Code: R032
  • 4-Digit Zip Code: 6493
  • Zip Code: 27295

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,639

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 60
  • Final Value: 337,656
  • High Value: 431,597
  • Low Value: 243,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $192,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $256,040
  • Market Land Value: $48,000
  • Market Improvement Value: $208,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,040

    Sales

  • Current Sale Contract Date: May 24, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Transaction ID: 11469132831
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018000010323
  • Previous Sale Recording Date: Oct 21, 2005
  • Previous Sale Contract Date: Oct 19, 2005
  • Previous Sale Amount: $168,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 24, 2018
  • First Mortgage Loan Amount: $195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 21, 2005
  • Previous Mortgage Loan Amount: $163,445
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2035

About Davidson



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Frequently Asked Questions

What neighborhood is 517 Union Pointe Lane located in?
The 517 Union Pointe Lane is a located in the neighborhood of Davidson in Davidson, Lexington.
What is the average sales price for listings in 517 Union Pointe Lane?
The average sales price for units in 517 Union Pointe Lane is $0 currently.

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